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I agree with this, the rich actually are oddly MORE greedy in Europe and take double the equity for half the money (roughly) so founders get a lot less upside o
by andy_ppp 16d ago
I agree with this, the rich actually are oddly MORE greedy in Europe and take double the equity for half the money (roughly) so founders get a lot less upside or they move their businesses to the US and get US capital at better rates.
- miohtama 16d agoThe valuations are lower (greedier investors) because EU companies are less likely to succeed for reasons mentioned above