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It's a classic "market for lemons". The best EU VCs move or get moved to Silicon Valley. The ones that are left are nearly always bad. Best description of them
by solve 11y ago
It's a classic "market for lemons". The best EU VCs move or get moved to Silicon Valley. The ones that are left are nearly always bad.
Best description of them is a bunch of used car salesmen who would rather make their money by extracting value through tricking and hurting entrepreneurs, than by working hard to add value and make great bets. Sad, but that's been my experience over the years.
You could make a long list of specific differences, but that's the general situation.