EU Startup Monitor
Among European founders it's quite common to hear a lot of frustration and confusion regarding the demands made by European business angels and investors. One adagio, quite common amongst the European founder community, is that "American investors invest and European investors say they're investors." Indeed, the lack of public guarantees, of a duly integrated capital market, of a perennial high risk aversion culture, and of the lack of legal efficiency and certainty, make private investors not focus on the opportunities posed by EU founders. The power law explained by Sebastian Mallaby is, in Europe, anathema, as much as the "move fast and break things" motto.…