From the report"The State of European Tech 2020"
GPs of seed funds know what they’re looking for, and it’s all about the team. Second-time founders who’ve been in the startup ecosystem for a long time have an easy time raising funds. We used to have a flow of new angel investors into the market as startup founders launched an IPO or got their startups acquired, but that’s no longer the case. Now, these people can make another startup and easily raise millions of euros without much of a product as they are experienced founders. Of course, they also have the option to raise a VC fund instead. has instead declined 2016 to 2019, from 5300 to 3500. In other words,The decrease of the number of small seed deals in Europe.
Today, we are seeing European unicorns raise large amounts of capital and grow the economy of the European continent. You’ve probably heard about the food-delivery marketplace Deliveroo in the UK that recently launched an IPO with a 7.6 billion pounds valuation.
nice
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »