In a welcome return, Stefan Smalla has posted an interesting link and analysis of VC fund futures in Europe.
I’m not sure it’s all doom and gloom myself. Certainly the larger VC’s with larger funds and a larger business focus face tough times in the dot com hangover, especially in Europe. But smaller “business angels” focusing on small, niche, and sector specific companies, with smaller cash sums, with perhaps more realistic and achievable business models still place themselves in good stead.
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