European venture capital ecosystem

“Part of the reason it's hard to do investing here is that often by the time you meet founders, they've conditioned themselves to, like, reduce the ambition in the pitch, because they're just, you know, being so used to people being like, well, that's not very …”

“There is way too much money in Europe and there are way too few opportunities. And the result of that is you see this concentration of capital into the few obviously good ones, and the prices are just fucking nuts. And I mean, the amount of mediocre to poor la…”