European VC
topic on 2 shows · 8 statements across 7 episodes
8 statements about European VC, every show
Staniszewski: US VCs focus on betting bigger rather than downside protection
“So I think they are playing a different game. I think the, you know, they're, they are all from our experience so far, a lot more keen to take the risk. Like, You know, even our conversations are always like, how do we bet bigger rather than like optimize for …”
Zennström: Early 2000s European VCs Primarily Funded US Internet Copycats
“The model for European VCs at the time was to invest in a copycat of a U.S. Internet company, and use the language barrier as a moat. So you kind of was really smart to invest in say a German copycat of eBay because eBay would probably buy them or a Nordic ver…”
Most European VCs Passed on Glovo, Doubting It Could Beat Uber Eats
“All the European VCs or most of them passed on us. Nobody believed in our story, you know, a bunch of kids from Barcelona beating the Deliveros and the Uber Eats of the world who were always like one step ahead in fundraising, right?”
Early-Stage European VCs Lack Founder Experience and Add Unproductive Pressure
“Most of the people that I found had never built things. Right. So it was really hard to connect. Even the ones that invested in us. Building a company is such a rollercoaster, right? That if you don't have people that are used to this rollercoaster they add so…”
Sertoglu: Every single European VC passed on UiPath at least once
“I think that every single European VC has passed on UiPath at least once.”
Stebbings: European VCs suck at telling inspiring stories compared to US VCs
“European VCs suck at telling stories. I know, often people are like, oh, why, why didn't you have more European VCs? Honestly, they really do not articulate stories well, and they're not inspiring, exciting, they don't resonate in a way that US VCs absolutely …”
Lemkin: European VCs passed on Algolia at $12M pre-money valuation
“The other investors thought that fifty million was the highest outcome for Algolia. One of the reasons I was able to invest is because twelve million pre was too high for them. Because a fifty million dollar exit can't support anything much more than a five to…”
European VCs Are More Conservative Than US Investors
“European VCs, per definition, are a little bit more conservative than American VCs, who are known to, in some cases, just roll the dice because they, A, have so much money, and B, oftentimes have big, big successes in their funds already, so they're maybe a li…”