Europeans and Americans differ in a lot of ways–the currency they use, the beer they drink and what they call football come to mind–but one thing that isn’t very different in either place is the venture industry, a new report from the British Private Equity and Venture Capital Association argues.
The following “performance myths” about venture in Europe that formed in the wake of the dot-com collapse continue to harm the industry there, it says:
The likelihood of a successful exit is lower in Europe than in the U.S. Some vaguely understood determinants of success are tilted in favor of the U.S. and against Europe There is a chronic stigma around failure that harms European entrepreneurs
To read the full, original article click on this link: Report Challenges Myths About European Venture Industry - Venture Capital Dispatch - WSJ
