Poor European entrepreneurs. They can only dreams of SuperAngels, salivate from afar about the land of Ron Conway, the cool shirts of Sacca and the awesome dollar power of Angellist,
whilst they're stuck with old school business angels or fee-charging
networks, whilst European VC's, never a risk taking breed as we know,
have all retreated back to the safer havens of "venture growth". They
can only wish there was a seed bubble.
No wonder that governments feel there is an "equity gap" they need to
fill, or that entrepreneurs feel compelled to leave for the promised
land. Everyone wants to be Bart Decrem (with better glasses, like mine), move over there and make it happen !
The truth is, we've been seeing Euro SuperAngels emerge for a while now. When I came across Nic's question on the topic, and Fred Wilson's thoughts on London, I thought it would be worth writing them down. My question is: "are we Europeans guilty again of beating ourselves over the head with a stick instead of focusing on, leveraging and celebrating what's there ?"
To read the full, original article click on this link: Rise of the European SuperAngel - Fred Destin
Author: Fred Destin
