In the last month or so I have spent a fair amount of time in Europe, first in London and Cambridge, England with Silicon Valley Comes to the UK, and then in Paris, at the Le Web conference. I have judged two startup competitions, participated in a SeedCamp demo day, and met with dozens of founders and entrepreneurs. It has been an incredible survey of what is to come in Europe. There's lots of great stuff cooking. But European entrepreneurs face some real challenges when it comes to building their businesses and those challenges threaten to deeply retard the success rate of startups overseas.
The biggest challenge European entrepreneurs face is a crisis of capital. There simply isn't a robust network of angel investors who are actively investing in Europe. There are some exceptions (one of the Le Web startup competition judges reported that he was investing in about 2 startups a week -- a number that puts all but Ron Conway to shame) but the scale of early stage capital is insufficient to sustain the breadth of startup ideas being born. I believe that this lack of early stage capital is the biggest single challenge Europe faces when promoting the emergence and growth of a meaningful startup culture.
Angel investment isn't just about the capital. It is also about the advice. First time entrepreneurs face a mountain of challenges that they lack the experience to overcome. Good entrepreneurs overcome those challenges through strong intuition and sheer force of will. But great entrepreneurs overcome those challenges through strong intuition, sheer force of will, and the ability to draw upon the experience and advice of others who have navigated the challenges before them. Experienced early stage investors (be they angel investors or VCs) can help founders: avoid significant pitfalls; save time; use capital more efficiently; partner with others; think more strategically; raise future capital; etc. Without sufficient mentoring, European entrepreneurs will be left to navigate these perilous waters alone, severely inhibiting the number of survivors, let alone those who will prosper.
The early stage capital challenges European entrepreneurs face are compounded by the relative conservatism of the European Venture Capital market. Not only is it more difficult for companies abroad to raise startup capital, but they often need to make more progress than their American counterparts before qualifying for venture investment from non-US investors. Not surprisingly, many of the most promising European startups thus make fundraising trips to the United States, bypassing their local venture communities altogether. While this may good for the likes of August Capital, it will not help to grow a strong startup ecosystem overseas.
There is no question that it is important for Europe to nurture the entire startup ecosystem -- technologists, lawyers, accountants, bankers, debt providers, recruiters, etc. -- but until European entrepreneurs have a robust local source of startup capital, they will continue to fail disproportionately. Any European government hoping to incubate the next Silicon Valley should start there. The country that solves the capital conundrum will be the country on a path to meaningful startup growth and prosperity.
hey,I like it ur blog ,I will bookmark it ,thanks for ur help.
Posted by: Ugg Boots Clearance | 08/20/2011 at 09:07 PM
this is very interesting site,keep going on ur article,thanks
Posted by: Ugg Boots Clearance | 08/20/2011 at 09:08 PM
well done !Thanks for sharing. There are not much websites have helpful source of informations like this one ed hardy i learned more from here.
Posted by: Coach Handbags | 08/23/2011 at 12:14 AM
I BOUGHT THIS AFTER SEEING A LADY WEARING IT AT WORK...IT'S VERY WELL MADE AND SOLID, IT EVEN HAS A STAMP INSIDE WITH 925 THE NUMBERS FOR SILVER...I WEAR IT ALL THE TIME AND GET COMPLEMENTS ON IT...VERY NICE ACCESSORY.
Posted by: tiffany jewelry | 08/25/2011 at 01:20 AM
thanks for your sharing last time i also confuse this Accounting’s problem
Posted by: yiwu | 08/29/2011 at 09:04 PM
I want to congratulate the winner for the nomination race.I want to know suggestion from others.
Posted by: jade jewelry store | 08/30/2011 at 06:17 PM
Well put, and that's what we want too. Thank you for sharing your views with me. People have strong opinions around the table, and I am looking forward to listening to them, I've got my own opinion, which I am more than willing to share.
Posted by: lindy | 09/01/2011 at 01:52 AM
The report, Cheap Belstaffwhich was originally expected replica louis vuitton handbags to be completed by February,Cheap Moncler jackets sale is due to be released on Cheap Belstaff jacketsFriday, but was leaked in wholesale replica louis vuitton full to the New York Sale womens monclerTimes."Israel's decision to boardCheap Belstaff sale the vessels with such substantialreplica louis vuitton wallet force at a great distance Discount womens monclerfrom the blockade zone and with Cheap Belstaff jacketsno final warning immediately priorReplica louis vuitton Online Store to the boarding wasexcessiveand Discount Moncler online storeunreasonable," the reportCheap Belstaff sale concluded.But the inquiry, led by louis vuitton Outlet former New Zealand prime minister GeoffreyCheap Moncler Kids jackets Palmer, added that the naval Belstaff Jackets Mensblockade was legal and appropriate Louis Vuitton Bags because it was aimed at preventing Discount moncler uk salethe import of weapons by sea.Belstaff JacketsThe New York Times says thatLouis Vuitton shoes while Israel feels vindicated bythereport,Discount moncler usa saleTurkey is upsetwiththeconclusion Shop Belstaff for Menon the legalstatusofIsrael's navallouis vuitton sunglasses blockade.Meanwhile, Palestinian sale Cheap moncler outletIslamist movement Hamas, Belstaff Jackets Storewhich runs the Gaza Strip,Louis Vuitton wallet condemnedthefindings as Discount mens moncler jackets"unjust and unbalanced".
Posted by: Discount mens | 09/02/2011 at 01:00 AM
Cheap Moncler jackets sale
Sale womens moncler
Discount womens moncler
Discount Moncler online store
Cheap Moncler Kids jackets
Discount moncler uk sale
Discount moncler usa sale
sale Cheap moncler outlet
Discount mens moncler jackets
Cheap moncler jackets on sale
Buy buy moncler jackets
Discount moncler coats outlet
Cheap black moncler jackets
womens coats and jackets on sale
Posted by: womens coats | 09/02/2011 at 01:03 AM
in here but all I'm getting is blurry shots when i try to capture the
Posted by: Football shoes | 09/02/2011 at 02:52 AM
bad lighting in here but all I'm getting is blurry shots when i try
Posted by: beats by dr dre | 09/02/2011 at 07:18 PM
THANK YOU
Posted by: iphone cases | 09/03/2011 at 12:44 AM
What setting works best, and what's the best alternative to sunlight?
Posted by: MBT dame Sandaler | 09/06/2011 at 07:05 PM
You cannot catch outdated birds with chaff.
Posted by: Adidas Shoes | 09/07/2011 at 06:50 PM
a program of the Asian Pacific Fund. The scholarship, founded in 2005, honors the values of Detroit restaurant owners Shui Kuen and Allen Chin through supporting the education aspirations of children of workers in the Asian thanx now i have the link which i was looking for my research. . . . . .
Posted by: sole f80 treadmill | 09/11/2011 at 06:27 AM
hank you so very much for taking the time to share…very useful, indeed!betgbsrw
Posted by: replica eyewear | 09/11/2011 at 06:47 AM
Man errs as long as he strives
J
Posted by: Herve Leger | 09/13/2011 at 11:57 PM
That may well be the reason that there are not as many highly publicized exits, which in turn do not draw the capital and nurturing eco system that is boosting the valley. The scholarship, founded in 2005, honors the values of Detroit restaurant owners Shui Kuen and Allen Chin through supporting the education aspirations of children of workers in the Asian/Pacific Islander food service industry in the U.S.
Posted by: bigj | 09/14/2011 at 06:24 PM
When run is for the most part a satisfaction , existence is joy !?! When run is duty , existence is slavery .(Maxim Gorky , Russian writer )
Posted by: Christian Louboutin | 09/16/2011 at 12:24 AM
One may overcome a thousand men in battle, but he who conquers himself is the greatest victor.(Nehru)
Posted by: Herve Leger Bandage | 09/16/2011 at 03:02 AM
Whilst profitable exits are definitely needed for a range of good reasons such as generating returns for investors and cash for recycling into other ventures etc, as "Cultureslurp" comments above, they are not the only thing. In fact I seem to remember you and other panellists saying that the entrepreneur should not start a conversation with a potential investor by talking about the exit; instead, he/she should talk about how big the opportunity is and how an enduring, scalable, big, profitable business is going to be created with the investment.
Posted by: Treadmill for sale | 09/18/2011 at 06:43 AM
thanks so very much for these suggestions! i will be back.
Posted by: latest tech news | 09/19/2011 at 03:11 PM
Actor Anil Kapoor has teamed up with CNN for Trapped By Tradition; A CNN Freedom Project Documentary, about human trafficking, and says education is the prime solution for the problem.
Posted by: best watches replica | 09/20/2011 at 12:35 AM
He sat down and cheap jordan shoes
began to rummage slowly and thoroughly through the drawers of his desk. It was a big one, so big the furniture men had had to bring it into the room in sections, and it had a lot of drawers. The desk was solely his domain; neither Amy nor Mrs G. had ever set a hand to it, and the drawers were full of ten years' worth of accumulated rick-rack. cheap jerseys
It had been four years since Mort had given up smoking, and if there were any cigarettes left in the house, this was where they would be. If he found some, he would smoke. just about now, he was crazy for a smoke. If he didn't find any, that was Vibram Five Fingers KSO
all right, too; going through his junk was soothing. Old letters which he'd put aside to answer and never had, what had once seemed so important now looking antique, even arcane; postcards he'd bought but never mailed; chunks of manuscript in varying stages of completion; half a bag of very elderly Doritos; envelopes; football jerseys
paper-clips; cancelled checks. He could sense layers here which were almost geological - layers of summer life frozen in place. And it was soothing. He finished one drawer and went on to the next, thinking all the while about John Shooter and how John Shooter's story - his story, goddammit! - had made cheap nfl jerseys
him feel.
Posted by: sfd | 09/21/2011 at 12:50 AM
www.fakeray-banssunglasses.com. Replica Ray Ban Aviator Discount Sunglasses,Ray Ban Caravan Sunglasses,Ray Ban Wayfarer Replica Sunglasses,Replica Ray Ban Cats Sunglasses,Ray Ban Clubmaster Sunglasses,Replica Ray Ban Rare Prints Sunglasses,Ray Ban Jackie Ohh Sunglasses,Replica Ray Ban Cockpit Sunglasses,Ray Ban Daddy-O Replica Sunglasses,Replica Ray Ban Polarized Sunglass,New Ray Ban Sunglasses , http://www.knockoff-raybans.com/
Posted by: fgergdrg | 09/21/2011 at 01:01 AM
for taking good pictures of nails? I know it has a lot to do with bad lighting in here but all I'm getting is blurry shots when i try to capture the designs
Posted by: Buy hyperdunk 2011 | 09/21/2011 at 08:49 PM
While it can be clunky Office 2010 at first, especially if you're used to an older version, I find it much easier to get serious Microsoft Office 2010 formatting and editing changes done in this version.
Posted by: Office 2010 | 09/21/2011 at 10:57 PM
in here but all I'm getting is blurry shots when i try to capture the designs i can goh
Posted by: Buy Adidas F50 | 09/23/2011 at 12:09 AM
Detroit restaurant owners Shui Kuen and Allen Chin through supporting the education aspirations of children of workers in the Asian/Pacific Islande
Posted by: rosetta stone | 09/25/2011 at 07:35 PM
Goog post, please do more. Thanks you
Posted by: jordan heels | 09/26/2011 at 02:21 AM
I think that this post is very good because has useful information.
Posted by: LouisVuitton | 09/26/2011 at 08:24 PM
Hey ,
I have created an e-learning portal www.talentbarometer.com . Currently this focuses on offering on line test series to students of class 9th, 10th , 11th and 12th. Dream is server CA Students, MBA students, Engineering Students and gradually to other students globally . And to make it more a Community Portal.
I am searching a team who can partner with me and do execution of this plan.A great revenue model is in place and has a very scalable business model.
People interested can reach me at kamal.rastogi@actiknow.com .
www.actiknow.com
Kamal Rastogi
Posted by: Kamal | 09/27/2011 at 01:58 AM
I want to congratulate the winner for the nomination race.I want to know suggestion from others.
Posted by: LED street light | 09/27/2011 at 02:10 AM
For career, dare not say what improvement. Because have been jobs, and although some of his about go hard, but not really is successful, recently came to a new company, is very hard, I went for business, and then give me the opportunity to learn, also let I good effort.
Posted by: supra vaider | 09/27/2011 at 12:53 PM
This post is awesome,ecpecting the newest!!!LIKE IT LIKE IT LIKE IT!!!
Posted by: muska supra | 09/27/2011 at 02:17 PM
Cons - There have been some complaints by people who claim that the shoe can be destroyed easily. This is seen after vigorous activity.
Posted by: red bottom sole | 09/27/2011 at 04:10 PM
If Enterprise is afoot, wealth accumulates whatever may be happening to Thrift; and if Enterprise is asleep, wealth decays, whatever Thrift may be doing.
Replica Rolex
Rolex Daytona
Replica Omega
Posted by: Rolex Daytona | 09/28/2011 at 11:02 PM
Achievement presents the only genuine delight in life
Posted by: donghanjin | 10/05/2011 at 07:02 PM
It is really luck for me to have the chance to see your website.
Posted by: Tiffany Deutschland | 10/06/2011 at 01:27 AM
lol,it is glad to read ur topic.thanks
Posted by: Ugg Boots Outlet | 10/06/2011 at 07:53 PM
perfect,i like ur site,thanks
Posted by: Cheap Ugg Boots | 10/07/2011 at 06:37 PM
wow,like ur article,thanks for ur sharing with us .
Posted by: Ugg Boots Sale | 10/07/2011 at 07:08 PM
HHH Yes, the design of national policy is important, how our economic development plans for the next five years, how the implementation, how to make our economy even faster. Are designed to advance our focus to invest money in what ways it should be carefully arranged.
Posted by: moncler jackets netherland | 10/12/2011 at 06:03 AM
See my free newsletter for natural remedies.
Posted by: Natural Remedies | 10/13/2011 at 02:53 PM
I enjoyed reading your post - nice to see you supporting your friend.
Check out my home remedies.
Posted by: Home Remedies | 10/13/2011 at 02:56 PM
I like the writing structure of your blog and it does a pretty decent job of presenting the material.
Posted by: moncler netherlands | 10/13/2011 at 07:29 PM
HHH Yes, the design of national policy is important, how our economic development plans for the next five years, how the implementation, how to make our economy even faster. Are designed to advance our focus to invest money in what ways it should be carefully arranged.
Posted by: Gianmarco Lorenzi Pumps | 10/14/2011 at 03:48 AM
let's join our hands together to stop this kind of wrong doings. It may risk lives in the future if we just let them continue.
Posted by: supra shoes | 10/14/2011 at 04:59 AM
Thanks for your share,thanks a lot.Good luck!
Posted by: UGG Kenly | 10/16/2011 at 11:13 PM
I read your blog on daily basis.This post is awesome in between all the posts.I wanna say heartiest thanks to you for this.
Posted by: Canada Goose Jakke | 10/17/2011 at 01:42 AM
I want all the stuff about Season 3 and I want no more loan comments! Now-se!
Posted by: moncler vest jackets | 10/18/2011 at 11:25 AM
All the blessings we enjoy are the fruits of labor, toil, and self-denial, and study.
Posted by: best replica watches | 10/18/2011 at 08:06 PM
I enjoyed reading your post - nice to see you supporting your friend.
Check out my home remedies.
Posted by: mercurialvaporstore | 10/21/2011 at 12:28 AM
It is so lucky to read your blog,it is full of useful message.I wish we both can do better in the future.
Posted by: ugg jimmy choo | 10/22/2011 at 02:01 AM
I know it has a lot to do with bad lighting in here but all I'm getting is blurry shots when i try to capture the designs I try.
Posted by: moncler down | 10/22/2011 at 07:00 AM
Good stuff as per usual, thanks. I do hope this kind of thing gets more exposure.
Posted by: die steel | 10/24/2011 at 12:30 AM
be sure that this will help me many thanks
Posted by: mercurialvaporstore | 10/24/2011 at 07:59 PM
Yeah~~~~~~~~~~`This has nothing to do with layers. You can either individually select or window select objects to be isolated or hidden. Good!!!!!!!!!!!!
Posted by: Fox Fur Ugg Boots | 10/25/2011 at 12:05 AM
Your blog is great. Your thoughts are also very good and i am very inspired from your post. That is why I visit this blog again and again and will come back in future too.
Posted by: die steel | 10/27/2011 at 07:14 PM
walking in the park with your boyfriend. For Friday night, you can wear
Posted by: Uggs Boots Sale | 11/01/2011 at 12:51 AM
The main face of the cards is young and trendy women. As long as you like the bag, as long as you worship trends.
Posted by: Marc by Marc Jacobs Handbag | 11/01/2011 at 08:40 PM
Great observation, you are quite right. I can attest to everything you have written here as one living in Ireland, and an IT Enterprenure as well. The major concern here is that the individual EU State government don't even have clues to resolving all that you have enumerated above.
Posted by: Victor Adejola | 11/04/2011 at 09:16 PM
Sorry,i don't know how to receive my response, why?
http://www.christianlouboutinshoes-store.com/
Posted by: Christian Louboutin | 11/05/2011 at 07:57 PM
It is very good ,what do you think !
Posted by: nfl jerseys | 11/09/2011 at 02:04 AM
He is a good friend that speaks well of us behind our backs.
Posted by: moncler shop | 11/12/2011 at 07:41 PM
I like the writing structure of your blog and it does a pretty decent job of presenting the material.
Posted by: moncler down jackets | 11/13/2011 at 12:58 AM
DRZYCVRXOB discounted ugg boots QJJJNJPJOP http://bostonbruinsjersey.blox.pl/2011/12/uggs-cheap.html TMJXKCLGMB ugg outlet store XGCDIYFDMG http://www.frnzchat.com/meet@frnzchat/blogs/entry/uggs-outlet-online-76bb
Posted by: BenoantagoCat | 12/23/2011 at 12:18 AM