Global Themes

On Globalization & Venture Capital

Entrepreneurship, Europe and anti-smoking laws…

Came across Dave Hornik’s post on Entrepreneurship in Europe this morning – and Fred Destin’s rebuttal

I am more on Fred’s side in this debate. Although European entrepreneurship does need a lot of support to realise its full potential, the industry is barely a decade old and a comparison with Silicon Valley, even in the best of times, is unfair and possibly off the mark. 

In his critique, Dave seems to have overlooked a thriving angel community in Cambridge, UK and a very substantive eco-system that is being built up – particularly in London, where several of the names that he has mentioned in his post are present in strength. 

That said, the ecosystem is not as robust as the Valley – but then Europe has not gone through the multiple cycles yet and the industry is still maturing. 

What does this mean for entrepreneurs in Europe? 

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August 3rd, 2006 Posted by Shantanu | Entrepreneurship, Venture Capital in Europe | 4 comments