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For Europe to emulate Silicon Valley’s tech success, it should change its startup funding model

by admin
April 30, 2024
in Tech
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<span class="caption">More zoom, less doom?</span> <span class="attribution"><a class="link " href="https://www.shutterstock.com/image-photo/investors-invest-startup-fundraising-search-attraction-2278632331" rel="nofollow noopener" target="_blank" data-ylk="slk:Andrii Yalanskyi;elm:context_link;itc:0;sec:content-canvas">Andrii Yalanskyi</a></span>

Tech startups will be enthused by the news that Silicon Valley venture capital (VC) veteran General Catalyst is on the verge of raising US$6 billion (£4.8 billion) for backing new companies. It comes hot on the heels of an announcement from Andreessen Horowitz, another major VC, of a new US$7.2 billion investment fund. These are among the largest fundraisings in years, coming at a time when the VC sector has been going through a lull, with…



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