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Sunday, 8 November 2009

Despite Slump, Venture Firm Sets Up $575 Million Fund - NYTimes.com

Despite Slump, Venture Firm Sets Up $575 Million Fund - NYTimes.com

Brilliant stuff.

we need more people like Reid in Europe.. in some ways, we are seeing that with Brent Hoberman & Michael Birch's ProFounders.. but sadly these are exception to the rules..

We need desperately more 'Scaled friendly competitions'.. between big boys.. not just talk and talk.. or entertainment (mostly) like dragon's den.

We need grass root work, rather than the exceptions.. future of the multi-country, multi-language, multi-cultural challenges across Europe would also means it could pose great opportunity!

Just hope that those people that exited their multi-millions or tens of/hundreds of million companies can join forces and do something great and re-invest..

fingers crossed.


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