“Valuations have risen, diligence has fallen, and excess is in excess…dry powder is most valuable when liquidity, currently a flood, sloshing and abundant turns a drought”.
VC Funding Per Capita By European Country:
🥇 🇪🇪 Estonia (€1967)
🥈 🇸🇪 Sweden (€1769)
🥉 🇨🇭 Switzerland (€1414)
Part of a good report by @dealroomco on Central and Eastern European startups.
https://t.co/eBpdFBpnKi
“the [VC] market would split into ‘bulge bracket’ VCs and specialized, smaller, early-stage firms and the middle ground would be gutted.” Barbell. 🏋️
https://t.co/Fi8NfGcnhg
"Interest rates from venture banks typically range from 4%-5% with upfront fees up to 0.5% and warrants or success fees (both payable at M&A or IPO) of 1%-2%. Private venture debt funds, lessors, and asset-based lenders may charge 2x to 3x that amount." https://t.co/PEIGvddQ64