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by charlesdm
4002 days ago
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Customers matter more than investors. Some people forget business is about creating things that create value for customers, and not about trying to raise capital from investors. 1. There is a ton of capital in Europe. It's just harder to access for the average 20 year old, and investors tend to be a bit more conservative. It's all about building relationships and about your network. Europe has many family offices that invest directly into the top US venture funds (i.e. Sequoia) 2. If you're doing something in FinTech, go to London or NYC. If you're doing something in fashion, London/Paris/NYC/Milan. Oil & Gas? The UAE, Texas, etc. Anyway, you get the point. Go where the customer is. Flipping an app however, is harder. Maybe that's not such a bad thing. |
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