Salient to Investors:
The European Private Equity & Venture Capital Assn said European venture firms raised 50 percent more venture capital than in 2010.
Lars Hinrichs at HackFwd said there are more angel investors than startups in London and Berlin – we have too much money in seed and late-stage investing.”
Carlos Eduardo Espinal at Seedcamp said eastern European entrepreneurs come from a legacy of highly technical academic institutions and the quality of engineering talent is extremely high.
Goldman Sachs said Turkey will grow by 5.5 percent in 2013.
Giuseppe Zocco at Index Ventures said bargains will disappear as venture firms fan out to discover obscure companies – there aren’t a lot of secrets.
Jason Mitura, CEO of Viewdle when Google bought it, said it would be very difficult in the US to find the caliber of talent in Kiev, at any price point.