Archive for November, 2007

Venture Capital and Europe

November 2, 2007

If anyone had doubts about my views on venture capital in Europe, newspaper Le Temps published a nice article entitled “Le capital-risque europĂ©en profitera d’un effet de raretĂ©”. The article claims that there are only 12 major VC funds in Europe following the Internet bubble. The next table also confirms the IRRs have not been brilliant.

Private Equity Returns over 10 years