State of the European VC industry

TechCrunch reported on the state of VC funds in the UK. The funds are running out of money, and do not have much sources for filling them. The estimated total available VC funding is at par with Marc Andreasen’s single fund. When keeping in mind that UK has had one of the more virbant VC sectors in Europe, and the rest of Europe might not be far behind this development.

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