Opinion

January 13, 2021

Beware EU money in startups

The European Innovation Council plans to invest €3bn in startups — but is that wise?


Nicolas Colin

5 min read

Credit: Kai Pilger

Last week the European tech world was abuzz with the news that the EU Commission has decided to become a direct investor in European startups —  and help them compete with their American and Chinese counterparts.

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Nicolas Colin

Nicolas Colin is cofounder of VC firm The Family. He writes a regular column for Sifted

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