Analysis

February 19, 2020

Europeans are obsessed with profits

Beyond mega fundraising rounds and valuations, there’s an increasing number of European entrepreneurs putting profitability first to grow global champions.


Famoco's Lionel Baraban

It’s never been easier for startups to raise venture capital money. Last year a record $34bn was raised by European companies, a full $10bn more than the year before. Globally it was nearly $300bn.

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