A number of common complaints often surface when investors discuss the European venture capital (VC) industry: limited geographic scope, a lack of transparency and less-than-competitive returns. While some of these criticisms have merit, the reality surrounding European VC is much more complex and nuanced. This expert analysis by Boston Consulting Group professional Michael Brigl and professor Heinrich Liechtenstein concludes that, while the sector could use some improvement, it is healthier than many people think. getAbstract recommends this astute overview to investors, entrepreneurs and VC partners.
About the Authors
Michael Brigl is a partner and managing director with the Boston Consulting Group. Heinrich Liechtenstein is a professor at the IESE Business School at the University of Navarra.
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