Atlantis wrote:Since the US dominates the world's finances, it is obvious that the world's money will be drawn into the US. It is a function of US imperialism. For example, a European investor investing in a European company may do so via the NY Stock Exchange. For Europe to be able to compete on an equal footing, the Euro has to become an international currency on a par with the dollar.
I guess the following is related to this thread.
New policies to help startups flooding in across Europe
Silly. Exchanging currency is trivial. European exchanges have higher trading fees and getting data from them is expensive, I guess because they lack scale and competition and are less efficient.
But that is hardly relevant for venture capital. If I had to make a guess it's risk-aversion and market fragmentation that makes it difficult for startups to grow big fast in Europe.