How growth can help Europe’s companies face the coming economic crisis – McKinsey & Company

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“Another obstacle to innovation-led growth is the relative shortage of venture capital in Europe (Exhibit 2). From 2017 to 2019, for example, there were roughly twice as many venture capitalists in the United States as there were in Europe. In the same time, total venture capital in Europe increased from $18 billion to $36 billion,9 compared with $86 billion increasing to $132 billion in the United States, keeping a significant gap.10 When it comes to later stages of financing, the gap is even more dramatic.” Weiterlesen

 

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