Is
it easier for a European company to raise venture capitalist (VC) money
in the U.S. than it is in Europe?
Back
Probably
not.
Even though funding is generally higher, competition is tougher in the
U.S. VCs do not want to manage too many deals; they focus on those that
can become leaders quickly. They have a few requirements you have to know
before spending your time looking for U.S. VCs:
- They
will ask you to set up the headquarters of your company in the U.S.
Your development team may stay in Europe, but management will have to
move.
- If
you do not have a successful track record of doing business and running
an internet or software company in the U.S., they will hire a CEO to
run the company for you.
- You should already have U.S. customers or strong testimonials from U.S. companies they can talk to. Finally, expect hands-on management and a lot of pressure.
.
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