More than 200 new VCs were created in Europe in the past years, I heard at the Latitude59 conference in Tallinn (Estonia) this year. Waw. That should give a great boost to the EU start-up and scale-up community.
Of course, I would love to see one of my ideas turned into a venture, with the support of one (or more) of those VCs. My biggest question however is: which of those 200 VCs’ ambitions are in line with my vision, and search for purpose? Are they going to support the impact I would like to create on the planet? Or are they only in for a huge exit?
If they are not in for the impact, how would it ever be possible to explain the DNA, culture, drive, and passion of the projects that I am about to create … and make them love and support me all along the road to impact — including the difficult times that are part of any venture?