Technological resources and innovation
(9/15/2004)


The liquidity of the European capital markets and financing start-ups

  • Herman DAEMS
    President, European Venture Capitalists' Association (EVCA)

Summary

Professionals in the financial business are sometimes accused of following fashion. They create financial bubbles which then disappearing, causing numerous recently established companies to encounter financial difficulties which the business model could not have anticipated. The president of the association which brings together the majority of these European professionals, outlines the current situation concerning investments in progress and in stock, and describes the impact of the bubble and and the results of its explosion on the financial industry and its practices.

Summary translated from French by Rachel MARLIN.

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