No reason to run to the Middle East.
I do feel that many European startups take a much leaner approach in building a company base with reliable traction first. As there traditionally has been less money to be distributed, the European early-stage companies are often much smaller and need to work frugally. Given the reset in VC funding and the SVP shock in the United States – many smaller venture capital companies and their early-stage investments will be “flushed out”.. and disappear. In my opinion, this is a “natural” correction.
Below is a book that was very popular 10+ years ago and if you’re not familiar with these principles you should buy the book for your team, and practice practice practice !! No reason to run to the Middle East.
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