Archive for October 2012
A recent press release from Startup Bootcamp bears the attention-grabbing headline “Bankers Holding Back Europe’s Tech Entrepreneurs“. It echoes sentiments expressed at the Digital Sizzle 4 town hall event back in May, where members of the audience complained that banks weren’t lending money to startups.
The problem is, it’s not true. Banks don’t make investments in startups, venture capitalists do.