What cleantech startups and VCs in Europe and USA can learn from each other
Ecosummit TV: Europeans don’t think big enough. Michael Linse (KPCB), Pascal Mauberger (McPhy Energy), Oliver Stahl (Entelios) and Bart Markus (Wellington) discuss the differences between the cleantech startup and VC business in USA and Europe. There are many things we can learn from each other. On average, US cleantech startups get 4 times more capital than European ones. This has to do with the different environment in terms of market size, capital availability and competition.
In the US, the key ideas are thinking bigger and acting faster as a consequence of overly optimistic and ambitious entrepreneurs and investors coming together. If you can make it there, you can make it anywhere. At the same time, Entelios and McPhy Energy prove that it is possible to raise capital in Europe provided that you have a strong business model, superior team and powerful technology. Some VCs like Bart already play the game in Europe the American way. Check his business card.
Tags: Bart Markus, Cleantech, Cleantech Startup, Cleantech VC, ECO12, ECO12 Berlin, Ecosummit 2012, Ecosummit TV, Entelios, Europe, Jan Michael Hess, KPCB, Michael Linse, MyPhy Energy, Oliver Stahl, Panel, Pascal Mauberger, startup, USA, VC, Wellington Partners