Modern psychology has demonstrated that even the smartest people have biases – prejudices that are very difficult to detect in oneself, making them very difficult to remedy. That is why conventional wisdom and faulty assumptions can sometimes interfere with rigorous analysis in even the most professional organisations.
Could this be the case with European venture capital returns?
The following edition of the Frontline provides a fascinating insight into the relative performance of US and European venture capital when allowing for foreign exchange and sample biases – with some counter-intuitive conclusions.
An open mind is a prerequisite to seeking the truth, but it also helps to have a flexible and rich data set. That’s something eFront Pevara can demonstrably provide.
If you want to automatically receive this newsletter by email please click here to register or send us all your comments.