Friday Letter: Reasons to be cheerful

<p>At long last Europe has a venture capital industry worth the name. PEO attended EVCA’s 2006 Venture Capital Forum this week in Barcelona and found delegates walking tall having finally cleared the wreckage of the dotcom years. It is truly remarkable the effect a few home-runs can have on a venture executive’s confidence, let alone his portfolio’s performance.</p> <p> </p>

Commentary