Here's some fuel for all the Europoor haters:
Germany just told us we'd have to fire one of our 3 founders to qualify for funding.
I was in talks with a German state-backed fund of fund managing billions, with one single mandate: invest in German funds to drive innovation and economic growth in the country.
They literally told me they like us a lot and are also impressed by our track record and performance so far, and even though not everyone in their team is a fan of our thesis, they believe in it.
But they passed for a whole different reason:
Because our all-male team of 3 people isn't "diverse enough" lol.
they literally told me: hire two more female partners (impossible on the economics of a fund our size), or let one of the three of us go to make room for a quota hire. do that, and they'd strongly consider investing.
I won't even get into how discriminatory this is toward men in the first place. nobody takes that seriously anyway, and honestly I don't care.
but what actually gets me is something bigger: as a German, I have to face the fact that the whole world continuing to laugh at Germany and overall Europe is completely justified.
a system that quietly kills the smallest, hungriest teams, the exact ones this money was created to support. and then everyone acts surprised that talent and capital keep leaving the country.