Joanna Diane Caytas J.D. Candidate, Columbia Law School, 2017 Modern venture capital, at first invested by way of private equity, is a Swedish-American creation that started around WWI by ultra-high net worth families such as the Wallenbergs, Whitneys, Rockefellers, and Warburgs. Europe has always lagged significantly behind countries such as the United States[1] and Israel[2] with regards to transparent public markets. It has also never mustered commercial funding sources and government as well as legislative support for large-scale innovation finance, not to mention developed a comparable size and quality of market for risk capital. A recent EU initiative aims to […]