Atlas Venture Shrinks Back To Boston
Atlas says its fundamental international early stage investment strategy “will not change” nor will its plans to “add new European investments” to its international portfolio. However, being based in Boston – with the normally European-based partner Fred Destin moving there as well – still deals a blow to the European startup eco-system and potentially calls into question Atlas’ position in the longer term. It is however, a boost for the U.S. East Coast system.