European VC Needs Revolution, Not Evolution

This is a guest post by Fred Destin, a Partner at Atlas Venture based out of Boston. Previously Destin was, for years, an active VC in Europe, working on DailyMotion, Seatwave, Zoopla and a number of other high profile European startup investments.

Nick Halstead at Datasift seems to have ticked people off the wrong way with a candid assessment of his experience fundraising in Europe. He might might not return emails but he’s also raised money from one of the smartest dudes around (Roger Ehrenberg and his Big Data Band) so if you allow me I’ll pay some attention to his opinion, and in fact expand on it.