Europes Real VCs
Venture Capital is an industry with some large players, making record breaking deals and gaining huge notoriety, with over $11bn Invested in UK Tech so far in 2019, up nearly 50% year on year, the question is …
where is the money coming from?
PRIVATE WEALTH, YOUNG PRIVATE WEALTH.
Nearly 20% of all European start-up investment is coming from Private Wealth. In 2018, $5bn of the $28bn invested was from Private Wealth, tripling the amount of private wealth going into venture capital over the past five years.
Private wealth has become the main source of funding for European VCs as young, rich entrepreneurs ditch traditional assets for venture capital, according to research.
Ninety-two percent of ultra-high-net-worth individuals surveyed by Talis Capital said that they now invest in VCs compared with nearly half who didn’t go anywhere near venture capital a decade ago.
There has been a five-fold increase in popularity in investing more than 20 per cent of their money in venture capital, and 83 per cent of respondents plan to either maintain or increase the amount of money going into venture capital over the next five years.
Tech investing will only become more popular with the world’s wealthiest, especially as the younger generation are persuading their previous generations that this is where they should be investing.
Wealth is Changing, the Wealthy are changing, and their institutions must change with them, this is exactly why I set up 220 Bank, the Digital Private Bank,.
Stay tuned…
HENRY RICHARD FUDGE
Founder 220
