A fundamental problem

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Thilo Rockmann, COO of database migration start-up LᶻLabs, said that his firm was lucky enough to get picked up by a single private investor from the outset, which has since pumped an eight-figure sum into the company. Rockmann argued that a lack of money in Europe was not the problem, with Europe’s start-up funding crisis stemming from an unwillingness from VCs to take risks.

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