Venture Capital

Hunting for the unicorn

Joan Bonet Majó (Banca March) | In recent years, the unicorns have not ceased to multiply. Their growth is so strong that it could be said that they are reproducing like rabbits. According to CB Insights, currently there are 403 unicorns with a joint value of 1.3 trillion dollars, similar to the GDP of countries like Spain.

“There Are Lots Of Amateurs In Spain Using Public Money For Venture Capital”

Luis Martín Cabiedes started investing in technology ‘startups’ in 1998,first as a ‘business angel’ and then via his own venture capital firm (Cabiedes & Partners SCR). He has invested in over 80 companies, including Ole, Myalert, Privalia and Trovit. He points that there are venture capital funds in Spain with 90% of public money.”

Venture capital

Alternative sources of financing: venture capital

Venture capital market is still relatively undeveloped in Spain, experts from La Caixa research argue. This kind of investment in Spanish firms totalled 280 million euros (0.03% of GDP) in 2014, clearly below the volumes of the US (0.17% of GDP).

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Spain’s BBVA to invest $100 million in banking innovation

BBVA announced the formation of BBVA Ventures, a strategic initiative that will invest $100 million in startups looking to transform the financial services industry. Through this effort, BBVA will work with entrepreneurs and venture capital investors to broaden the bank’s understanding of emerging trends, helping advance innovative initiatives in banking and finance.

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Lack of appetite for risk

By Luis Arroyo, in Madrid | Please, bear with me. First, I took a graph from the Noah Smith’s blog, in which everyone can see…