Does (EIC) public money always lead to a messy CAP table?
Get in quick and invoke Betteridges Law with that title! Sifted has an interesting article on the decision by the European Investment Committee (EIC) to put €4 billon into startups. This causes consternation, like panicked hens, in the “traditional” investment community because of fears it will lead to, as Benedict Evans put it, “a fucked…