The worst period is over for the European market following the burst of Internet bubble when investors had many sleepless nights for years, seems to be over. Undoubtedly, Europe’s ‘New Economy’ as it was called, soon disappeared after the Net bubble. Now it seems that venture capitalists and entrepreneur who sustained the five-year affliction are now back and much eager to create new companies and to trigger Europe’s start up culture.



Interestingly, the investors who turned away from European venture capital funds until recently, while choosing private equity and buyout funds are stacking cash back on the table.



According to a report, in the year 2005, European venture capital funds raised $16.1 billion, which is up by 44 percent of the year 2004.



Via Businessweek