![]() VCs are willing to pay big premiums, Kanji added. When the right candidate does come along in Europe, U.S. VC firms, according to Alex Lim, who left San Francisco VC firm IVP this summer to join London-based Blossom Capital as a managing partner. Lixandru and Murphy are the only two notable hires in Europe by U.S. Murphy led Northzone's investment in virtual event start-up Hopin, which was most recently valued at $7.75 billion despite being less than 2 years old. funds are realizing."Įlsewhere, Menlo Park-headquartered Lightspeed hired Paul Murphy from early stage VC firm Northzone to lead its European outpost in London. ![]() "It's not easy to find that talent in Europe," she added. "I think Sequoia did an incredible job of hiring Luciana," Blossom Capital co-founder Ophelia Brown told CNBC, adding that there aren't many VCs in Europe with a "growth-oriented mindset." Accel, which has an office in Palo Alto, California, has backed several companies in Sequoia's portfolio including Dropbox and Qualtrics. Last March, Menlo Park, California-headquartered Sequoia hired Luciana Lixandru from Accel to be its first partner in Europe. Elsewhere, hedge funds like Tiger Global and Coatue are also expanding in London. VCs are also competing with the likes of SoftBank, which has its Vision Fund headquartered in London. "I don't know whether it's going to be difficult or not but I think recruiting in general is always one of the most difficult things a company can do." "We will likely add one to two additional investors in the next 6 – 12 months," Alex Ferrara, a partner at Bessemer Venture Partners in London, told CNBC. General Catalyst wasn't immediately available for comment when contacted by CNBC, while Sequoia and Lightspeed declined to comment. VCs tended to focus on growth whereas European VCs were more likely to prioritize reducing or removing risk. "There are few trained general partners in Europe," he said. VC firms are finding it "super, super hard" to hire the right people in Europe, adding that there have only been a handful of notable appointments. venture capital firm Hoxton Ventures, told CNBC that the big U.S. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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