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Hannah Chelkowski

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@hchelkowski

Brit in the bay. Founding & investing @blank_vc
San Francisco, CA Joined February 2011
1.3K Following 799 Followers 427 Posts

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Hannah Chelkowski Verified account @hchelkowski
This is a European problem.
1. No real pay it forward culture
2. Large enterprises are slow to adopt new technology & reluctant to work with startups
3. Too much family capital defaults to “real estate because we always have”
4. Cultural fear of failure - “who am I to try this”

It’s changing slowly but there’s a long way to go.
Open Source Intel Verified account @Osint613 Sep 26
Peter Thiel on Germany:

In the U.S., nine out of 12 of the youngest wealthy people made their own money. In Germany, all 20 inherited it. Not a single person built a large new scalable company.
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Hannah Chelkowski Verified account @hchelkowski
Sic transit gloria mundi
Mark Kleinman @MarkKleinmanSky Sep 26
EXCLUSIVE: Monzo, the digital lender which has become one of Britain's biggest consumer banks, is in talks about a sale to Brazil's Nu Holdings which could value it at between £8bn and £10bn, ending the prospect of a near-term IPO of a UK fintech champion. news.sky.com/story/digital-…
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