We often witness governments intervene as “lenders of last resort” to correct market disparities by bailing out companies deemed “too big to fail”… like during the 2008 Financial Crisis. But what if a different scenario is possible? What would happen if governments intervene sooner?
Startup and technology specialist, Sara Daniel, shares with us a different set-up where government agencies in Europe act as “lenders of first resort” to early-stage innovative technology companies. By supporting businesses early on, government investors have helped promote responsible behaviour within the new generation of technology companies emerging out of Europe.
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