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Why Were Athletes a Red Flag on Cap Tables? - Arthur Bernard (Athletico VC)
Athletes writing cheques into European startups was once considered a red flag by VCs. Today, it's a legitimate asset class—but only if founders and investors understand what's actually on offer beyond the Instagram following.Arthur Bernard launched Athletico Venture to bridge Europe's top athletes with the tech ecosystem, following a model that had already matured in the US two decades earlier. The conversation unpacks why Europe lagged behind, how deal-by-deal syndicates evolved into a disciplined fund structure, and why Bernard spends as much time assessing the lead investor's rationale as…
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