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AI Defensibility & Capital Efficiency — Partech's Simone Riva
Simone Riva of Partech connects European venture-capital efficiency to regional startup maturity, sovereign-capital effects, IPO-market limits, founder capital discipline, and AI defensibility — and why funding outcomes hinge on market size, labour strategy, exit realism, and whether AI businesses hold durable advantages beyond LLM access.
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Why this matters for deep tech: Deep-tech companies are Europe's most capital-hungry startups, so capital efficiency and durable, defensible advantage decide which hard-tech bets…
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