Yeah you can pretty much forget about wealthy Europeans doing anything at the speed of any business cycle. They are scared oldest sons managing a family office who have no idea what they are doing aside from breathing and making a baby in wedlock.

These people will put down $1 million dollar deposit to make it seem like they are serious about completing a deal, and will just let the timeline expire forfeiting the entire deposit!

Forget about the negative interest rates. Unless you can tap into the high yield corporate debt market, then dealing with these rich people is hopeless.

Source: Been around a lot of wealthy Europeans that talked a big game. It is the most ridiculous stable business climate on Earth. I do not recommend, especially for tech.

I had a couple of discussions concerning that topic lately. And the main driver behind a lit of investments seems to be the low, or in some cases even negative, interest rates. So everyone with enough money in the bank is looking for investment opportunities raking in more than 1% of returns. Which kind of lowers the bar for investment on general, also startups loom a lot less risky than they used to.

I completely agree with that. The article refers to a trickle so far of interest. It was non-existent over a decade ago. If they get good returns that is and brag about it, then it might be a “flood”.

California beach real estate is about as safe as it gets.