Yes. I actually also interviewed once for a job there.
Not the sharpest minds. More bureaucratic than entrepreneurial. At the time, none of the C-suite had ever run their own company. Zero international experience. Complete mediocrity.
They can't be as bad as KfW, right?
Probably the same level, but I have no experience with KfW. But I could ask a buddy.
This deserves an article of its own, to be honest, I don't think people are aware of the incompetencies at this level. I am betting it's the same across EU.
Maybe the problem is that they seem to invest based on red flags, not opportunities. So everything needs be kind of exactly the same, because every property of the startup that’s an outlier is bad.