https://techcrunch.com/2022/07/05/frederic-court-of-london-based-felix-capital-on-working-with-and-fending-off-american-vcs/

Last month, at the same time that the London-based venture firm Felix Capital was announcing that it has closed its fourth and newest fund with $600 million in capital commitments, we had a separate chat with Felix’s founder, Frederic Court, about how competition in Europe has changed, given that so many U.S. venture firms have opened offices on the continent, including Sequoia Capital, Lightspeed Venture Partners, Bessemer Venture Partners and General Catalyst.

Unsurprisingly, Court said the expanded array of options is great for founders. He also told us that most European investors would prefer to stick with European firms or to start their own shops where they can have more influence. We thought it was an interesting part of a longer discussion; the excerpts below have been edited for length.