Comment by whiplash451

1. It matters.

2. Did ASML invest in Mistral in their first round of venture funding or was it US VCs all along that took that early risk and backed them from the very start?

Risk aversion is in the DNA and in almost every plot of land in Europe such that US VCs saw something in Mistral before even the european giants like ASML did.

ASML would have passed on Mistral from the start and Mistral would have instead begged to the EU for a grant.

1. Big problem

2. ASML was propped up by ASM and Philips, stepping in as "VCs"