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Laffont Says Founders Should Head to the US, Not Europe
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Coatue Management Founder Philippe Laffont says the reason why many of the world's biggest and most influential technology companies were founded in America is because potential backers are more willing to invest and understand the risk. In an interview with David Rubenstein for an episode of "Bloomberg Wealth," Laffont says it's much harder to raise money in Europe. This interview was recorded June 25 in New York at the Bloomberg Invest Summit.
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