Those European startup issues when trying to raise money in the Valley

STARTUPS: Beware the bright lights of Silicon Valley, awash with cash (apparently) and ready to fund anything that has even the merest hint of getting coverage in the tech media. Apparently, again. So what happens to those European startups looking west to get money and traction? READ MORE on TheNextWeb.

Here’s a hard cold truth for European startups: your chances of raising money from US investors are extremely low. It’s almost impossible.

But it’s not all doom and gloom, of course. There is a lot of money in Europe, and if you’re willing to learn from a trip to the US, it might actually be easier to raise money back home than in the almighty Valley.

Coming to San Francisco to network, meet interesting people, get advice on your company is a great learning opportunity and the cost is well worth it.

But don’t expect to go back with a check. Here's why.

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NB:Silicon Valley licence plate image via Shutterstock.