Last Friday was an interesting day to talk to Pedro Barros, a Partner at multi-billion euros VC firm Target Global who's in charge of fundraising and investor relations at the investment company, as the SVB saga started unfolding.
So of course the first questions were about Silicon Valley Bank, but it quickly turned to how the past 3.5 years after Pedro joined Target Global have been for the man, given that there wasn't a dull moment in European tech and VC in recent history.
Target Global is focused on Europe and Israel, and has made investments in the likes of Delivery Hero, Grover, WeFox, Revolut, Cazoo, Auto1, Omio, and plenty more.
Pedro discussed the current trends in the European tech innovation and investment space, given the downturn and market volatility that's defined it in the past 15 months or so, and what the sentiment is like in LP and fund manager circles these days.
We also talked about interesting sectors and geographies that are on Target's, well, target list, and how long it will be before things get back to 'normal' (whatever that means).
You can also watch the interview directly on YouTube.