AI Defensibility & Capital Efficiency — Partech's Simone Riva

Simone Riva of Partech connects European venture-capital efficiency to regional startup maturity, sovereign-capital effects, IPO-market limits, founder capital discipline, and AI defensibility — and why funding outcomes hinge on market size, labour strategy, exit realism, and whether AI businesses hold durable advantages beyond LLM access. Full article, links, and sources: Read the full episode…