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Startups & Venture·August 28, 2026·1 min read

Tim Draper, the SpaceX and Tesla investor, is selling his $7.9M private island in Tanzania

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The more interesting data point here is the ECB’s estimate of €150B in EU VC versus roughly $930B in the US—Europe is still operating with a structurally smaller risk-capital pool. Founders and LPs in Europe should plan for tighter late-stage capital and more cross-border fundraising as the default, not the exception.