The term “patient capital” has been bouncing around with increasing frequency in the past couple of years – most recently with the flotation of venture capital firm Draper Esprit last month – but what is it and why has it gained such traction in the UK?
Patient capital means different things to different people, but in this article it refers to evergreen or open-ended funds that do not have a fixed investment period and focus on early-stage high-tech ideas emerging…
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