venture capital funds is possible, but it is taking about twice as long
as before the recession struck, according to Simon Cook . Chief
Executive of venture capital firm 100 DFJ Esprit. which has invested in
some of Europe· most successful technology start-ups. In the past. both Feed Burncr, the web-feed manage
ment system. and Skype, the Internet 1ostelephony service, have received
backing from Cook's firm. 'Fundraising is taking longer and is slower, but funds are being raised,' he says.