#XrisLogbook 40 - Geneva's Golden Cage 🇨🇭

👍🏼 Family Offices in Switzerlan anticipate a robust 35% Internal Rate of Return (IRR) from their Venture Capital investments. This lofty expectation reflects the significant potential for growth and innovation in the tech sector. In contrast, while Private Debt offers a more stable and less volatile investment avenue, the expected IRR is significantly lower, hovering around 15%.  

👎🏼 Shelling out 100 CHF for a pair of basic pad thai and two Perriers in Geneva is a stark reminder of the city's exorbitant cost of living. It's a price tag that raises eyebrows, even for those accustomed to the high standards and luxurious amenities of this global hub. 

✍🏻 Interest rates across Europe are a mixed bag, reflecting the diverse economic landscapes of different nations. While the European Central Bank has maintained a steady rate of around 4.5%, other countries have taken divergent paths. Turkey, grappling with high inflation, has aggressively raised its interest rate to a staggering 30%. In contrast, Switzerland, known for its economic stability, has opted for a more conservative approach, keeping its rate at a modest 1.75%.  

🌟 Matilda Musical on West End

📸 > hashtag#Geneva
👍🏼 > hashtag#FamilyOffices bullish on our VC funds
👎🏼 > Cost of living in hashtag#Switzerland
✍🏼 > hashtag#Interestrates in Europe Turkey vs Switzerland
 
🤙🏼 Special thanks this week to Cosima Hervé Jean-Marc Dimitri Carlota Alexandros Nicolas Alex Stephane


hashtag#tech hashtag#technology hashtag#innovation hashtag#deeptech hashtag#science hashtag#research