[…] The potential of Silesia lies in people. The pure statistics shows that Silesian agglomeration, the second most populated region in Poland after Warsaw, generates a high number of innovative projects. And this should attract investors from Poland and around the world. Therefore, focusing on the development of startups is key for the region’s success. Let us remember that the most important criterion for VC funds investing at an early stage, particularly during the pre-seed and seed rounds, is the team. It is worth emphasizing the biggest challenges faced by VC funds. In particular, this is about the very local mindset of Polish founders. Instead of going out with sales in the world, they focus on very specific problems for the local market and developing sales in the Polish market only. […]