" I can assure you they could easily find VCs there "
It's not a question of 'easy or hard' it's a question of 'easier or harder'.
Being in Czech definitely makes it harder, hands down. Thankfully, they are in the EU, but it's still a completely different land that many VC's might not be remotely willing to touch. Consider that very few can even read the laws.
Czech startups would be limiting themselves to German and possibly Russian money in general, and it'd be harder to raise in the US.
JB is a great company that might be able to 'easily' raise money, but even then there could be 'red lines' for many firms that just make investing there impossible. For example, a firm may require they re-incorporate in London or Luxembourg or something, where there are far better established commercial laws.
It's not a question of 'easy or hard' it's a question of 'easier or harder'.
Being in Czech definitely makes it harder, hands down. Thankfully, they are in the EU, but it's still a completely different land that many VC's might not be remotely willing to touch. Consider that very few can even read the laws.
Czech startups would be limiting themselves to German and possibly Russian money in general, and it'd be harder to raise in the US.
JB is a great company that might be able to 'easily' raise money, but even then there could be 'red lines' for many firms that just make investing there impossible. For example, a firm may require they re-incorporate in London or Luxembourg or something, where there are far better established commercial laws.