Like most startup ecosystems outside of Silicon Valley, Europe could use more venture capital. But it goes beyond simply a lack of cash. Europe is short of investors willing to forgo near-term revenue and profitability in favor of long-term, massive growth. Hussein Kanji, one of two American founders behind London-based Hoxton Ventures, calls it unicorn hunting, and hopes his firm’s newly announced $40 million early stage fund will herald a change in investment attitude.