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This just scratches the surface of what could really be. Spain still is in general a hostile country for entrepreneurs with an anti-innovation government famous
by joeyspn 11y ago
This just scratches the surface of what could really be. Spain still is in general a hostile country for entrepreneurs with an anti-innovation government famous for awful decisions like:
- Regulating heavily crowdfunding rendering it unusable
- Eliminating stock options' fiscal incentives [0]
- Taxing the sun in order to protect energy lobbies from solar energy. [1]
- Trying to get a cut from Google News because they're worth it, pass a law for it, and then trying to retract in only few weeks once they saw the page views metrics go south...
etc..
Hopefully things will get better once the current ruling party leaves the government in the upcoming December elections. Hopefully...
[0] http://novobrief.com/stock-options-in-spain-startups/ http://novobrief.com/stock-options-in-spain-startups/
[1] http://www.forbes.com/sites/kellyphillipserb/2013/08/19/out-of-ideas-and-in-debt-spain-sets-sights-on-taxing-the-sun/ http://www.forbes.com/sites/kellyphillipserb/2013/08/19/out-...
- scalesolved 11y agoAlso I think the autonomo fee is pretty crippling to entrepreneurs starting out, essentially you have to pay around 250 euros every month regardless of your income if you want to be freelance. It is so short sighted and means many people from different fields choose to conduct their business on the black market.
- josu 11y agoAnd let's not forget that one of the biggest (post dot com bubble) Spanish statups, Gowex, which was valued at 1.9B at some point, turned out to be a big fraud, a la Enron. [1] [1] http://www.bloomberg.com/bw/articles/2014-07-17/spains-lets-gowex-implodes-after-short-seller-exposes-fraud http://www.bloomberg.com/bw/articles/2014-07-17/spains-lets-...