4 ms·
Access to employees and access to investors is a big part of it for sure. Depending on the nature of the business, it might also be access to prospective custo
by shostack 11y ago
Access to employees and access to investors is a big part of it for sure.
Depending on the nature of the business, it might also be access to prospective customers, particularly for b2b tech plays.
- moonchrome 11y agoDo startups commonly have traditional employees in US ? As in people working for a paycheck and no shares ? I feel like if I was going to work in a startup I would have no problem moving for a couple of years and taking less money in exchange for shares in the company (ofc. if I thought the company was going somewhere) From what I can see* locally it's usually founders with shares in company and there's also a growing number of investors/incubators in Eastern Europe (where the cost of doing business/living is considerably lower than Western Europe). Perhaps it's because Europe is more separated legally and governments also play a big role (trying to imitate US model) so investors are "forced" to go to multiple places instead of bringing everyone to them. *I'm very superficially familiar with startup scene, I'm considering getting in so I'm trying to figure things out :)