5 ms·
France attempted to do it, even putting it in an area with nice weather ;) After 40 years it's only about 20k-30k jobs there and nobody from outside ever heard
by lrem 10y ago
France attempted to do it, even putting it in an area with nice weather ;) After 40 years it's only about 20k-30k jobs there and nobody from outside ever heard about it.
https://en.wikipedia.org/wiki/Sophia_Antipolis https://en.wikipedia.org/wiki/Sophia_Antipolis
Btw, the reason why they failed is a banking system that hates bankruptcies. If your startup fails, you won't get any credit (yup, better get a mortgage before starting a company) for at least 10 years (I think it was 20, but am too tired to search for references now).
- jacquesm 10y agoThat and labor laws that make it just about impossible to let someone go, financing with 'strings attached' (see 'dailymotion') and a whole raft of other differences.