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Speaking as a Norwegian living abroad, I feel like one of the most important barriers (more important even than capital) to domestic startup success is a failur
by doktrin 10y ago
Speaking as a Norwegian living abroad, I feel like one of the most important barriers (more important even than capital) to domestic startup success is a failure-averse culture. We have a ways to go before we're on par with the US in this regard.
- freekh 10y agoSame situation and same sentiment here.
- digi_owl 10y ago> a failure-averse culture huh?
- Jommi 10y agoIt's a weird phenomenom in the nordics that people seem to be afraid of failure. Atleast in Finland this seems to be true from anecdotal experience.
- digi_owl 10y agoFear of failure? Or a distaste for the IPO pump and dump spectacle?
- doktrin 10y ago> Fear of failure Less social acceptance of failure, perhaps. The prevailing wisdom a few years ago was that having a failed business on record is still a bit of a black mark (wrt getting future investment funding, etc.)
- xiaoma 10y agoImport Icelanders?
- doktrin 10y agoI know this is a tongue in cheek remark, but it's not about the individuals - it's about how society at large (and importantly, potential investors) views past business failure.