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I didn't downvote, but the post is not very informative, at least for someone who doesn't already know what they're talking about, like you. It's not very clear
by icebraining 8y ago
I didn't downvote, but the post is not very informative, at least for someone who doesn't already know what they're talking about, like you. It's not very clear what's the relationship being implied between bureaucracy and grants, which grants are those, or how do they differ between the US vs EU.
For reference, I've worked at a couple of EU startups, and we didn't get any grants. It's not like you just get money for incorporating.
- buboard 8y agoI think their point about grant-getters is spot-on. Thousands of companies exist just to apply for EU grants, get them, come up with a half-assed prototype and then quit the project. Unless you have connections in government in which case sometimes you can have a second and third half-assed product. Of course there are also many non-gov-funded startups. However 1) it is demoralizing to see them getting millions in handouts while you struggle to sell a product and 2) they keep many talented employees trapped in deadend-companies.