It’s not just the money. If you announce that you are going to found a tech startup people will think that you are just going to play Space Invaders (mind, not

It’s not just the money. If you announce that you are going to found a tech startup people will think that you are just going to play Space Invaders (mind, not COD or FIFA) all day and stop having showers. If there’s a chance in 200 for an American that a relative will give them some money to bootstrap the company, in Europe is even less likely that your partner or family will take you seriously. In some European countries it is extremely expensive to found companies. In Italy 5-10K€ would maybe cover all your bureaucratic costs for the first year vs 10-20£ in the UK (or 1K£ if you hire an accountant). In Italy the government may prevent you from selling your company to foreign entities if it is deemed “strategic”, using the so-called “Golden Power”. What is a “strategic” company is so ill-defined, that it could be applied to any company way before it reaches unicorn status or even relevance.