Even worse than that, the article has absolute nonsense in it such as this: > Should your startup go bankrupt, chances are you will as well, and you’ll have to

Even worse than that, the article has absolute nonsense in it such as this: > Should your startup go bankrupt, chances are you will as well, and you’ll have to live under a multi-year purgatory during which time your innovative abilities are severely curtailed. No bank will touch you also. It really is pretty bad (For reference, limited liability companies exist and are the norm in pretty much all European countries) Also, talking in general "Europe" terms as if things (culture, regulations, people's perceptions) are the same in the Netherlands and Spain, let alone Estonia and Romania.