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Europe has way too much investment culture from governments. All of my friends are creating startups with no decent go-to-market plan, but with 2 PhDs (as requi
by eastbound 3y ago
Europe has way too much investment culture from governments. All of my friends are creating startups with no decent go-to-market plan, but with 2 PhDs (as required to get BPI funds), a few keywords like “eco-blockchain in the AI cloud”, and BPI funds. It’s a waste, and they spend years on public funds. It also hikes the developer salaries, so there are no developers left for companies who are making real-world products.
- arianeprivate 3y agoI am not sure which program you are referring to, but I know of "EXIST," which is essentially funding for a team of four graduates, one of which has to be business-focused. The explicit goal is to use that time to write a business plan and find investors. That, at least, is a good program, in my opinion.