Nations like Sweden and the UK might have a healthy startup scene despite not getting good help from banks and other capital institutions. Go search the web fo

Nations like Sweden and the UK might have a healthy startup scene despite not getting good help from banks and other capital institutions. Go search the web for startup financing in Sweden. One of the big banks has a page dedicated to this - but they're not offering their own money, instead they're pointing to government grants and government lending programs. > If the barrier to entry to get money thrown at you is so low, a lot of it gets wasted. So the rest really really has to make it big You can't do your accounting like that. One entity does not make up for the losses of another entity. Money is cheap in the US and thrown around to bad startups and good startups. In Europe money is expensive and mostly available to governments or for real estate feudalism.