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I'm currently bootstrapping a startup in London [0]. The problem for technical people creating startups in Europe isn't just lack of capital. It's risk-adverse
by lhnz 13y ago
I'm currently bootstrapping a startup in London [0].
The problem for technical people creating startups in Europe isn't just lack of capital. It's risk-adverseness and occasionally classism. Unless you're creating a pure internet startup you will need to work with other businesses and your first issue is in convincing them to take a risk on you; if you've not got an MBA from x University, some friends in the industry and a couple of entrepreneurship awards it's only harder to do this.
The other ways up are really silly. Incubators that want you to social proof yourself with a number of popular advisors, etc. Also known as "You have to be in to get in." Or the weird government schemes that will give you a nice loan to pay-off, or the very dodgy-looking startup schools which want you to pay a fee to have them parrot obvious advice at you "Be Lean! Be Agile! Fill Out This Canvas!" The only important things are the right connections and an opportunity to prove yourself and what's there is often about legitimising the institution above giving the player an opportunity to legitimise themselves.
But, as with all things, just because something's difficult doesn't mean you shouldn't try. Better to try, fail and learn than to continue as a bystander.
[0] http://getawayapp.co http://getawayapp.co