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Nice snapshot of the conventional Bulgarian mindset - that the government is at the root of, and the solution to all problems. The top real problems are obviou
by solve 11y ago
Nice snapshot of the conventional Bulgarian mindset - that the government is at the root of, and the solution to all problems.
The top real problems are obvious:
1) No angel investors. Particularly, no angel investors who got rich doing startups.
2) Immense business cultural differences from what startups need:
http://www.paulgraham.com/america.html http://www.paulgraham.com/america.html
http://www.paulgraham.com/hubs.html http://www.paulgraham.com/hubs.html
http://www.paulgraham.com/siliconvalley.html http://www.paulgraham.com/siliconvalley.html
http://www.paulgraham.com/startuphubs.html http://www.paulgraham.com/startuphubs.html
There are other cities around the world that are full of tech talent. That's not special. In fact, it makes it worse for finding cofounders or employees -- because the vast majority of tech workers you'll meet got into it for the money as a basic PHP coder. This makes it harder to find the tiny fraction of the population that has the right mindset to work extremely hard and lower your quality of life to endure the extreme hardships of startups.