Spain-Bad For Business Start-Ups

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This topic contains 1 reply, has 2 voices, and was last updated by Profile photo of DBMarcos99 DBMarcos99 3 years, 4 months ago.

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  • #57709
    Profile photo of angie
    angie
    Spectator

    This Olive Press article discusses how bad Spain is for business start-ups, so, Marcos, since you’re big in to pushing start-up news for Spain and the EU, how do these views sit with you?

    http://www.theolivepress.es/spain-news/2013/07 … start-ups/

    General consensus of opinions in the comments seems to agree with the article too 🙄

  • #117694
    Profile photo of DBMarcos99
    DBMarcos99
    Participant

    I can’t really see how it’s any easier or harder to launch a start-up from Spain. The basic principles are the same – you innovate in a sector and strive/hope to take on enough paying customers or investors to make it. There is even an argument that in the gaming area it is actually easier – there is the Latin American market to conquer – and companies like Social Point and Akamon have done really well in that area. But apart from that, things are fairly much even. Plenty of start-ups launched from Spain by foreigners too eg Fon (Martin Varsavsky), TopRural (Francois Derbaix), Yuilop (Jochen Doppelhammer) or Tuenti the Spanish facebook (Zaryn Dentzel).
    There’s been a lot made of the time needed to form a limited company – this has now been brought down to 24 hours allegedly by new legislation, but even if it takes a few weeks, so what? The only real thing that needed to be addressed was the need to pay full whack of around 270 a month for new autonomos – but again this has been changed by a new government measure that means new autonomos will pay just 50 euros a month http://cincodias.com/cincodias/2013/07/22/economia/1374490569_420614.html
    It’s not even the case that there is a lack of funding deals taking place in the start-up sector – you only need to persuse the investments bring reported on the Loogic site… http://loogic.com/category/inversiones/
    So no, I don’t see any argument that Spain is bad for business start-ups – unless you concentrate on the wrong moribund internal market.

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