#1: European toxicity by Oussama Ammar, The Family


Europe is toxic for entrepreneurs.

Does that mean nothing can survive? Nope. It means some startups that should succeed don’t.

People think that creating accelerators and incubators can create another Silicon Valley. But those things weren’t the cause of Silicon Valley’s success – they were a consequence of it, a way to allow people that work hard and have the right mindset to be really close to each other.

Europe isn’t Silicon Valley, and trying to copy it without really understanding it is a waste of time. And yes, in Europe we like to waste time. But as an entrepreneur, there are three things that you need: capital, talent, and time.

So what about all those incubators and accelerators across Europe, created to help entrepreneurs but that just…don’t?

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