Startup Nights is the annual meetup of the Swiss startup family. Expect two packed days full of keynotes, workshops, pitch
26 comments
Switzerland has everything to produce successful startups: top universities and talent, stable and sovereign infrastructure and government, capital, and liberal tax and company laws.
However, the reality is different:
As if starting a company isn't hard enough, Swiss (and I guess EU) culture doesn't really recognize entrepreneurship as a valuable career path. You hear a lot of "Are you sure about taking that much risk?" and when you fail you get a "I told you so".
You would think there's plenty of capital here, but unfortunately not in VC. It's getting better, but many Swiss early-stage investors still ask for a detailed 5-year business plan and four due diligence calls for a 5k ticket in your round.
In SF, everyone helps each other out with their network, intros, and so on. In Switzerland, most startups and scaleups still operate in closed gardens and ecosystems are rare or slowly developing, which makes building a network really hard.
Events like these hopefully help to change this :)
The governments view is that if you have fewer than 3 companies you are dependent on them and they should bare the AHV etc requirements. However if for example you have 2 very large contracts there may be exceptions.
Easiest (not cheapest) is always to create a GmbH or AG which also mitigates a lot of risk you would have as a sole-proprietor.
Read the full thread on Hacker News →
Related stories
- Hacker News · 2 points · 5 days ago
- Hacker News · 2 points · 4 days ago
- Hacker News · 168 points · 10 days ago
- CB Rank (Person) 1000 Recommendation Your Startup on LinkedInstartup-signal-oleh.restylefutu.chatgpt.siteHacker News · 1 points · 7 days ago
- Hacker News · 1 points · 10 days ago
- Hacker News · 314 points · 3 days ago