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by onphonenow
1531 days ago
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You can startup an AI automated car driving startup more easily in italy than you can in SV? In SV you can get 10M+ in capital pretty easily - close relative with one prior startup did just that recently. It's VERY low overhead, you can hire (and fire) folks pretty simply. The due diligence on that $10M didn't even require audited financials or anything. I don't know anywhere in italy even close to that. |
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There's definitely a lot of sweet VC money to collect with a business office in SV, but I have no idea why a large company investing a lot of its own money would choose to throw 4/5ths of it away.