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As someone who was recently in Ireland for an accelerator, and asked to stay by Enterprise Ireland, here are some of my thoughts: 1. Start-up Incubators - There are more in the US, that are on average, of higher quality. The incubator we went to was good, but still doesn't compare to YCombinator, TechStars or DreamIt in terms of mentorship and networks. 2. Talent - It's harder to find GOOD python and ruby developers in Dublin than say New York or Boston. Scores of average developers exist, but if you're hunting for extremely good coders, you will have a hard time. 3. Access to successful entrepreneurs - This is the one that annoys me most. Yes - Ireland is a small place. Networking can be done in a matter of weeks and you'll have hit the entire country's tech guys. However, the truth is there were only about 10 founders that really made money during the last tech bubble - the rest largely lost more than they made in the housing crash. That being said, older entrepreneurs may be helpful, but both the successful and now-bankrupt are often starting businesses of their own again. The article is misleading on this point. 4. State run organizations that help - This is true and they are largely referring to Enterprise Ireland. However, what they won't say is that the state money is contingent on the seed funds/angels investing first - they simply match. Raising money in Ireland takes 3x the effort, and 4x as long as it would in London, New York, Toronto, and especially compared with Boston and the valley. The major problem is that these investors are extremely risk-averse. I feel they want to get in on companies series B kind of stability, but at seed level prices. That being said, they are also more interested in better mousetraps than potentially disruptive ideas, in my opinion. 5. Community of like-minded individuals - The people are fine. |
1. Yes, I agree that it is not near as strong as the bay area, but with the likes of Startup Bootcamp, things are improving on this front.
2. The Python and Ruby Ireland user groups are probably the two most popular programming language user groups in Ireland. While that doesn't mean that they are good, it certainly raises the odds over people who don't attend user groups simply because it shows they are enthusiastic and wish to learn more. Doesn't say anything about overall numbers, however.
3. I disagree - I attended Startup Weekend Dublin the weekend before last and the startup scene (including successful entrepreneurs) is quite vibrant and alive in Dublin - and growing. Personally I was amazed that my group found not only mentors who knew the industry of our project very well, but also potential customers at the event itself and that through a small bit of emailing we got a phone call with another industry leader.
4. Outside of say Startup Bootcamp, I certainly agree with this point.
5. See my comments on Python/Ruby Ireland and Startup Weekend Dublin - I find the community of like-minded indivitduals to be quite vibrant and growing every day (when I started attending Python Ireland, an average meetup might have 4 or 5 attendees and I did not know anyone in the startup scene - now meetups have 30+ attendees and the conferences sell out and I know tons of people in the startup scene, including other hopeful entrepreneurs like myself, successful entrepreneurs, investors.. etc)