Hacker News new | ask | show | jobs
by omegant 4488 days ago
All the new labor and economic laws created after the crisis have been done thinking in the interest of big corporations and banks. If you are a small entrepreneur you are basically screwed.. No that they don't help you, they are actively trying to make you go bankrupt even before beginning.

In this case if you have a project that can go beyond 1mill € (I can't think of any that could reach that quantity, but that's another question), you'll have to be creative and create a company in the UK or USA to manage it.

Reading the article I realize that what they are trying to do with the new law (that basically makes the crowd-founding unusable for startups), is to protect the small investor. We've had several small investors scams (one of them by Caja Madrid, a big savings bank), in all the cases, the regulators were accused of being too little involved.

I have to agree that is a matter of time before there is a big scam with crowd-founding in Spain. So the Spanish bureaucratic logic says you'd better punish all of them(those dangerous crowd-founders) before a notorious crime is committed. Sad

Edit: added the last paragraph. Edit2: readability and typos.

2 comments

Spain is a horrible place to do business. First hand experience and official data http://www.doingbusiness.org confirm that.
And it doesn't even have a strong safety net and workers rights - the way Spain implemented TUPE is a joke.
I beg to differ (I completely agree with it being a horrible place to do business, on the other hand).

Apart from having free healthcare (although they are trying to change that as well), layoffs are regulated by law (companies must file a special request,ERE, to the government in order to axe more than a percentage of employees, which must be justified), workers are entitled to a severance package of 30 days (it was 45 a few years ago) of pay for each year spent at the company, and for each year working you accumulate three months worth of unemployment benefits.

I'm sure that there are countries which offer better conditions, but I can't say Spain has a weak safety net.

Um I know how Spain treats TUPE which is to say you have no protection on transfer of employer that is not the sign of a country that treats its employees well.
More than a million: two years ago, Double Fine crowdfunding project revolutionised video game industry and revived a genre long-time abandoned by major companies: adventure games https://www.kickstarter.com/projects/doublefine/double-fine-...

It is the best known proof that it works, that people can be heard when someone is ready to listen them. And they will give money for that.

And this, this will probably never happen in Spain.

Edit: > million (reason for this answer).

I´don´t mean that crowdfounding doesn´t work, I mean that reaching a million (like Kickstarter projects do) is going to be very difficult for any Spanish startup. There is no culture of giving money to help a business

Not so for "popular" projects, that are promoted via TV programs or so.. those will surely reach 1 mill easily.

On the other side, charity is very popular and people donates money (small and big quantities) when they see a need.

Of course it can always become fashionable, with everybody crowdfounding something, but that´s when a big scam will take place, with a scandal in the media and crowdfounding getting hit hard.

Edit I changed crowdsourcing for crowdfounding