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by rcarmo 4308 days ago
There's a flip side to that coin, which is that there are a lot of "incubators" set up to purportedly support Portuguese startups that have delivered (statistically) zero successes - there are exceptions, but as far as I know they're not portrayed in TFA.

Regardless, it bears noting that there are more, standalone, bona fide startups out here trying to make it, and fortunately not all of them are relying on the app bubble keeping up.
2 comments
hobbes78 4308 days ago
UPTEC last year accepted 165 new start-ups and 22 managed to gain independence and become self-sustained. A success rate of 13% in the start-up world is not that bad...

https://translate.google.com/translate?sl=pt&tl=en&js=y&prev...

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dcustodio 4308 days ago
exactly, I think most incubators in Portugal are there for the real estate and few offer real incubation/acceleration plans.
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