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I happen to be from Estonia, a small, but fiercely proud country near the Baltic Sea, one with a burgeoning startup scene that’s full of driven, intelligent and hungry entrepreneurs. The startup attitude. You’ll also find a much more committed mindset in Estonia than you will in California. Interpretations for failure.
Second, a welcoming attitude toward immigration helps. While countries like Ireland and Estonia have rewritten their corporate tax codes to encourage tech companies to set up in their previously disadvantaged jurisdictions, Atlantic Canada continues to have tax rates above neighboring provinces and U.S.
They have the proper mindset to fundraise, and their attitude matches the money they’re asking for. A few VCs have already taken a 1% pledge , but it’s the Europeans who are leading the charge here, with funds from Estonia to Ireland generously covering all founder coaching fees and other support programs.
At the same time we have several culturally-driven attitudes holding us back. There are a variety of values that must be fostered collectively to drive the right entrepreneurial attitude of the individual. Our socially progressive attitude has helped shape the most creative and agile playing of the global game. Not in my view.
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