For a decent number of years now I have attempted to engage first hand in Spain-based Internet 'startupism', both from entrepreneur and investor angles. Results, as I noted a couple of months back, so far have not been good.
Some data to add context.
There are a number of factors explaining these results. They chiefly include bad decision-making, the choice of wrong partners and a weak general environment. The one thing that never crossed my mind was that the effort per se was ill-conceived.
Then, focusing on the so-called Silicon Valley gold rush, a very talented writer by the quasi-impossible name of Gideon Lewis-Kraus reflects in a great article on the pervasive concepts of feeling of autonomy fantasy and failure by design.
Do those notions apply to my daily reality? I honestly don't think so --for once being so far away from West Coast US standards does seem to have some appeal...--, but this read is a fantastic reminder of the great dangers that await the gullible anywhere on the globe.