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April 18, 2006
The New Tightness of Euro Founders
We're noticing that European startup founders like to show off their frugality. The leaner the startup machine, the bigger the bragging rights.
On Qype's blog we found a list of the differences between startups, dotcoms era ventures, and established companies that illustrates this notion. Here's our translation below
5. Office space
Corporate: 45 m2 for middle manager and assistant.
Dotcom: 45 m2 for the foyer in from of the aluminum-clad conference room suspended from the third floor.
Startup: 45 m2 for 8 employees
6. Coffe-maker
Corporate: Automatic dispensing a watery brew
DotCom: Brand new Jura automatic (pictured right)
Startup: Jura brand bought at a bankruptcy sale
7. Management team monthly salary
Corporate: X thousand Euros
Startup: X into 4 thousand Euro
The office space description is no joke. We've been visiting startups in the region and the most extreme example was a stealth mode startup we met in Lausanne with four engineers in an office meant for a receptionist. There was just enough space for their workstations, two on each side, and a wastepaper basket.
Read - Warum Darf Man Wieder Startup Sagen (qype corporate blog)
Posted on April 18, 2006 08:05 PM | Posted to | Permalink
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