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Comment #1830808 by John Mulvihill

John Mulvihill Nov 21st 2013, 2:51 PM #

It is one thing to “start-up” but a totally different thing to “carry on” with the business. I applaud anyone that has the guts to try and start up a company as the fall can be pretty devastating, especially the longer it goes on. As a person who has limited experience in the area it I can tell you that venture capitalists usually invest in 10 start ups with the aim to get one to two of the businesses to succeed…what happens to the other 8 or 9? It really is sink or swim. There is no support in place from the government or any organisation to aid these start ups once a venture capitalist sees no future in it, this can be tough for anyone involved in the business. I guess anyone entering in on it should know the risks.

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Read the article where this comment appeared:

Ireland named Europe's most entrepreneurial country

Ireland named Europe's most entrepreneurial country

The Wall Street Journal analysed data on the venture capital being raised by tech companies.


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    Nov 21st 2013, 5:59 PM

    That’s part of the problem!! Stop looking for help and support and others to do stuff for you. Set up and carry on without help do it yourself. I’m speaking from experience here I started up back when everything else was failing, no help no support and very little cash but I made it work