demo’08

Demo’08 Hungary

demo08_mini“Are you a start-up, or what?” – asked me the guy who I was talking to on the coffee break of Demo’08 conference. Later that day I had to realize that this was the first place ever in our country where being a start-up was an advantage.If you were not, you had nothing to do there.  Everybody had the same problem what they couldn’t solve: venture capital firms and angel investors don’t take the risk of investing in a company in the early stage (seed investing). This was the reason why they were there. “Do you see the investors or any financer people round here? Because I don’t. They all went home after 30 minutes. That’s our main problem here”. And the guy were right, the inventors were presenting their projects, only for the audience of other inventors.  So, the conference truly represented the situation in Center Europe.

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Sunday, January 25th, 2009 Entrepreneurship 10,537 Comments