News

Portugal Once Launched Ships, Now It Launches Startups. By Bloomberg.

Europe’s best and brightest hunt down a new world of opportunities outside of the U.K.

Bloomberg just published an interesting article, by Edward Robinson, about the new Portugal and its role on creating new high tech ventures to the world. A very interesting

"...Now a confluence of forces is leading entrepreneurs to build their companies at home. Thanks to cloud computing and open source software, it’s easier and cheaper than ever to assemble digital platforms anywhere. And universities such as the Instituto Superior Técnico in Lisbon are teaching students the art of entrepreneurship rather than just grooming them for careers in multinational corporations. Besides, London is one of the most expensive cities in the world in which to run a business; a rank-and-file software developer there earns three times what a coder makes in Portugal, according to a report by Balderton Capital in London..."