An entrepreneur about getting funded in The Netherlands

An entrepreneur about getting funded in The Netherlands:

We are a team of three from Europe. In 2008, we founded an email startup in the Netherlands, a country known for it’s liberal attitudes (as anybody who has been to Amsterdam would acknowledge).  But when it came to starting an Internet startup and raising initial funding it was exactly the opposite, totally conservative. We had “business angels” asking for more than 40% of the company for just a $60k investment. I am glad we never took that money.  We did end up in a startup incubator. The incubators don’t invest money over there. However you can get very small loans on reasonable terms from affiliated banks to get started.