As a European who moved to California the societal stigma around young ambition in Ireland was brutal. When I started my first company in my 20’s and spoke to friends and family about it a phrase I frequently heard was “ah here, why would you stick your head above the parapet?”[0]
Having seen the kinds of Irish startups that get funding from Irish VCs they both tend to be run by Irish men in their 50’s/60’s who’ve been senior managers at big companies. Having reviewed a couple dozen Irish pitch decks it looks like funding flows based on who you know with little scrutiny given to ideas or even business fundamentals.
[0] https://dictionary.cambridge.org/us/dictionary/english/put-h...