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Comment by jc79 | Hacker News Reader

I could not agree more! This, among other things, is one of the things that puzzles me the most: almost no products. To that I'll add lack of capability to scale.

I've worked at a startup here once, and have seen this lack of capability to scale happen in first hand: unfortunatelly, at the time I was to focused on just being the 'technical guy', and did not have any real input to give (mind you I was just an employee - there is no concept of equity shares to employees in Portugal, thus no economical incentive in this regard).

Now that I have the will to actually be a part of a startup, I'm 'too old', have a family, and honestly, don't know where to look.

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We are never old to do what we like. We just need to find the right environment. This environment exists but, of course, we must do something in order to find it. Going to conferences, meet the right people and address the issues of portuguese entrepreneuship. Without effort and some positive criticism we won't be able to change the panorama.

Although the scaling issues is due, in some part, to lack of investment (in other words green dollars) we could address it if professionals were willing to work on ideas they don't own. And many are. People are not motivated only by money but also by achievement.

Unfortunately we are transmitting that to do entrepreneuship you need your own idea and not joining someone and improve his idea, helping him to scale and turn it in our idea (and not only his idea). This may be the reason why there are so many ideas which are derivates of what exists is in the market.

I agree with the difficulty to obtain investment. The ones with the money are the big banks, that still prefer very conservative (patent based!) bussiness, and there isn't much else.

Not so long ago, the dream of a student finishing college here would be an internship on any given big company, even if not paid (and hence, supported by its parents, 95% of the cases), in hopes of then getting a paid job in the same company.

It's incredible how this seemed excelent, but spending the same amount of 'parent money' in trying a startup of your own (or someone else's, I agree with your point) seemed utterly irresponsible.

A 'directory of IT portuguese startups' would be an excelent point to start: perhaps someone already has a cool idea that you not mind working on. Right now I find this kind of information to be really scattered. I've thought of doing this myself, perhaps I should return to this idea.

I've been at the first TechMeetupsLX meeting, it was interessting if not a bit long - seems this was sorted out in the next ones. I hadn't the chance to return, but hope to do it soon enough. Any other suggestions? I fear that the some of the paid conferences are still dominated by the 'big sharks', and no real opportunities are there... is this just an illusion on my part?

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