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> Since everything pretty much works, it's difficult to see faults (or maybe faults enough to motivate a change)

This is an interesting angle.

Are less well developed countries better for entrepreneurs? More holes to fill? Anyone have anecdotal evidence either way?

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European countries are as full of things that don't work as third world ones. I lived in switzerland, for instance, and found it astonishing how things that "simply worked" back home (a developing country) were still badly implemented there. Paying rent and tracking mail packages are two examples I still remember didn't work well/could be heavily improved...

There are holes to fill everywhere.

What is wrong with paying rent in Switzerland? I've lived in several countries and here (Geneva) they handle rent payments pretty well, it's just doing it online/taking one paper to the atm (with UBS), honestly I see no faults in that

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