No, it's not a bit different. It's completely different. It's another universe.
The vast majority of self employment in DF is a fruit stand or selling cigarettes at traffic lights (not that there's anything wrong with that).
I spent some time with an Italian entrepreneur a few weeks ago and he told me "we have three VCs in our country. and two are out of money."
The Sobering Reality of Entrepreneurship in the US is that we have it better than everybody else in the world, and even more so if you are an entrepreneur in SF, NY, Boston, Austin, etc.