Friday, March 17, 2006

Skype CEO: Europe Start-Ups Suffer From 'Risk Fear'

A Reuters newswire article by Sabina Zawadzki, via Yahoo! News, reports that:

Skype survived its early tests as a European start-up to become a world leader in Internet telephony but the region's aversion to risk means many other fledging companies are doomed, Skype's founder said.

Ahead of meeting next week of European Union leaders to discuss long-delayed reforms to make Europe more competitive, Niklas Zennstroem told business and EU officials that Europe still has the wrong culture when it comes to entrepreneurship.

More here.

posted by Fergie @ 3/17/2006 12:29:00 PM

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