Europe Steps Up
How does Europe’s startup landscape differ from those in Asia and the U.S.? Taavet Hinrikus, co-founder and chairman of TransferWise, offers a unique perspective in this conversation with Ina Fried of Axios. Hinrikus has a long history of launching entrepreneurial ventures in Europe. Prior to founding TransferWise in 2011, he was part of the team that launched Skype.
Attitude towards failure is one of the key differences between the European and American startup ecosystems, Hinrikus says – and it needs to change. “In Europe, if someone starts a startup and fails, people look at that person like they failed”, he explained. “If the same person failed three times in the US, people see that as experience and want to work with them."
Ina Fried is chief technology correspondent for Axios and editor of its daily tech newsletter, Login. Before joining Axios in February 2017, she was a senior editor at Recode, covering mobile, and produced the Code/Mobile series of conferences. Previously, Ina worked at All Things Digital and spent a decade writing about technology and business at CNET.
Entrepreneur & Investor
Taavet Hinrikus is co-founder and Chairman of Wise (formerly TransferWise), a global technology company facilitating international payments and money transfers. Previously, he was Skype’s Director of Strategy until 2008. Hinrikus is also an active investor with more than 100 technology investments.