From a business perspective, everything the author says makes sense. From a human perspective, as someone who was born & raised in Ireland and subsequently left the country 6 years ago at the age of 24 I can promise you, Ireland is far from a vibrant, positive place to live.
Every single element of the media is drowned in the desperation of the economic crisis, the cost of living is exorbitant and the weather is truly depressing.
The education system is by far Irelands biggest selling point, aside from the fact that it's mostly free, the standard of education and the amount of school leavers undergoing degree courses is continuing to rise mainly because there are no jobs available so the nation is instead looking to educate itself in the hope that when the economy improves they will stand a chance of earning a half decent wage.
I would love to see the tech culture in Ireland experience a revival, we were once the worlds largest exporter of software second only to Japan and our CS Graduates were some of the most sought after candidates on the planet but for those of you considering a move, remember, whilst he timing may be right from a business perspective, the atmosphere and culture is a huge barrier to overcome.
You can mostly ignore the media if you're in the tech industry because there's basically two economies here: one is fecked and the other is the tech industry, with tons of open positions.
Re. the weather: yeah, it rains. And when it doesn't rain it's often cloudy. And sometimes it's inbetween (a "soft" day). But then the hills, fields and mountains look fantastic (unlike, say much of the UK) because it isn't being burnt to a crisp.
Of far more concern is the poor broadband infrastructure outside of Dublin, particularly in rural areas but even in some cities. It ranges from 25Mbs fibre to no fixed broadband at all in Cork city. Out in the country (i.e., 10miles from a city), it's mostly a choice between mobile (3G), fixed wireless or satellite.
It depends if you're measuring quantity of "it rains" in mm of rainfall per year, or percentage of wet time per year.
Some places are very wet by the first metric, but mostly dry by the second. I haven't spent a lot of time in Ireland, but it seemed to be the other way around.
And in general terms, Ireland has less extreme weather than the England: it's typically warmer and with less ice/snow in the winter but not as hot in the summer.
Living in Seattle I'm thinking the same thing reading the responses here. It looks like Seattle averages 944mm per year, so here's a "hello" to our Irish friends enjoying the same gray skies we have...
Every single element of the media is drowned in the desperation of the economic crisis, the cost of living is exorbitant and the weather is truly depressing.
I see your "media desperation" and raise you 11 years of war and government stoked fears of terrorism.
I'm part of the Irish Diaspora, two generations removed. The Emerald Isle has been calling to me lately.
After five years in the UK I can say the rain is one of the things I miss the most!
On an anecdotal note most of the CS graduates that I know are not in Ireland any more but are split evenly between the UK and Australia. Also, Dublin is obscenely expensive in my experience.
Being in the process of moving back from London, I can assure you that Dublin is not nearly as bad as it used to be (I lived there in 2007, and it was ridiculous then).
It's not that bad in my opinion. We have a mild climate. Looking on the bright side we don't get heavy snowfall or droughts or heat waves. Personally I like the lack of extremes.
The problem is that in the context of startups, you are competing with Silicon Valley, which also has no snowfall, no serious heat waves, and 80% sunny vs. 80% rainy.
So that means Silicon Valley has the 3 most fearful enemies: fresh air, sunshine and the unbearable roaring of birds? -- Thanks, I'll go with the 80% rain :)
The article neglects to mention two of the primary reasons why it's good to do business here:
- 12.5% corporate tax rate. Also if you are big enough to afford good tax advice, e.g. Google or Microsoft you can bounce your revenue from Ireland to the Netherlands and into the Caribbean tax-free islands - http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-sho...
- Young, native English-speaking workforce. For historical reasons we don't generally speak our native tongue at all. We've a high birth rate, so our population demographic is quite young compared to other developed western nations.
If a multinational (or startup) is looking to expand into the EU, Ireland would be a good bet for a place to open an office for these reasons. The city I live in (Cork) is just an hour flight from London, and it costs €30 ($40) return including taxes and charges on Ryanair. That's cheaper than a train from Cork to Dublin, our two biggest cities. So Europe is highly accessible, and you can freely travel within the EU without customs hassle.
As an Irish individual, I can tell you that the author is overlooking one very crucial downside to operating a startup in Ireland. As you may know, our banking sector was decimated in the financial crisis. This has made it extraordinarily difficult for startups to obtain even modest business loans from financial institutions. Remember this is Europe we are talking about, where VC financing is much less common than 'mainstream' financing through bank loans. Many businesses are closing their doors and opportunities are being lost simply because startups do not have access to the liquidity needed to keep the lights on.
On the flip side, this could be a great opportunity for you VCs to buy into promising startups for a veritable pittance.
I guess you've got to look on the bright side though. When there's lots of VC money floating around, people feel like they have to raise capital, employee expensive people, get swish offices.
The secret is that you don't! Bootstrap yourself, focus on bringing in customer's money, rather than spending your equity (which is effectively what you're doing when you take funding).
Take this story http://fashion.telegraph.co.uk/article/TMG9133619/Spanx-crea... . Sara Blakely has built a billion dollar company, which she owns 100%, without taking a penny of funding and using $5,000 dollar of her savings. And this is a physical product! When you're selling online services/software there should be even less need for it.
I am not sure what type of startup you are talking about, but I think what typically with the term startup is a company, that is small, has a low probability of succeeding, but if it does can grow very fast. I don't think there is (or was) any bank in to world that will loan money to this type of company.
But there is no reason, why an Irish startup can not have investors from other places, especially with the finance capital of Europe (London) so close by.
"There are even government initiatives such as the JobBridge scheme that allow start-up companies hire people free of charge"
JobBridge has been roundly derided as a source of cheap/free labour for less than scrupulous restaurants , shops etc. under the guise of internship (as well as a useful way to fudge unemployment figures); "Learn to deal with problem customers..."
The short of it is, you'll need to offer a fair incentive to get good people - the IT sector is still pretty healthy here and decent graduates can expect to walk into a job from third-level.
I visited Dublin in September a few years ago. While I enjoyed myself a great deal, and liked the people and places we saw, it was such a relief to land in Bologna (Italy), and see strong, bright light coming from the sky. I could never live that far north.
These hyperbolic articles about places that are "the best place in the world for a startup" need to stop. For a creative and smart founder, any place in the world will be a fine spot to start up, and might even be better than silicon valley. But if you're going to make a generalization like that, then the bay area is the best place to be. Any article arguing otherwise is doing so purely for the sake of defying conventional wisdom.
Depends on the kind of startup. A tech startup has certain advantages in people, funding and connections, but a tech startup doing software for oil-exploration, say, might be better located in Alaska.
And I would love to see the best start-up founder try his hand in Sudan, Russia or North Korea.
Background: Spend most of my life in America, growing up mostly in So. California. Went to Dublin to work for 2 years between '06-'08. I came back right when the financial crisis hit in '08.
Good things about Ireland.
It is beautiful when it is not cloudy.
The people here are very easy to talk to if you want to have a bit of a chat.
If you want to go visit Europe, flights are cheap.
Bad things
Expensive, especially electronics and food. I believe the rent's dropped since the economic crisis but that was pretty expensive too.
There isn't much to do besides drink.
Food is terrible. I heard it's gotten better but if you've lived in SF or LA and you love food, don't work in Ireland. There were a nice row of Chinese places on Parnell that were pretty good though.
Customer service is shite.
It rains a lot, which isn't too bad since most of the time it's a light drizzle but then it's always cloudy. The worst part though is the winds that usually comes with the heavy rain as it makes it difficult to carry an umbrella since they'd just break.
Banks open from 10-4 with an hour lunch break during that time (where they'd completely close down) and on some days they'd open half an hour later for "training." When I was there none of the banks were open weekends, with a new bank that was opening up advertising, "OPEN ON SAT" as a benefit of their bank. I didn't have a car and my work was too far from a bank so it was a pain to do any kind of banking that required me to head down there.
This makes it sound like I had a rough time in Dublin, honestly it was pretty fun and enjoyable for the most part. All the bad points are pretty minor but having to deal with it day in day out was not fun.
"There isn't much to do besides drink. Food is terrible. I heard it's gotten better but if you've lived in SF or LA and you love food, don't work in Ireland. There were a nice row of Chinese places on Parnell that were pretty good though."
I'd like to dispute this, there are some excellent fine restaurants in Dublin. They may be harder to find against the high background noise of fast food joints, but the same is true for all north American cities too.
I'm sure Ireland is a great place for start-ups, but doesn't seem likely to be the best place on earth.
Start-up incubators - Every major city in the US has them, most of them are terrible. The things that I believe make an incubator good are mainly the talented people willing to spend their time with entrepreneurs and the connections which help close future rounds. Simply having incubators isn't a reason to call Ireland a great place to start a startup.
According to this article, only 32.2% of Irish citizens are college educated, compared with over 40% in the US and 44% of SF residents http://en.wikipedia.org/wiki/San_Francisco
Access to successful entrepreneurs - Ireland may be small, but so is the Valley and so is Boston, and so is DC etc. As long as you start meeting the right people and are smart and have a good idea, doors open. It may be true that the Irish community helps you, but I don't think this makes this "the best place in the world to start a start-up"
State run organizations dedicated to helping your business - In almost every case state run organizations do not help your business.
Community of likeminded individuals - These communities exist in every city in the US. Start-up communities are full of likeminded individuals.
EDIT: The guy that wrote the post seems to have a good idea for a start-up. There is definitely demand from mid size business in that are.
>According to this article, only 32.2% of Irish citizens are college educated, compared with over 40%
That's not surprising given Ireland's demographics and history but a lot has changed over the years. If you look at 25-34yr olds, for example, Ireland is higher than the US at 43.9%. It's also had the highest level of graduates in Higher education per population in the European Union a few times in the last decade (2003 for example). Unfortunately a lot of graduates are now leaving the country, mostly for the US, Canada and Australia.
I'd definitely question the talented labour available for work.
There's nothing like the talent in SF and we're currently saturated with Google/Facebook/Amazon/LinkedIn/Zynga sucking up a significant chunk of the best talent here and also bringing people from the UK and mainland Europe.
This would be a significant challenge for anyone looking to push the bleeding edge of technology. There aren't many brilliant young 20 or 30 somethings willing to work in a startup environment sacrificing pay for equity in the same way as there is in SF.
Honestly, I'd see available talent as a significant struggle depending on how you're scaling and what kind of people you would need.
Travel outside of the west coast of the US a little- there are a ton of great developers that are either unwilling or unable (e.g. visas) to relocate to SF.
And you sort of disprove your own point- there are no engineers available in SF because the big companies have hired them all. So surely that means that areas outside of SF have more engineers available, because no large companies are taking them?
At first I thought he was referring to Ireland with the "Google/Facebook/Amazon/LinkedIn/Zynga" comment -- they're all here too. If you're at a tech event looking for a developer, the response is likely to be a chuckle and "good luck!"
There are talented people everywhere. I know it may be shocking, but some of us/them don't want to live in SF. I do agree though that SF has been successful in breeding a mentality where up and coming professionals should sacrifice themselves beyond what would typically be acceptable. Something to be proud of though? Not so sure...
At least more and more students are studying relevant subjects so the available pool of potential talent is increasing. [1] (For those not familiar with Ireland, the CAO is the Central Applications Office and handles undergraduate applications in third level education.)
I can tell you that my employers are having such difficulties hiring good engineers here in Dublin that they are opening another shop on east Europe. Might be matter of €€€, I don't know, but the pool of both companies and candidates is quite small here.
The company pool in Dublin seems large enough to me (relative to the size of the city) when you count the handful of large companies and the many small companies. The pool of (good) candidates is tiny though - I've spoken to a lot of companies at events like PyCon Ireland and the IrishDev conferences a few years back and just word of mouth through less formal events and everyone is looking for employees! Google, Facebook, Amazon, Demonware - they are all hiring and (from talking to people working at them) are having a hard time finding enough people. Then there are lots of small companies that are finding it even harder still to hire (and they can't offer all the perks your Googles and Facebooks can...) - my former employer called me a few times to see would I come back; I get emails and linkedin messages asking if I'm available for work all the time; I get friends sending me messages to see am I available for XYZ.. everyone is having a hard time filling positions. I also don't know if companies just aren't offering enough money, but I get the impression that there just aren't enough good candidates out there.
So, from that, I would say that a startup in Dublin[1] is not a good idea from an availability of talent perspective - there may be talent there, but they're all happily employed.
[1] outside of Dublin, the availability of candidates seems to generally be worse still, though some towns that have schools/ITs/unis but lack of companies (eg Carlow) may have some people who would rather not move to Dublin
"The company pool in Dublin seems large enough ... relative to the size of the city" might be true but the city ranks 34th in Europe by population, its just my opinion from my observations but I have been underwhelmed on the opportunities available for IT in Dublin on 2010-2011 when I was looking actively.
Not saying that you did anything wrong - I obviously don't know your specific situation - but my experience has been the opposite (2008-present). The key is definitely networking. Through Python Ireland alone, I have got more job offers and requests for interviews than I know that to do with. Both last year and the year before I spoke to a lot of company reps and employees at Pycon Ireland and the general consensus was that its hard to find good candidates and that companies, large and small alike, are having difficulties filling their open positions due to lack of people. I personally get messages asking if I'm available from work every other week (and I'm not including recruitment agencies/shotgun HR emails in that).
I've wondered how difficult the hiring needs to be before companies will consider hiring good engineers to work remotely. So much of the dev work I've done over the years could have been coordinated/overseen from the other side of the world via email/chat/Skype just as well as it was through the (many) useless meetings we had in person.
Some people I know are already working remotely (myself included, though I do contract work, rather than full time employment) - they seem to start working on site and slowly transition to remote. One guy I know is working for a startup in Dublin but recently moved to Berlin and he is working remotely from there.
It still seems rare though and I too wonder how difficult it needs to become before this becomes more accepted.
Recruitment methods are the key to attracting good talent. My experience is that building a quality network and engaging in the local developer community is by far a more productive way to recruit than by using an agency or more traditional means.
At the same time, I think more companies also need to embrace remote workers. A lot of the best tech startups that I'm familiar with, both in Ireland and abroad, have a healthy mix of local and remote talent.
Enterprise Ireland just announced their "New Frontiers" scheme which is going to give 15K euro to 100+ startups. It does seem that the government is working hard to support new startups.
Does anyone know how many "Ron Conway years" that is? 15K Euro is much larger than the YC "stipend", but the recent side-investments have eliminated that gap.
Yes, both are outliers, but there's more investment in the long-tail around them.
My point is that 15K euros to 100+ startups sounds big until you look at what the competition is doing.
Well, compared to Startup Bootcamp, what Enterprise Ireland are offering doesn't seem like a brilliant deal to me. For one, do they give you that money outright? Last I checked, they only matched investments, so if you wanted 15K you had to raise 15K yourself too. Also, I'm not sure what they want in return and what kind of mentorship or introductions to investors they offer.
Startup Bootcamp on the other hand also gives you ~15K and seems to be modeled on YC - you can do what you want with the money, they provide mentorship with a large network of entrepreneurs and investors, they have a demo day where you pitch in front of investors etc.
Maybe I'm a little outdated on my information on EI however.
1. Actually, Ireland isn't too bad for this. You're much much more likely to head "at least you tried" than anything else.
2. No. The tech community is tiny, though so is Dublin. But no, there are few meetups, and they're poorly attended. A well attended meetup might be 30 people, but that's rare. There are more conferences starting, and some cool ones too, like FunConf and the Dublin Web Summit, which can hold their own with the sort of thing you get in SV. But they are rare - there might be 5 worth going to a year.
3. Yes. There is a bit of a migration to Ireland for tech. That said, nerd are more likely to go to Berlin or London, and probably even Paris. So, maybe.
I don't know the NY tech scene, but I would estimate the Irish tech scene to be maybe 1% of the size of what I see in the valley.
Irish person with a CS background here. I think Ireland has similar problems regarding churning out 'talent' to the UK
in that there are initiatives in schools for people to use computers but that's about it.
The fact we have a much smaller population also means that the small percentage of really good hackers you'd normally expect generally is a small number. To compound things further, those in this category are also more likely to immigrate, not because of some hardship, but because there are simply better opportunities elsewhere. To put it bluntly, those who dedicate large amounts of time hacking and getting better are a lot less likely to be 'tied down'.
Universities, yes the number of relevant applicants have gone up, and that's good and all, but to me this looks more reactionary than anything else. I think the primary problem is more of an image one, CS itself remains a mystery subject to many. I realise that this problem may also exist elsewhere, but to me it seems a lot more pronounced here.
I'm glad the government is at least doing something about it, but I feel that simply chucking money at it probably isn't the most effective way to tackle it.
Yeah, I'm skeptical about the existence of "state run organisations dedicated to helping your business". Not that they can't be useful, but, you'll need to tell me why.
As someone who was recently in Ireland for an accelerator, and asked to stay by Enterprise Ireland, here are some of my thoughts:
1. Start-up Incubators - There are more in the US, that are on average, of higher quality. The incubator we went to was good, but still doesn't compare to YCombinator, TechStars or DreamIt in terms of mentorship and networks.
2. Talent - It's harder to find GOOD python and ruby developers in Dublin than say New York or Boston. Scores of average developers exist, but if you're hunting for extremely good coders, you will have a hard time.
3. Access to successful entrepreneurs - This is the one that annoys me most. Yes - Ireland is a small place. Networking can be done in a matter of weeks and you'll have hit the entire country's tech guys. However, the truth is there were only about 10 founders that really made money during the last tech bubble - the rest largely lost more than they made in the housing crash. That being said, older entrepreneurs may be helpful, but both the successful and now-bankrupt are often starting businesses of their own again. The article is misleading on this point.
4. State run organizations that help - This is true and they are largely referring to Enterprise Ireland. However, what they won't say is that the state money is contingent on the seed funds/angels investing first - they simply match. Raising money in Ireland takes 3x the effort, and 4x as long as it would in London, New York, Toronto, and especially compared with Boston and the valley. The major problem is that these investors are extremely risk-averse. I feel they want to get in on companies series B kind of stability, but at seed level prices. That being said, they are also more interested in better mousetraps than potentially disruptive ideas, in my opinion.
5. Community of like-minded individuals - The people are fine.
Note, I don't actually think Ireland is the ideal place, but I do think its a reasonably good place to do a startup.
1. Yes, I agree that it is not near as strong as the bay area, but with the likes of Startup Bootcamp, things are improving on this front.
2. The Python and Ruby Ireland user groups are probably the two most popular programming language user groups in Ireland. While that doesn't mean that they are good, it certainly raises the odds over people who don't attend user groups simply because it shows they are enthusiastic and wish to learn more. Doesn't say anything about overall numbers, however.
3. I disagree - I attended Startup Weekend Dublin the weekend before last and the startup scene (including successful entrepreneurs) is quite vibrant and alive in Dublin - and growing. Personally I was amazed that my group found not only mentors who knew the industry of our project very well, but also potential customers at the event itself and that through a small bit of emailing we got a phone call with another industry leader.
4. Outside of say Startup Bootcamp, I certainly agree with this point.
5. See my comments on Python/Ruby Ireland and Startup Weekend Dublin - I find the community of like-minded indivitduals to be quite vibrant and growing every day (when I started attending Python Ireland, an average meetup might have 4 or 5 attendees and I did not know anyone in the startup scene - now meetups have 30+ attendees and the conferences sell out and I know tons of people in the startup scene, including other hopeful entrepreneurs like myself, successful entrepreneurs, investors.. etc)
It's harder to find GOOD python and ruby developers in Dublin than say New York or Boston
Can't you find great C++ or Java or C# developers and turn then into ruby/python developers though? My impression of the tech scene in the UK and Ireland is that a lot of highly skilled software engineers are either in the banking, industrial or games sectors. I'd expect CVs in the talent pool to skew towards those languages rather than web languages.
There are many good reasons why startups should consider Ireland as their choice location:
The World Bank, recently ranked Ireland as the top country in Europe for starting a company.
As well as hosting some of Europe’s top accelerator programs, Ireland has a high rate of seed and venture capital availability.
Ireland’s population is young, highly innovative, well-educated and multi-lingual.
Strategically located with easy access to the important markets in Europe, US and the middle east. Ireland is the only English speaking country in the Euro-zone.
I don't want to be down on Ireland, but it is not a great place to do a startup, though it is a great place and I miss it. I left Ireland to move to SF for the tech scene.
The tech scene there is tiny, and is completely dwarfed by Silicon Valley. That's changing sure, but it has a long long long way to go before it could be considered "the best place in the world".
It does have cheap talent going for it. But it has basically zero VC (look at where Irish companies go to raise, it's not Ireland).
I would say, at best, Ireland can now be considered a "not bad" place to do a startup, but suggesting its the best is lunacy, it's not even the best in Europe (hint: probably Berlin).
PubStandards, programming user groups (both Ruby and Python Ireland groups are excellent means of networking and I met many startup enthusiasts and entrepreneurs through them), attend a Startup Weekend
Also, don't wait until you graduate to attend these - start as soon as you possibly can. Its never too early to network and you may well save yourself some false starts.
Every single element of the media is drowned in the desperation of the economic crisis, the cost of living is exorbitant and the weather is truly depressing.
The education system is by far Irelands biggest selling point, aside from the fact that it's mostly free, the standard of education and the amount of school leavers undergoing degree courses is continuing to rise mainly because there are no jobs available so the nation is instead looking to educate itself in the hope that when the economy improves they will stand a chance of earning a half decent wage.
I would love to see the tech culture in Ireland experience a revival, we were once the worlds largest exporter of software second only to Japan and our CS Graduates were some of the most sought after candidates on the planet but for those of you considering a move, remember, whilst he timing may be right from a business perspective, the atmosphere and culture is a huge barrier to overcome.