Earlier quoted context omitted.
In the UK, if you fail, its pretty much game over. You get black listed and pretty much, that's the end of it. If you fail and go bankrupt, then set up again, you are almost seen as a fraudulent criminal. In the US, it seems to me that you can try and fail as much as you like, as long as you keep trying and don't get criminal. Trying seems to be enough to get some level of respect. It is absolutely one of the things…
No doubt there are some differences with the US here; the start-up career path perhaps isn't necessarily so widely known about and recognised outside the tech community, nor is it quite as breathlessly cheerled as in the bay area. But still, this isn't really the UK (or at least the London tech scene) which I know. A failed tech startup is very different to personal bankruptcy or some shady business operating on the…
Re: Why Germany should copy Silicon Valley's culture rather than their startups
#81+1 to this; failing is very different to bankruptcy of you or your company. Knowing when to quit is a good skill.