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Why haven’t European investors fully accepted the ‘failure is good’ mentality yet?

The Next Web

The colleges that tend to have work placement initiatives prepare students better for hands-on work, but are “less reputable” than the research-based universities. With huge unemployment rates in countries like Spain, Greece and Portugal, coupled with risk-averseness and impractical education this leads to a circle of hopelessness.

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Y Combinator's First Batch: Where Are They Now?

thenextweb.com

After giving the applicants just 10 days to submit, Graham received an amazing 227 applications, which just goes to show the unbelievable drive that the young would-be founders had. Like a parent, Y Combinator protected and guided a group of eight applicants who were chosen to be part of the Y Combinator Summer Founders Program.