In time of crisis there is much speak about entrepreneurship as the engine to lift the economy, or at least in the Spanish crisis. Now well, who assists entrepreneurs?
As readers know I am the founder of VULNEX, a technology startup that offers highly specialized offensive and defensive cyber security services. In recent months I have been talking with tech giants such as Dell and IBM Spain to acquire a few servers that will allow us to improve our platform for R&D and services to our customers.
Obviously the purchase amount is small for these giants but for us it is a significant amount so we are interested in getting financing for the purchase and to our surprise: none of these 2 giants finance startups, they tell us that they only finance companies with more than 2 years of life. INCREDIBLE and SHAMEFUL!
I guess these companies have forgotten their roots and above all how and where they began. In my opinion it is disappointing that they do not even evaluate the project to determine their potential and just say NO. How easy is to say NO to small companies!
Now I understand why Dell has recently presented bad results, with that sales policy it is not surprising. And what to say about IBM, the monster patent…
But hey, so is the world of entrepreneurs, a constant struggle that unfortunately you get used to. Of course in VULNEX we are evaluating other options in order to execute this operation and improve our services despite all.
Be ready for some excited announcements in Q1 of 2013 😉
Dear readers, what is your opinion on the support given by large enterprises to startups?
— Simon Roses Femerling
