One way to make Europe more like Silicon Valley
Making bankruptcy records harder to find gives French entrepreneurs a second chance
IN SILICON VALLEY, running one or two startups into the ground is an essential step on an entrepreneur’s journey to success. For their European counterparts a single bankruptcy can derail a career. Being branded a failure once is all banks and other investors need to steer clear for ever. A new study shows the extent of the stigma a past failure can have on potential business-builders—and how it can be remedied.
This article appeared in the Business section of the print edition under the headline “Wiping the slate”
From the August 14th 2021 edition
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