"It's also not as easy to start a company in Germany. I'm German, live in New Zealand now and founding a company here is just plain simple. Go online, pay $100, send a fax and you're done. The bureaucratic and financial hurdles in Germany are just too high which doesn't cultivate a startup scene. Germans are also perfectionists which is good on the one hand but bad if you're a startup and should get a product to market as soon as possible. I'm sure some companies fail because they want to have a perfect product but run out of cash before there are paying customers." - Timo Reitnauer