I completely agree. It is high time people realise that a business that does not bring in profit is not a real business.

You cannot hedge your city’s job security on startups of whom the vast majority can’t survive without venture capital. It is as if people in tech have forgotten about the 2000 crash.

For a city like Berlin there will be a whole load of hurt when funding dries up. It simply is not in the city’s best interest, in my opinion, to put all its hope in having startups create all their jobs.