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Massimiliano Magrini just wrote a post offering a panoramic view of the “State of the Union” in the Country of the Dolce Vita. He talked about the number of startups in Italy and suggested that a current lack of available capital meant big opportunities for investors in the country. Interesting perspective indeed, but maybe a little more context can help. First, while Italy is not lacking startups, it’s also not lacking capital; but that’s now true all across the world. Capital is being commoditized, and the cost for starting something (anything, actually) is at an all-time low.

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To read the original article: Sorry, but Italy is no startup paradise | VentureBeat | Business | by Armando Biondi, cofounder and COO, AdEspresso