How Portugal's tech scene exploded from zero after the 2009 crisis
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Talking of this with the privilege of having seen it go from almost zero to to what it is today, it it it it's it's astounding, the progress that we've made in starting with Portugal in particular, which, of course, we're we're closer to. We've gone through, you know, the huge hype cycle that, you know, all of a sudden we've always had good engineering and good science, but there was no entrepreneurial spirits until all of a sudden in 02/2009, the jobs for life that people were used to were just not there anymore.
About this clip
Pedro Ribeiro Santos reflects on witnessing Portugal's tech transformation over 25 years, explaining how the country always had strong engineering and science capabilities but lacked entrepreneurial spirit until the 2008-2009 financial crisis eliminated traditional job security. This forced shift created the conditions for Portugal's current tech boom.
Why this clip
Provides a unique firsthand perspective on how economic disruption can catalyze entrepreneurial ecosystems in unexpected ways.
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10:28 - 35s · market insight
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