London Daily

Focus on the big picture.
Sunday, Jun 21, 2026

Right company, wrong place: why I moved my startup from Prague to Amsterdam

Right company, wrong place: why I moved my startup from Prague to Amsterdam

This Prague-founded startup didn't find the funding or the momentum it wanted until it moved HQ to Amsterdam. They've never looked back.

Most founders will agree that timing can be everything when it comes to business success. What fewer people talk about is how crucial location can be. Not every business idea is born in the right market. And while you can’t win if your business isn’t born at the right time (I’m looking at you, pre-Google search engines), you can control where you are based.

In April 2013, I accepted Richard Valtr’s offer to join his startup, Mews. We were building a cloud-based property management system to run hotel operations, booking, payments and guest management, and given my decade of experience at various hotels, I thought we had something special on our hands. But for three years, we couldn’t pick up momentum, and it began to grate on the team. We couldn’t raise the money to grow, and we couldn’t grow enough to widen our pool of potential investors.

And so, five years ago, we moved Mews from Prague to Amsterdam — and haven’t looked back. We were just in the wrong location to make our company a success.

Here are my takeaways from moving Mews to the Netherlands, and some food for thought for founders who think they might have the right company in the wrong place.

Our culture clashed with local investors


In 2013, we began the process of raising seed funding for Mews. After three years, we had a couple of term sheets from Czech VCs. However, at that point in time, the Czech market wasn’t ready for the cloud and the level of automation we were working on. Western Europe has long been ahead of Central and Eastern Europe on this front — an issue that leaves many promising startups in the lurch.

Czech VCs were looking for B2C startups that could reach hypergrowth quickly, as opposed to B2B investments such as Mews. Our key focus at the time was to continue building the product. The terms we were offered weren’t agreeable, particularly on minority protection rights.

Most of our customers were based in Prague, but our plan was always to build a global company


The Netherlands has been a far better fit in terms of investors. The country is a haven for cloud and payments companies, so investors know the landscape well and aren’t so laser-focused on revenue in early-stage companies. As the market is quite developed, Dutch VCs are more confident in valuing potential in complex technology.

Our customers called us home


At this point in Mews’ journey, we had around 40 customers and £30k-40k monthly revenue. Most of our customers were based in Prague, but our plan was always to build a global company.

About a third of our customers were located in the Netherlands, and they were our most supportive. As a customer-centric business, it made sense for us to be close to a community that “got” the product and wanted to help us make it even better.

It’s time to lower the barrier to startup success


Moving a startup across borders is painful. It was necessary for us to sell our own intellectual property to our new entity in Amsterdam — but after that, our most important big-budget expense was our lawyers. Attempting to draft your own agreements will waste more time and money than it saves (I’ve tried) — but a legal professional with expertise in tech and intellectual property will make a move easier.

The Western European startup ecosystem should do more to support early-stage tech businesses in underrepresented regions.

The longer you wait to move to a new country, the more complex and costly it becomes


Social media has no borders — and for founders who are considering moving abroad, it’s a great place to test the waters. I’ve been active on LinkedIn throughout my career, and found that it pays to play the long game. By the time Mews actually landed in Amsterdam, I’d made local connections who helped us hit the ground running, pointing us towards potential customers and employees in the Netherlands.

Always look ahead


The longer you wait to move to a new country, the more complex and costly it becomes. With just a few employees and an early iteration of our product, we had little to lose.

Now we’re on to the next stage: talent-first, location-second. That means being a fully distributed company that hires talent anywhere in the world. This year, we committed to becoming a fully distributed, global company. And while location is becoming less important the more we scale, it was key to get it right in our earliest days. I’d challenge more early-stage founders to ask themselves the question too: am I the right company in the wrong place?

Newsletter

Related Articles

0:00
0:00
Close
UK Government Tightens Procurement Rules to Prioritise National Security and Supply Chain Resilience
National Drought Group Reviews Water Supply Risks After Dry Spring and Ongoing Heatwave
Andy Burnham Faces Leadership Speculation After Weak Local Election Results for Labour
Charity Commission Appoints Interim Managers to Barnabas Aid Amid Financial Investigation
Government Awards £27 Million Leonardo UK Contract to Maintain Military Aircraft Fleet
Environment Agency Suspends Chichester Waste Site Permit Over Fire and Pollution Risks
Border Force Seizes Record Cannabis Shipment in Major UK Criminal Network Disruption
Lloyds Banking Group to Hire 300 Artificial Intelligence Specialists in Digital Expansion Push
UK Government Introduces Alcohol Monitoring Tags for 7,000 Offenders Ahead of Summer Sporting Season
Resident Doctors in England Prepare Vote on Government Pay and Working Conditions Offer
Police Scotland Investigates Suspected Anti-Muslim Attacks in Edinburgh Following Arrest
Met Office Issues Rare Amber Extreme Heat Warning Across Southern and Eastern England
UK Government Unveils Digital Homebuying Reforms to Cut Costs and Speed Up Property Transactions
Train Driver Dies and 89 Injured in Rail Collision Near Bedford as Safety Investigation Begins
Long-Term Economic and Political Effects of Brexit Continue to Shape UK Policymaking
Digital Disinformation Emerges as a Growing National Security Challenge in the United Kingdom
Britain's Dependence on Global Energy Routes Drives Push for More Resilient Supply Chains
Rising Energy Costs Continue to Threaten Britain's Cost-of-Living Recovery
Concerns Grow Over Far-Right Organizing and AI-Driven Online Radicalization in Britain
UK-Led Global Partnerships Conference Calls for Reform of International Development Finance
Middle East Tensions Continue to Weigh on UK Business Confidence
Reports of Middle East Peace Deal Ease Pressure on UK Energy Prices
UK Warns Middle East Conflict Could Worsen Global Food Insecurity
UK Economy Loses Momentum After Strong Start to 2026
Bank of England Holds Interest Rates at 3.75% Despite Easing Inflation
Brexit's Legacy Remains Deeply Divisive Ten Years After the UK Voted to Leave the European Union
International Anti-War Conference Opens in London as Debate Over European Rearmament Intensifies
UK Health Authorities Introduce Drug Price Concessions Amid Record NHS Medicine Shortages
Sir David Attenborough Supports Sherwood Forest Conservation Efforts After Loss of Major Oak
Aardman Animations Marks 50 Years With Major Exhibition in Bristol
Drax Cleared After Investigation Into Wood Pellet Sourcing Practices
Jaguar Land Rover Shifts Toward Hybrid Vehicle Production for US Export Strategy
UK Police Arrest Liberal Democrat MP Cameron Thomas on Suspicion of Assault
Health Concerns Grow Over Elevated Kidney Cancer Rates Near Lancashire PFAS Factory
Royal Navy F-35 Jets Conduct First NATO Air Warfare Exercise from Finnish Airspace
UK NHS Issues Price Concessions for Medicines Amid Severe Drug Shortages
Heathrow Third Runway Project Faces Sharp Downward Revision in Expected Economic Benefits
Amber Heat Warning Issued Across Parts of England and Wales as Temperatures Rise
Train Collision Near Bedford Disrupts UK Rail Network and Leaves Multiple Injured
Bank of England Data Suggests Brexit Has Reduced UK Economic Output by Around Six Percent
UK Borrowing Costs Hold Near 4.8 Percent as Political Uncertainty Fuels Market Pressure
Andy Burnham Emerges as Front-Runner to Succeed Keir Starmer After Landslide Makerfield Victory
Prime Minister Keir Starmer Faces Mounting Pressure to Resign After Labour By-Election Defeat in Makerfield
Payment Fraud Losses Reach £1.28 Billion and Raise National Security Concerns
Lending to Small Businesses Climbs to Highest Level Since Late 2024
Middle East Conflict Clouds UK Economic Recovery Despite Strong First-Quarter Growth
Bank of England Moves to Simplify Capital Rules for Smaller Lenders
UK Government Fast-Tracks National Security and Cyber Resilience Legislation
Ofcom Investigates Telegram Over Alleged Role in Organising Arson Attacks
MPs Press Fujitsu to Speed Compensation for Post Office Horizon Victims
×