Minube's growth has coincided precisely with Spain's economic decline. It got its start with a Ã¢,7/8400,000 loan in 2007 before the crisis hit, but hasn't been able to obtain any credit for expansion since then, so all income has been plowed back into operations and the company ruthlessly keeps costs down. Surviving in an era of austerity is an accomplishment, Jimenez says, and he senses a mindset change among Spaniards toward work after years of bad economic times with no end in sight.During Spain's boom times, Jimenez recalled, it wasn't uncommon or frowned upon in Spain for workers to quit jobs, and go on unemployment with monthly government payments until they were ready to take on another easy-to-find job. While that's also happened in other countries, Jimenez said the attitude change in Spain has been profound.
Class Of 2012: Young Spaniards Launch Startups
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