4 comments

[ 3.8 ms ] story [ 22.7 ms ] thread
I find it interesting that so many successful startups originate from Sweden.. (Spotify, Skype, Tictail, Klarna, etc). Why don't we see similar success stories from e.g. eastern Europe or even France/Spain
Skype was actually developed in Eastern Europe (Estonia).
I think the reason is the same as in Finland. Both Sweden (Ericsson) and Finland (Nokia) have had big technology companies that today isn't doing that well and with many talented people therefore searching for new jobs and setting up startups.
My guess is the stronger social support system makes a it less risky to start a company... You have a safety net.