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Since 2005, 9 % of global billion dollar exits have come from the Nordics[1], a region less populated than Germany. In comparison, the rest of Europe only accou
by nixy 11y ago
Since 2005, 9 % of global billion dollar exits have come from the Nordics[1], a region less populated than Germany. In comparison, the rest of Europe only accounted for 8 % of global billion dollar exits. So the Nordics win, hands down, here.
Also, between 2000 and 2014 Sweden saw 263 exits valued at $23.7 billion. That's more exits than the rest of the Nordics put together.
I would say Stockholm is a safer bet than Berlin :)
[1] http://arcticstartup.com/2015/03/16/creandum-9-of-global-billion-dollar-exits-come-from-the-nordics http://arcticstartup.com/2015/03/16/creandum-9-of-global-bil...
- playing_colours 11y agoBerlin is getting its momentum now. A lot of engineers moving here, salaries are growing. Sure that's my anectodal experience, but I would not compare the data from 2000 to 2014. Even couple years ago it was different - no BlueCard schema, lower salaries, few English-speaking companies.
- nixy 11y agoI'm sure Berlin is getting traction and I've no doubt it will be a big tech hub. But I would probably place it more as an "Austin" than as a "SV". Another issue is red tape... Germany banning disruptive ideas like Uber and Berlin banning AirBNB doesn't make me super excited about the prospects of launching a disruptive startup there.
- raverbashing 11y agoFunny, a lot of companies founded by "the Nordics" chose Berlin to establish themselves See: Deliver Hero, SoundCloud, etc