It is so. About emulating Nokia (est. 1865)... it "never" was a tech start-up so it shouldn't be compared to new companies in terms of continuity/selling out.

It is so. About emulating Nokia (est. 1865)... it "never" was a tech start-up so it shouldn't be compared to new companies in terms of continuity/selling out. http://en.wikipedia.org/wiki/Nokia#History http://en.wikipedia.org/wiki/Nokia#History I think it has more to do with its old industry - forestry and wood products. Some of the oldest companies in Scandinavia come from that industry. Swedish Stora Kopparberg (est. 1347) current Swedish/Finnish StoraEnso, which is the oldest LLC in the world was a mining company. http://en.wikipedia.org/wiki/Stora_Enso#History%20of%20Stora http://en.wikipedia.org/wiki/Stora_Enso#History%20of%20Stora Strong tradition of continuity can also lead to risk aversion. That's a bad trait for entrepreneurs & VCs. We should take more risks, because our worst case scenario does not include losing health coverage etc.