What makes up the Finnish ecosystem and how does it facilitate startup growth? - A great summary by ArcticStartup
"All things considered, it’s safe to say that the Finnish startup ecosystem is getting stronger each year. In Q1 2016, there were 34 tech exits in the Nordics totalling $1.27 billion; 7 of these were in Finland. Nordic countries also rank high in terms of scale-ups, at the same level as the UK, Germany and France put together. According to the SEP Monitor Report, Finland ranks second with 126 scale-ups among the Nordic countries"
“Exits do happen in Finland, it’s just their monetary value is not high enough. We didn’t have mega exits except for Supercell, and that affects our position when it comes to statistics,” said Tom Henriksson from Open Ocean Capital.
Read the whole story here: http://arcticstartup.com/article/finnish-ecosystem-exits/
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