Re:How Sweden became the Silicon Valley of Europe
by lmm on Wednesday August 11, 2021 @06:07AM
(#28140158)
There's a distinct lack of mega-successes coming out of Europe.
[ Parent
| on HN ]
Re:How Sweden became the Silicon Valley of Europe
by karl-j on Wednesday August 11, 2021 @06:15AM
(#28140214)
From the article the difference doesn’t seem that huge:
Stockholm - 0.8 unicorns per 100,000
Silicon Valley - 1.4 unicorns per 100,000
Re:How Sweden became the Silicon Valley of Europe
by lovemenot on Wednesday August 11, 2021 @06:58AM
(#28140485)
Unicorn is just a threshold.
Of those in both regions that crossed it, how many went through the next, then the next order of magnitude?
Re:How Sweden became the Silicon Valley of Europe
by dmitriid on Wednesday August 11, 2021 @07:38AM
(#28140733)
In Silicon Valley terms a Unicorn is a company that can burn through 0.5-2.5 billion dollars a year for an unlimited number of years.
Silicon Valley has very few "unicorns" beyond those.
Re:How Sweden became the Silicon Valley of Europe
by cinntaile on Wednesday August 11, 2021 @07:08AM
(#28140558)
That's almost double in SV, that's pretty huge.
Re:How Sweden became the Silicon Valley of Europe
by theelous3 on Wednesday August 11, 2021 @07:43PM
(#28149647)
Given the differences in available capital and labour forces, reads more like stockholm is performing like an order of magnitude better.
I'd also be interested in seeing long term outcomes. I'd wager stockholms is stronger.
Re:How Sweden became the Silicon Valley of Europe
by notfromhere on Wednesday August 11, 2021 @09:55AM
(#28141996)
I don’t know if that’s a good success metric. Feel like a lot of smaller, but revenue sustainable startups would be better for economic health than one mega-Corp crushing competition