Why does Sweden produce so many startups?

Oct 12, 2017

Flag at half mast at the official ceremony at Stockholm City Hall with one minute of silence at noon to remember the victims of Friday's terror attack on Drottninggatan, Stockholm, Monday, April 10, 2017. TT NEWS AGENCY/Anders Wiklund via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. SWEDEN OUT. NO COMMERCIAL OR EDITORIAL SALES IN SWEDEN. NO COMMERCIAL SALES. - RC14654E7730

Sweden's capital is second only to Silicon Valley when it comes to the number of “unicorns” produced per capita. Image: REUTERS

John McKenna

Senior Writer, Formative Content

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Sebastian Siemiatkowski, CEO of Klarna, one of Europe's most highly valued tech startups, began coding age 10 Image: REUTERS/Mia Shanley

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