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Why Does Sweden Have So Many Startups?

theatlantic.com

1–10 of 204 posts

Re: Why Does Sweden Have So Many Startups?

#2
The subtitle is misleading.

>How a tiny country with high government spending bred a large number of vibrant young businesses

The article then goes on to attribute almost all of Sweden's success to deregulation and anti-monopoly laws---i.e., less government intervention ∝ more startup success.

Re: Why Does Sweden Have So Many Startups?

#3
post #2

The subtitle is misleading. >How a tiny country with high government spending bred a large number of vibrant young businesses The article then goes on to attribute almost all of Sweden's success to deregulation and anti-monopoly laws---i.e., less government intervention ∝ more startup success.

High government spending and deregulation are not the same thing.

Re: Why Does Sweden Have So Many Startups?

#4
Completely missed one of the most important points: It's easier to take risks, if those risks actualizing will not destroy your life.

In the US, there's very little social safety net to catch you. If you get sick before the startup is big enough, it means personal bankruptcy - and no medical treatment. Missing revenue targets can mean missing student loan payments, missing rent, etc. There's real risk you'll end up homeless in the end.

In Sweden, you might end up poor, but the poor are still taken care of. You get your medical treatment, the state pays your rent, and you are guaranteed enough income to buy groceries.

Re: Why Does Sweden Have So Many Startups?

#5
post #4

Completely missed one of the most important points: It's easier to take risks, if those risks actualizing will not destroy your life. In the US, there's very little social safety net to catch you. If you get sick before the startup is big enough, it means personal bankruptcy - and no medical treatment. Missing revenue targets can mean missing student loan payments, missing rent, etc. There's real risk you'll end up h…

[deleted]

Re: Why Does Sweden Have So Many Startups?

#6
post #4

Completely missed one of the most important points: It's easier to take risks, if those risks actualizing will not destroy your life. In the US, there's very little social safety net to catch you. If you get sick before the startup is big enough, it means personal bankruptcy - and no medical treatment. Missing revenue targets can mean missing student loan payments, missing rent, etc. There's real risk you'll end up h…

i think one of the interviewees said literally that. down near the end though so tl;dr ?

Re: Why Does Sweden Have So Many Startups?

#7
post #2

The subtitle is misleading. >How a tiny country with high government spending bred a large number of vibrant young businesses The article then goes on to attribute almost all of Sweden's success to deregulation and anti-monopoly laws---i.e., less government intervention ∝ more startup success.

anti-monopoly laws seem to be the exact opposite of "less government regulation".

Re: Why Does Sweden Have So Many Startups?

#8
post #4

Completely missed one of the most important points: It's easier to take risks, if those risks actualizing will not destroy your life. In the US, there's very little social safety net to catch you. If you get sick before the startup is big enough, it means personal bankruptcy - and no medical treatment. Missing revenue targets can mean missing student loan payments, missing rent, etc. There's real risk you'll end up h…

That can't be right, Paul Graham sez that if you don't treat the poor like garbage you'll get fewer startups.

Re: Why Does Sweden Have So Many Startups?

#9
post #7
post #2

The subtitle is misleading. >How a tiny country with high government spending bred a large number of vibrant young businesses The article then goes on to attribute almost all of Sweden's success to deregulation and anti-monopoly laws---i.e., less government intervention ∝ more startup success.

anti-monopoly laws seem to be the exact opposite of "less government regulation".

maybe pro-competitive market would be a better intended description

Re: Why Does Sweden Have So Many Startups?

#10
post #4

Completely missed one of the most important points: It's easier to take risks, if those risks actualizing will not destroy your life. In the US, there's very little social safety net to catch you. If you get sick before the startup is big enough, it means personal bankruptcy - and no medical treatment. Missing revenue targets can mean missing student loan payments, missing rent, etc. There's real risk you'll end up h…

If your startup was venture-backed, wouldn't the risk lie on the VCs instead of you?
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