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How Sweden became the Silicon Valley of Europe

As Klarna's billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast of capitalism, he credits an unlikely backer for his runaway success: the Swedish welfare state.

How a 90s policy made Sweden a top start-up hub

As Klarna Bank AB’s billionaire founder, Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast of capitalism, he credits an unlikely backer for his runaway success: the Swedish welfare state. In particular, the 39-year-old pinpoints a late-1990s government policy to put a computer in every home. “Computers were inaccessible for low-income families such as mine, but when the reform came into play, my mother bought us a computer the very next day,” he said. Siemiatkowski began coding on that computer when he was 16. Fast-forward more than two decades, and his payments firm Klarna is valued at

How a 90s policy made Sweden a top start-up hub

How a 90s policy made Sweden a top start-up hub
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

How Sweden became the Silicon Valley of Europe

As Klarna's billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast of capitalism, he credits an unlikely backer for his runaway success: the Swedish welfare state.

How Sweden became the Silicon Valley of Europe - Netscape Money & Business

How Sweden became the Silicon Valley of Europe - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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