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Sweden's initially laissez-faire approach to controlling COVID-19 might have helped its tech ecosystem ride out the uncertainty. Several people we spoke to said they saw green shoots regarding revenue growth and retention in their portfolio companies as founders adapted to the pandemic. Areas that are benefitting include digital health and remote work for obvious reasons, but given Sweden's strength in fintech and gaming, those sectors are both well positioned to thrive.

8 investors discuss Stockholm’s maturing startup ecosystem 'All in all, tech is in a good position' In the realm of European startup ecosystems, Sweden — largely Stockholm — ranks very close to the behemoths of London, Paris and Berlin. And with 10 million people, the nation certainly punches above its weight, having produced unicorns such as Spotify and Klarna, to name only two. As a result, the eight investors we surveyed are characteristically bullish about the future, despite a pandemic strategy that became more restrictive in the second half of last year. Sweden’s initially laiss...

Borrowing a term from the casino trade, these whales generate the bulk of the company's revenue stream.

Facebook plays hardball in Australia, Epic Games expands its fight against Apple and New York’s attorney general sues Amazon. This is your Daily Crunch for February 17, 2021. The big story: Facebook cuts off news-sharing in Australia In response to a proposed law forcing internet platforms to pay news publishers directly, Facebook announced today that […]

It's hard to overvalue a startup when the public market is willing to double its valuation the moment it starts to trade.