From Spotify to Minecraft, Sweden Proves Fertile Ground for Unicorns
Bloomberg 3 hrs ago Charles Daly
(Bloomberg) Sweden’s capital has bred more tech unicorns per capita than any other region in the world save for Silicon Valley.
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Spotify Technology SA and Minecraft maker Mojang AB put Sweden on the map for startups valued at more than $1 billion and spawned a new generation of entrepreneurs. The Nordic country ranked first in Europe in cumulative capital invested per capita in the past five years, ahead of Ireland and the U.K., according to a tech industry report by venture capital firm Atomico.
From Spotify to Minecraft, Sweden Proves Fertile Ground for Unicorns
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From Spotify to Minecraft, Sweden proves fertile ground for unicorns
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Hedge-Fund Boss Ignites Swedish Race Debate With Complaint
Bloomberg 12/15/2020 Charles Daly
(Bloomberg) Swedish social media lit up last month when a well known Black hedge-fund manager vented about discrimination, questioning the country’s prized egalitarian credentials.
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Sean George, 48, who grew up in the Caribbean before moving to Sweden at the age of 12, broke a two-year long silence on why he was forced to go solo with his fund in Stockholm in 2018. After decades of working overseas at firms like UBS Group AG, Bank of America Corp. and Deutsche Bank AG, he said he failed to get as much as an interview when he moved back to Stockholm.