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How has Sweden become the Silicon Valley of Europe despite having one of the highest tax rates in the world?

How has Sweden become the Silicon Valley of Europe despite having one of the highest tax rates in the world?
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United Kingdom , San Francisco , United States , Peter Carlsson , Sebastian Siemiatkowski , Anders Ygeman , Sarah Guemouri , Silicon Valley , Bay Area ,

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 ....

New York , United States , United Kingdom , City Of , San Francisco , Noord Holland , Jeppe Zink , Peter Carlsson , Sebastian Siemiatkowski , Gohar Avagyan , Sarah Guemouri , Yusuf Ozdalga , Colm Fulton , Organisation For Economic , World Bank , Digital Development Anders Ygeman , Klarna Bank , Supantha Mukherjee , Economic Co Operation , Silicon Valley , Bay Area , The Taipei Times , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் ,