I delivered this overview of the Baltic and CEE startup climate at the TechCrunch Nordic meeting in Stockholm on May 27. Thanks to Vlastimil and Steve, who contributed their insights to my presentation.
Two key findings from the event:
- Even Scandinavian startups struggle with breaking out to the world, having much better technical and production than sales and marketing talent there. The few that do, often have US people or previous experience from US as part of the team.
- The Scandinavians still view CEE countries as something strange and distant, even when we do a lot of cross-border business together. What’s more, even Finland and Sweden are very distant from each other and there is almost no cooperation.
If someone would like to hear more about Baltic startup web and product development opportunities, feel free to get back to me. Besides our company there are tens of great software development companies, small and large, and hundreds of great private developers available.