This tiny country's startups have raised a billion dollars in 2021. What's their secret?

  • 2022-01-04
A country of little more than a million people is churning out tech startups. Here's how they are doing it. Estonia continues to set investment records, despite being a country of just 1.3 million people. In the early 2000s, Estonian software engineers Ahti Heinla, Jaan Tallinn, Priit Kasesalu, and Toivo Annus teamed up with Swedish entrepreneur Niklas Zennström and Danish entrepreneur Janus Friis and built VoIP telecommunications service Skype. After quickly gaining international success, the company was sold to eBay in 2005 for $2.6 billion, giving the Estonian...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section