Eric Lagier co-founded and is a general partner of ByFounders, a 100 million Euro venture firm focused on Nordic and Baltic startups. As you grab your map to find where the Nordics and Baltics actually are, think about this: Since 2013, 41 startups built in Europe are now worth more than a billion dollars. (These are known as “Unicorns”, a term coined by Ailene Lee of Cowboy Ventures). Even more extraordinary is the fact that 10 of those 41 are from the Nordics. So an area comprising of 4% of Europe’s population has generated 25% of Europe’s Unicorns. This includes companies like Unity, Spotify, Just Eat, Sitecore, Klarna, Zendesk and Tradeshift among others.
Yes, a lot of numbers! Join us as Kent and Eric talk about why such huge outcomes occur in Nordic countries, and what cultural differences define the Nordics vs. the U.S. Learn who is behind ByFounders, how the fund came together and more.