A critical component of the entrepreneurial ecosystem in the U.S. is the mergers and acquisitions market. I’ve sifted through a number of studies and estimates, and it’s safe to say that the vast majority (over 90 percent) of the successful private company exits in 2011 and 2012 have been through company sale or M&A. (IPOs may represent a higher percentage of VC-backed company exits, but remember that only a minuscule proportion of all startups – even successful ones – are funded by VCs.)
What makes the M&A “engine” run, in a real sense, is the creative and innovative people on the big-company side of the fence who are constantly scanning the market for promising [...]
What reasons are there for Nordic tech startups to partner with a large Enterprise or Government and vice versa?
The Nordics have been leading the way in the innovation indexes for many years. It is a region ripe with some of the best talent found anywhere with a tech and engineering focus, and it’s the tech focus in the region that makes it a winning place to partner with rising Nordic tech superstars! Being a big advocate for the phrase “without data you are just another person with an opinion”, let’s look at the data to back up this statement. The following images and data sets have been drawn from a report made by Creandum
Average total of [...]
The inability of established firms to come up with breakthrough innovations is a truism today. It wasn’t always so. Joseph Schumpeter, the 20th century economist known for heralding the role of innovation in the evolution of society, argued that established firms were best positioned to innovate because of the resources available to them. Edith Penrose, one of the most prominent management thinkers of the 20th century, agreed.
It was the modern combination of internet and venture capital that changed people’s minds, by opening up a new source of breakthrough innovation: high-growth startup companies. With their appetites for high risks and returns, and no legacy systems or [...]
Compared to most other countries taking part in Reuters Institute Digital News Report, the national news media in Finland seem to have survived the digital transformation pretty well. People use digital sources for news more than in most other countries, their trust in news is more solid, and the sources used – even online – are mostly traditional Finnish media companies. The problem is not reaching people with news but keeping journalism profitable.
The Finnish media environment is characterized by a strong regional press. Daily papers are mainly purchased by subscriptions, often covering both print and online editions. The two national afternoon tabloids both reach over half [...]