The naked truth about business in Estonia: Estonia isn’t ‘the Silicon Valley of Europe’ — Invest in Estonia
Estonia has been repeatedly compared to Silicon Valley. Sure, Estonia has a vibrant startup ecosystem and close connections to Silicon Valley — but we are still different. Estonia’s strengths are Silicon Valley’s weaknesses — and vice versa. We’re the Estonia of Europe – and that’s fine by us.
As Estonia’s largest tech conference Latitude59 approaches, we entered something known as the ‘sauna state of mind’, opening up about taboo subjects and uncovering the naked truths about startups, tech, investing and doing business in Estonia. Some people have compared Estonia to Silicon Valley – including others, BBC News and Deutsche Welle. Sure, we have a vibrant startup ecosystem and we value our close connections to Silicon Valley — but we really couldn’t be more different. Estonia’s strengths are Silicon Valley’s weaknesses — and vice versa. Silicon Valley has a huge economy of…
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