Building Companies from the Baltics and Beyond | Transferwise & Bolt | Slush 2023

Learn from founders of Transferwise and Bolt as they share secrets to building successful companies from the Baltics and beyond.

Key takeaways

Building a company requires resilience, adaptability, and a willingness to learn from failures
Estonia and the Baltics have a unique entrepreneurial ecosystem that enables companies to grow rapidly
Talent is a crucial component, but so is the availability of capital, regulatory environments, and a supportive government
Building a company requires focusing on solving real customer problems, rather than trying to replicate what others have done
Investors need to be more ambitious and take more risks to support startups
Regulatory environments need to be more supportive and flexible to enable innovation
Building a company requires a strong team with the right skills, drive, and motivation
Ecosystems get a tremendous acceleration after the first success stories, which inspire others to follow
Founders should be open-minded and willing to adapt to changing circumstances
Availability of capital is crucial for companies to scale and grow
Celebrating successes and sharing stories of entrepreneurs who have done it before can inspire others to follow suit

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