What if Scandinavian startups don’t need Y Combinator?

When to Change We wrote about Sweden’s beginning scene on the finish of final month, saying we might be visiting the Scandinavians once more this week. Effectively, the phrase is the phrase.

However after spending hours watching YC’s Winter Demo Day 2023 shows this week, we could not assist however join the dots: Are Scandinavian startups making waves at Y Combinator? Apparently, not likely. And that is truly attention-grabbing.

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Two: That is the variety of startups in YC’s final batch with places of work in Denmark, Norway or Sweden, primarily based on knowledge from the accelerator itself. Nonetheless, these three international locations create greater than their justifiable share of ventures in comparison with their bigger European friends.

When you add that rival accelerators 500 Startups and Techstars have given up on their Stockholm program, a sample begins to emerge. May Scandinavian startups not want worldwide accelerators, thanks very a lot?

Disconnect a quantity

It could be a coincidence that there have been so few Scandinavian startups in YC’s final batch. YC typically insists on investing founders, not ideas; Presumably, this additionally implies that he does not put plenty of thought into his workplace places. Because of this, the variety of startups from a given nation could fluctuate barely from batch to batch.