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bobbytran | 6 years ago

It's very difficult to actually grow a company in a country like Sweden because of the regulations and taxes you are required to pay after a certain amount of employees.

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gamblor956|6 years ago

I would rather pay employees a living wage as part of a sustainable business than deal with the hypergrowth VC bullshit that destroys entire market segments with nothing to show for it except ruined lives after the startups finally implode.

bobbytran|6 years ago

There will be no sustainable business. Regulations and taxes strangle your business before it gets to that point.

If you look at the business landscape of Sweden, it mostly consists of large multinational corporations with bases outside of Sweden (IKEA is a good example of this) and government jobs.

It doesn't leave much room for individuals wanting to start a business and actually having an chance at success.

piva00|6 years ago

Do you have some data to share to back that statement?

Frost1x|6 years ago

Perhaps that's a good thing.

nine_k|6 years ago

So goes the Sweden's GDP and tax base.

BTW Ikea is no more operating primarily from Sweden, partly because of these reasons.