Tero Sarkkinen of Futuremark at MindTrek

I asked Tero Sarkkinen, the CEO of Futuremark, what the 11-year-old Finnish startup is all about while visiting at MindTrek, Finland.

Tero spoke to me about Futuremark's work, which is centered on 3D graphics. He also shared his thoughts how the company went through the previous dot-com bubble and on the current gloomy economic situation and how it might resonate for the startups.

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dee, October 09, 2008

Sorry, had to post off-topic comment, but "11-year-old start-up" just ... dunno, doesn't sound exactly right :-) I think we have banks in Finland that are younger than that and nobody calls them start-ups either :-)

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vesterinen October 10, 2008

dee,

Good point.

Why I labeled Futuremark a startup, after talking to Tero Sarkkinen, is because of their continuous efforts to sustain a startup culture in the firm for example through selective recruitment.

In general, the debate about the point at which a company ceases to be a a startup is an interesting one. I want to believe that regardless of the age of a company one can cherish a startup culture, risk taking and give people the needed freedom to break some rules if they see a lucrative opportunity for a new product that they strongly believe in.

Having said that, this may not mean that a company should be labeled a startup.

What do you consider a startup?

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pete, October 11, 2008

start-up or startup n.

1. The act or process of setting into operation or motion.
2. A business or an undertaking that has recently begun operation: grew from a tiny start-up to a multimillion-dollar corporation.

So basically I think if the company has proven itself already in the markets by operating several years, it is not anymore considered as a startup.

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vesterinen October 11, 2008

Thanks Pete. A valid description but is it the only one possible? Can a company be a startup only because it embodies a startup culture?

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Tero Sarkkinen, October 14, 2008

It all depends on one's perspective. I think in Finland Futuremark has already entered medium size company ranks according to some "old school" industry classifications. Yet I still consider Futuremark to be very start up minded and having a strong start up type of company culture.

Perhaps the most appropriate category would be that of a growth company. Anyways, I am always happy to contribute my learning and experience to folks at all companies who are serious about growing internationally be those companies just recently founded or a little bit longer in their development.

Cheers,

Tero

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