Thoughts On Iceland And Its Startup Scene
I'm in Reykjavik, Iceland, hosting an ArcticEvening event for the local startup scene tonight. I thought I'd do a little write up of the thoughts and discoveries regarding the startup scene up here. First of all, to put things into perspective, you need to understand the size of things we're talking with. Iceland has a population of around 320 000 people and that's scattered across the island. On the other hand, they're a relatively wealthy bunch of people, despite the current economic crisis, with a GDP per capita a little over $40 000 USD for 2008. Talking about the econmic crisis, it is definitely the biggest subject in discussions these days. On my way to meet up with some local entrepreneurs last night, the cab driver said that he's sure there will be something happening in the coming months. According to him, "regular people are tired of paying the mess of the large companies." I can understand his rage completely.
