We finally have a big exit in Iceland for a startup that started it all in the Genetics space. This is the kind of stories that will bring attention to the fact that entrepreneurship and building companies in Iceland is not such a bad idea. I hope the people who cashed on this exit re-invest the money back in Iceland in young entrepreneurs and startups. I believe this is the only way to build equity in a society. I have written about how value is created and despite all the challenges that faced DeCode they were finally able to make an impact in this space coming from tiny Iceland.
Related articles
- The Icelandic Success Story (azizonomics.com)
- Global Startup Community To Converge at First Ever Startup Iceland Conference on May 30, 2012 at the Andrews Theater in the Ásbrú Enterprise Park (Keflavik), Iceland (prweb.com)
- UnConference, Capitalists Dilemma and Return of the Capital Intensive Startup (startupiceland.com)