The Memo

First rule of writing non-fiction online is that ending your headlines with a question mark is completely lame (and the question is usually easily answered with a “no”). However, this time around, this question is honestly something I’ve been thinking about over the last couple of weeks. I’m

Everyone somewhat involved with startups in Iceland knows of TDF (Technology Development Fund). The fund gives out grants to a lot of companies, and is the lifeline of many in the early stages. While some might argue that angel investments are lacking in Iceland, the TDF definitely takes part in

Startups and employee compensation Over the last couple of weeks I’ve had several discussions about the technical talent pool in Iceland. Some of them led to discussions about compensation schemes. One of the topics was employee stock option plans and whether they’re frequent or not. Personally, and anectdotally,

A record year in startup investments in Iceland Late last week, we published our annual funding report, summarizing the highlights in Icelandic startup and tech dealflow and funding. The highlights are the following: * Record in number of investments, 19 investments recorded. * Huge drop in total capital deployed, due to three

Innovation ministry releases report on startup financing From the ministry’s website: On the basis of the action plan for entrepreneurship and innovation, Initative and Progress, announced by Ragnheiður Elín Árnadóttir, minister of Industry and Commerce, in December 2015, a detailed mapping of the startup funding environment has been made.