We are very proud to support the Startup Iceland conference which brought together a large group of Icelandic and American investors and entrepreneurs to explore ways to work together to strengthen the Startup eco-system in Iceland. We heard one American venture capitalist call this approach “coopetition.” The atmosphere was quite electric and the synergies between Americans in cities such as Portland and Boulder and Icelanders were quite encouraging. During a roundtable discussion between American and Icelandic investors at the residence it became quite clear that Icelandic startups have enormous potential to develop world beating products and that partnerships with American counterparts are key.
