On 16 September 2014, Vinge partner Eva Fredrikson who specialises in Technology & Outsourcing welcomed a large number of representatives from start-up companies to the Start-up @ Vinge event in Stockholm. This is the first event of its kind arranged by the Stockholm office for start-up companies.
“The Swedish IT phenomenon has been the subject of debate for some time and Stockholm is viewed by local media and politicians as an IT cluster. Over the last few years we have all read about the Swedish IT start-ups which started on a small scale but which have already grown into international companies. At STHLM Tech Fest last week we met representatives of several companies which could very well have a fantastic future, so there is plenty of confidence about future growth,” says Eva Fredrikson.
“The idea behind this event was primarily that it would be an opportunity for Vinge to meet talented entrepreneurs in a slightly more relaxed environment and at the same time we would have the opportunity to share our experience and knowledge of advising start-ups over the years. Our aim was to also give the participants a taste of how the law in this area can be an everyday tool in achieving their objectives; irrespective of whether it relates to employing a consultant, protecting their IP rights or procuring external funding,” concludes Eva.
One of the companies which attended the event was Co-owning. The company’s business concept is based around the digital phenomenon of crowdfunding in the real estate sector. “A very interesting and informative day,” says Samuel Brissman about Vinge Start-up Day. “We run an online-based crowdfunding portal for real estate investments. Vinge will undoubtedly prove to be a valuable partner in the development of our concept. Our motto is to make real estate investments available for everyone. Not everyone has several millions to create their own real estate project, but quite a few have a few thousand to invest. When you embark on changing a business sector it is important that you are well acquainted with the relevant legal aspects otherwise problems will arise which will detract from the primary focus on the business concept.”
“In Sweden there are no companies like Co-owning with its unique niche within real estate sector,” says Andreas Frydén. Even in Europe, crowdfunding for real estate projects is still in its infancy. It is more developed in the US, where the legislation is clear and enacted. It is thus a challenge here in Europe with so many countries and a crowdfunding legislative framework which is perhaps not as well advanced. It was an informative day. Among other things, it was interesting to learn more about the IPO process and the rules governing the treatment of personal data.”
From the left: Andreas Frydén, Erik Söderberg and Samuel Brissman.