Tobias Bengtsdahl

Tobias Bengenstahl (Antler) on Stockholm's Third Wave

Antler GP Tobias Bengenstahl, wearing his famous linen blazer, outlines the platform: $1.4B under management, 30 locations, and his Nordic fund across Stockholm, Oslo, Helsinki and Copenhagen. He frames Stockholm's boom as the third wave after Skype and Spotify/Klarna, credits Lovable's Anton for lifting the continent's ambition with trillion-dollar talk, and notes US funds like a16z and Sequoia now hunting locally. He breaks down his three ways to win — build global from day one, go to the US fast, or make the region a genuine moat like Tandem Health — defends Jantelagen's flip side plus the Nordic safety net enabling risk-taking, and says his battle scars from Memo's $100M-to-zero ride are his edge as an investor.

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