Tobias Bengtzén
General Partner at Antler
12 Nov 2025etn. Episode 9
1:29:3026 min
Antler's Tobias Bengenstahl on Stockholm's boom, going global & Jantelagen
Antler GP Tobias Bengenstahl introduces the firm — roughly $1.4B under management across 30 locations plus a Nordic pre-seed fund — and frames Stockholm's third tech wave (Skype, then Spotify and Klarna, now Lovable, Legora and Tandem Health) as the most optimistic moment in a decade. He lays out three ways for European founders to win — build global from day one, go to the US fast, or build a genuine regional moat — while warning against invented 'Europe is special' moats. He also unpacks Jantelagen's double edge, the Nordic student-loan system that lets young people take risks, and how his own company Memoed going from a $100M valuation to zero shaped him as an investor.