Europe's hottest startup capitals: Stockholm

Four times a year, a hundred or so entrepreneurs and a handful of venture capitalists meet at a secret location in Stockholm to play poker. "It's a closed group and only by invitation," says Kristofer Arwin, the founder of PriceRunner and TestFreaks, who started the event out of his office four years ago. "We were 20 entrepreneurs. Now there are about 160 in the network." At the most recent event, Spotify's chief product officer Gustav Söderström rubbed shoulders with boo. com founder Enrst Malmsten and Lea Bajc, a hyperactive venture capitalist. "You become friends with these guys," says Arwin. "All these people have got to know each other and have started new businesses, and become investors in other businesses, pretty much because they got to know each other in these circumstances."

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