When you start to count Estonian startup companies, you’ll soon realize that the fingers of two hands are enough to count the number of companies that are successful or close to being successful. Still, there’s no arguing that they are quite many when compared to population of 1,34 million. Hashtag #estonianmafia, which has lately had some Twitter buzz,  might be the best recent example illustrating the success of Estonian start-up companies. It was first introduced in September, by venture capitalist Dave McClure at the introductory day of Seedcamp, who brought attention to the fact that there were four strong Estonian teams among the 20 final contenders.

Watch the full video report on Estonian entrepreneurship, start-ups and business climate in english from NHK WORLD, Japan here:

 Estonia's Entrepreneurs