Finnish start-ups rise from Nokia's ashes

For many, Finland and Nokia were synonymous. And when in 2012 and 2013, Nokia shed 24,500 employees and sold Nokia House (and its mobile phone division to Microsoft), they called it the "Elopcalypse" after then-chief executive Stephen Elop. But the sinking of Nokia has led to an explosion of start-ups, as a skilled workforce jumps ship and begin businesses.

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