Trade war|Timo Ahopelto, the founding shareholder of Lifeline Ventures, recalls that the elite of US technology companies is behind Trump. It may know difficulties for European technology companies.
The abstract is made by artificial intelligence and checked by man.
US President Donald Trump’s duties make it difficult for start-ups and funding.
Riikka Pakarinen, CEO of the startup community, says that 70 % of the exports of member companies are service exports that duties are not directly affected by duties.
Lifeline Ventures Timo Ahopelto warns that the situation can escalate into a light technology war between the United States and Europe.
US president Donald Trump The customs duties increase prices that lead to slowing down consumption, international trade and economic growth. This shock of global trade results in an almost certain recession. It makes it difficult for early growth companies, but the effects of companies are very different.
This is how members of the Finnish startup community evaluate the situation, says the CEO of the organization Riikka Pakarinen the answers to the Membership Quick Questionnaire.
Startup community Approximately 70 % of the exports of companies that are members are intangible service exports that are not directly extended by the Trump freight trade.
The most likely consequence of the disclosures and subsequent share ratings is that the new risk money for early growth companies is more difficult to collect, Pakarinen estimates.
The European Union’s potential newcomers, which could target US technology companies, are concerned about membership, as many growth companies are dependent on the services they provide.
Startup community Chairman of the Board, the founding shareholder of the Lifeline Ventures Fund Timo Ahopelto says the rise of 20 % prices is as much as catastrophic for many companies if the local competitor does not have to pay the corresponding expense.
“When the elite of all technology companies in the United States is behind Trump, the effect can be other than prices.
Ahopelto says he or she believes that twenty percent duties cannot be in force in today’s world.
Still, for example, the intelligent firm Oura has already made investment calculations on whether production would be cheaper in the United States, says Ahopelto.
Lifeline Ventures is one of Oura’s anchor investors.
Now Oura rings are made in Mexico, Estonia and Finland.
“Let’s calculate what the transfer of production costs, what is the cost difference and what is the length of the customs. I do not believe that duties are long -lived.”
Oura’s smart ring.