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Some are calling this place the 'Silicon Valley of the East'

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If you've never heard of Tallinn, you're about to hear a lot about it. This metropolis is the capital city of Estonia, the tiny Baltic Country with a population of 1.3 million people that sits right below Finland and next to Russia. And now it's making waves in the tech community.

Because of the country's taxpayer subsidies and ability to start a business online, Estonia has become a hotbed for young innovators looking to go into the startup business. It comes in at No. 9 on the Economic Freedom World Ranking thanks largely in part to its simplified tax system.

Sometime ago, we tried to calculate how many companies had ex-Skypers in them, and I think it was over 100 startups.
—Dimitri Mikhailov, Skype Senior Developer

Estonia has only been an independent country for about 25 years, but it already has a few success stories up its sleeve.

Circa spoke to the CEO of Skype Estonia and one of its senior developers. They say that Estonia's people are what makes the difference because they're "good communicators" by nature.

[Skype's] proof that you don't need to be in Silicon Valley to do something big and change the world.
—Dimitri Mikhailov, Skype Senior Developer

Of the Baltic countries (Estonia, Lithuania, and Latvia), Estonia has the most startups and almost half of the total for the three countries, according to Arctic Startup's 2015 survey.

With heavyweights like Transferwire and Taxify, Estonia also outdoes its neighbors when it comes to funding.


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