Nokia’s collapse turned a sleepy town in Finland into an internet wonderland.

(…) the Nokia layoffs took two key resources—concentrated talent, and intellectual property—and spread them across the region within Finland, like a child blowing the fluff from a dandelion. According to the city government, in 2017 alone, Oulu became home to 1,175 new companies, many of which were started by or employ the talented engineers previously been at Nokia’s helm.