The aim of this chapter is to unpack how Brexit influences small states in Europe. The main argument is that while all small states are negatively affected by the British decision to invoke Article 50 of the Treaty of Lisbon and thereby to effectuate the outcome of the British 2016-referendum on EU-membership to leave the European Union, some small states are considerably more affected than others. As a result, small states are likely to pursue different strategies to meet the challenges following from Brexit. The most prominent among these strategies are hedging, hiding and seeking shelter.