R.I.P. Quibi

A mere 6 months after launch and after burning through a good portion of the 1,75B USD it had raised from investors, the short form streaming platform Quibi is closing it’s doors. Why? Because even if they were almost too big to fail they still managed to hit the one big pole, other entrepreneurs work…

Don’t be afraid

If you’re worried about bugging your potential customers, then you need to think carefully about what you’re building. Do you really believe in it? If you do, then you should never feel like you’re bugging anyone. Aaron Dinin, Is This a Warning Sign You’re Building the Wrong Startup Wise words. I have been guilty of…

Success-in-progress

I have a fondness for paradoxes. I find them interesting, intriguing and sometimes even amusing. One of the paradoxes is the one about working agile and lean while at the same time lamenting the lack of progress. Why is it that we often judge something that is work-in-progress as a failure because it’s not the…

Put yourself on the other side

Years ago I worked at Microsoft in an international role. I had a lot of dealings with US colleagues, and one thing that always puzzled me was how resistant they were to change or doing something differently. That lasted until someone explained to me that in the US, the time is takes from a boss…

MEET our new podcast

I am a super big fan of podcasts, and as for many other people, they are a daily companion on my commute to and from the office. Most of the podcasts, I hear have something to do with tech and entrepreneurship, and now there is a brand new, great one to add to the mix;…

Burning the Midnight Oil

“I work all the time.” It is one of the things, you most often hear from entrepreneurs trying to succeed with whatever their venture may be. And while in no way surprising, to me it has always been kind of puzzling. I am a guy who likes to picture things in my mind. And I…

Who’s your debriefer?

The documentary “The Mole” by Danish documentarist Mads Brügger about North Koreas dodging of UN sanctions is not only brilliant and important in its own newsworthy self. It also has an important lesson for entepreneurs. In the documentary the importance of the debrief is touted; when you have been undercover and alone for years, you…

Balance your foresight

When you build new products, you need to be a bit ahead of your time. You need to be on the lookout for trends that may emerge and have an impact on your product. What are the signals that suggest opportunities for you, and what are the signals that could put your product in jeopardy…

Mistakes are OK

When you venture into something new, you haven’t tried before and/or don’t have the faintest idea of where will end up, you are going to make mistakes. And probably a lot of them. The easy thing to do is not to venture anywhere, in the first place, because by doing nothing, you won’t make any…

When love becomes fatal

One of the things we’re constantly looking for, when we’re talking to potential co-founders, is the ability to fall in love with the problem, we’re looking to solve. Either straight off the bat – much preferred but rare – or as something to grow easily into. But is love of the problem always that great?…

Roadmap of experiments

When trying to understand a problem, it’s potential solutions and what you should build in the end, it is so easy to loose the big picture of what you’re doing and how that translates down to experiment by experiment that moves your product closer to something desirable. But it doesn’t have to be that way….

Talk code as non-coder

For quite a while I have been deeply fascinated with no-code platform Bubble. It’s immensely powerful in itself, and it allows no-coders like me the opportunity to dabble a bit into it and try to get an understanding for how code structure actually works. But it also presents another huge advantage: An improved ability to…

Just throw in the Xbox

…with Xbox Game Pass you not only get access to over 100 games, along with all of the other usual online services you might expect, but for an additional $10/month, you can get an Xbox Series S as well ($20/month for the more capable Series X)! Notice the framing there, which is the opposite of…

Go for the consumer

When someone in a startup tells me that they are going for the enterprise segment, I get a ‘gulp’ feeling. In fact the only thing that makes me more anxious is if the startup is going for the public sector. Why? Because it can be super tricky to actually sell what you’re doing to them….

Prepare for the digital health struggle

If you had the need for a piece of advice from a doctor, would you launch a super-app like WeChat to find one who could help you? No matter what you say you would do, it is already happening in China, where WeDoctor is part of the WeChat overall experience. And working to be available…

Customer loyalty during a crisis

A lot of people say that there is never a time as good to start a new venture as in a time of crisis. Maybe it’s true. I don’t know. But lets assume it is. What are the things that makes it different and perhaps even better? Normally, most would suggest that the reason it…

A happy note

Yesterday, a long time acquintance sent me a direct Twitter-message that made me really happy. In it he basically stated that it was great to observe from the sidelines the new things, I am involved in, and that to him it looked like, I had found a much better place for myself than was the…

Wanted: Co-founder

Want to have the opportunity to positively impact the lives of millions of people worldwide and help them increase their quality of life? Then maybe you should consider joining our new ambitious MedTech startup as a technical co-founder with an emphasis on software development. We’re targeting a really big problem using innovative patent protected technologies,…

94 minutes of doom

The other day I got around to watching the much talked about documentary “The Social Dilemma” on Netflix. And let me just say it straight up: Despite the dystopia and concern about our technological ‘progress’ it exudes, I highly recommend that you take the time to not only watch it but also to really absorb…

Solving pay-day-loans?

Pay day loans are one of the greatest scurges of modern day finance; overcharging poor people for access to quick and often necessary capital to get by from day-to-day. But is earnings-on-demand – live access to your pay irrespective of the monthly pay day at the end of the month – really the answer? While…

Trello and OKR

When trying to build a startup ground up, there are a ton of different tasks that need to get done. And keeping track of it all is essential. But how do you do that efficiently? For me I have resorted to using a combination of Trello and OKR. We use OKR’s to define our objectives….

A roadmap of experiments

Currently, one of the things I am trying to do on our new MedTech venture is to build a roadmap of experiments to run before we get to the MVP itself. Why am I doing that, you may want to ask? Because I think it is super important to do whatever it takes to make…

The real magic of Disney+

Disney+ launched in Denmark yesterday. By 6.45 AM I had it installed on 2 devices and our Apple TV at home. That’s how much I have been looking forward to the launch. And yes, I saw the first two episodes of “The Mandalorian”. But aside from being a cool service in itself with an abundance…

The negative value proposition

Is creating value as a startup with something new always inherently positive for everybody concerned? Maybe not. What if part of the value creation you offer is to help take away the uncomfortable pain of someone having to confront someone else with a problem, the first one really just want to be rid off? Is…

Coop goes startup?

It is not every day that you have a startup employing 110 employees 2 months after incorporation. Nonetheless, that’s the case of Danish startup Lobyco. As often before the devil is in the detail, and calling Lobyco a startup per se might be a little far-fetched, as it’s a fully owned subsidiary of Danish retail…

Go challenge success

Often when we think about which new projects to pursue, we have a tendency to stay away from the ones, where there are already some really dominant players. Because we have a feeling that we will ultimately come up short. But is that always the case? What happens when someone you know from a successful…

Cakes, laptops…and news

Despite every intention otherwise, I keep returning to commenting on the industry, where I got my education and served a significant part of my career: The media industry. I just can’t escape the fact that I get almost emotional every time someone within the industry makes an argument that only serves to prolong the suicidal…

Idea or execution?

Rocket Internet, the famous German copycats of popular digital services, is delisting from the Frankfurt Stock Exchange. This has prompted some to claim that their time is up, and that their model of copying others successful ideas was never a viable one to begin with. But that’s totally not true. Zalando alone is amble proof….

Corona thoughts, part 9

So, we’re back in Covid-19 territory. The numbers are going up in the greater Copenhagen area and as such many have been requested to go back to working from home, not meeting physically etc. It was a pain the last time. And it’s a pain again. But for me a different kind of pain. First…

Mindmapping rules

I have become a big fan of mindmapping. And specially the application SimpleMind Pro for Mac. When you have a lot of ideas, keeping a hold of them can be super tricky. This is exactly where mindmapping comes in handy; with the right application if allows you to structure your thoughts at more or less…