It’s all about People

Yesterday we finally unveiled what we have been working on for months; the launch of our brand new Venture Capital firm, People Ventures.

So why am I so excited about that?

First of all because it is a validation of how we have been operating since 2018; backing great visionary entrepreneurs not only with money but also with resources and people to help them achieve more and move fast forward with their businesses.

It is a very active approach that we have seen very positive results from. So it made a ton of sense to focus even more on that and just double down on helping even more entrepreneurs succeed.

And then it’s just such a cool name that truly captures who we are, and what we’re about: People.

Nobody succeeds without great people.

If you don’t have great people to help you out, even the best of ideas will most likely tank.

Great people can combine to ensure that even something that might not be the biggest thing since the invention of sliced bread can become a spectacular success.

And great people take care of each other when things hit a sour patch – as they will every once in a while – to ensure that emerge even better on the other side. That shouldn’t be neglected at all.

And we won’t do that at People Ventures.

(Photo: Private)

It’s been oh so quiet…

Q1 of 2021 is behind us, and I have ‘celebrated’ it by being quiet around here for almost a month.

The reason is that I have been busy doing other things while trying to recuperate.

On the personal front, me and my girlfriend have decided to build a new home where our existing home is. That means tearing a house completely down, finding a new place to live while the building project lasts and – not least – settling on what the new home should be like.

Let’s just say the amount of choices, stress and anxiety is daunting. And then all at once. I honestly can’t recommend it to anybody, but it’s something you first realize when you’re deep into it. But the end result will be great. I am absolutely sure of that.

On the professional front I have been licking my wounds after a MedTech startup I worked on for the past year chose another direction that sadly didn’t include me. Despite building the case, securing early funding, getting the IP in place etc, I placed a lot of trust where it wasn’t warranted, and I got seriously burned from it.

Actually, I would rank it among the Top 3 professional disappointments of my life. Yes, it hurt that much. I guess it is one of those tough life lessons that you analyze at a distance, learn from and emerge stronger and better on the other side.

Speaking of the other side, I am in the process of getting back on track and up to speed. There is a lot of work to be done and lots of exciting projects and opportunities to work with my great colleagues and help the startups, we work with, succeed.

It’s challenging, fun and super, super meaningful – just how I like it. And who knows what might happen in the Q(‘s) that follows?

Bring it on! Upwards and onwards!

(Photo: Pixabay.com)

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;

inQvation (where I work, full disclosure, ed) has launched a new podcast called MEET, where my brilliant colleague and general partner of inQvation, Christian Tost, talks to different inspiring entrepreneurs about their startup stories, challenges and victories along the way and – most importantly in my opinion – what they have learnt during the journey so far.

The first guest is Frederikke Schmidt of roccamore. While I am not personally into the fashion business at all, Frederikke is super inspiring to listen to for every entrepreneur setting out on the rough seas of entrepreneurship, and Christian asks her some really good, thoughtful questions.

Give it a go and make sure you add MEET to the podcasts, you subscribe to. You can find it on Apple Podcasts here. It will be worth your time.

NB: The podcast is in Danish.

(Illustration: inQvation)

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, and we have already got the initial funding in place.

But we need YOU!

Who are you?

You’re an experienced software developer with a knack for developing apps and a few interesting and successful projects under your belt. You’re equally dedicated to the quality of your work, building a team to help you build it – and making a difference for our future customers.

Why co-founder? Because we want you to share the journey with us. And ultimately be very successful together. And yes, you will be compensated for it too.

Want to know more?

Book a slot for us to have an informal chat about the opportunity, you and why we might be a match made in heaven.

(Photo: Pixabay.com)

Launching “A Helping Hand?”

Today, inQvation and a bunch of other leading Danish VC’s are launching the initiative “A Helping Hand” aimed at helping the Danish startup ecosystem through the consequences of Covid-19.

The idea is as simple as its brilliant: Apply and receive 30 minutes of free advice from industry VC experts on how you make sure that your startups make it through this unprecedented crisis.

The initiative reflects in a super positive way on how we think and work at inQvation. Whenever we engage with a startup we do it not only with capital capital but also with human capital;

Expertise and a helping hand in trying to help the entrepreneurs, we work with, become as successful as (in)humanly possible.

Or as we put it:

We. Help. Entrepreneurs. Succeed.

No matter, who you are, what stage you’re at, what industry you’re in and what your Covid-19 related challenges are, apply today for free advice from people who have seen and experienced more than most – and are there to help.

It’s an offer too good to pass on.

(Photo: Pixabay.com)

Hello launch pad!

Yesterday was a super important day for our inQvation Studio-team; it was the day where we got the final formal board approval for our first spinoff.

While it has been in the works for a while (and we have been recruiting for the team for some weeks now) there is always something special about getting that formal mail saying “GO, GO, GO!”. It is definitely one for the archives in the best possible way.

It has been a little over a year since I joined the tiny Studio team (2 people, including me) to help turn great ideas into promising startups. The journey to this point has not been straight forward at all, and we have tried numerous approaches and learned a lot.

But we made it to the launchpad. And for inQvation Studio that’s what matters; we made it from a blank sheet of paper to actual startup.

In order to get there we have, as I mentioned, been forced to try a lot of different approaches to figure out how to do it, as we went along. You can obviously take a lot of inspiration from how others have approached it, but there is a big difference between reading, thinking – and doing. And I do think that you have to go through the steps yourself to really get it under your skin.

Did everything work? No. Was everything – in hindsight – the right things to do? No. But we kept pushing, kept learning. And we moved forward. One step at a time.

I am a big fan of rocketry and the history of NASA, and one of the most inspiring stories ever to me is the story about the race to the Moon back in the 60’s.

What’s important is that it is not only a story about rockets and astronauts. It is a story about vision, courage, the will to go the extra mile and figure things out as you go along. About bold ideas and early test rockets exploding at the pad setting the big project back. About resilience in the face of adversity. About overcoming doubt. About picking yourself up time and time again. And – most importantly – every little success that made the giant leap possible.

We’ve now arrived at the launch pad. Now the real work begins. There is a lot that needs to happen and go well, before we can light up the candle and head for the Moon. And the journey to the Moon is long and fraught with danger. Stuff can go horribly wrong.

But MAN! The view upwards towards the clear skies above and beyond the launch pad is just beautiful!

Onwards and upwards!

(Photo: Pixabay.com)

I am looking for YOU!

Do you have experience in Product Management and – preferably – in MedTech? Then maybe you’re the one I am looking for to join our new MedTech X-startup at inQvation Studio?

I am extremely passionate and excited about this project. I have been working on it from different angles for months, and it is a super interesting case:

We have a big interesting problem, we’re addressing, in a space where there are no good solutions today. We are working with a team of experienced scientists on some potentially breakthrough-technology. And we are putting a killer advisory board in process.

I have worked on a lot of different things over the years, and I can safely say that this is by far the most interesting, worthwhile and challenging thing, I have ever done – in every good way.

It makes a ton of sense and feels 100% right no matter how I look at it. And we have a unique opportunity to make a real difference in peoples lives. No kidding around.

Sounds interesting or even exciting?

Take a look at the job post here: http://inqvation.dk/headofproduct

Or better yet:

Book me for a chat right here.

I look so much forward to hearing from you.

(Graphics: inQvation)

Back in the office!

Today is my first day back at the office for more than a month due to the corona pandemic. I have walked my kids to school and kindergarten (and I feel confident that they will be totally fine), and I feel like cattle being let loose on the meadows after a long winter indoor.

Much is being said about remote work being the new style of play. I don’t buy it. It is not for me. Both because I need the separation between work and home, and because I have found it very hard to do the job, I do, efficiently from home.

I realize you may feel differently. And I also realize that if your job entails a lot of communication, answering emails, crossing of tasks and talking on the phone, working from home may be just what the doctor ordered for you. But if you’re trying to develop new business(es), create relationships, get people onboard with exciting new ideas, concepts and businesses, there is no substitute for being able to get out of the building.

(Photo: Pixabay.com)