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…

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…

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…

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…

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…

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…

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…

Emotional at work

Looking at the future of work, I am convinced that those who can nail the emotional intelligence and belonging aspect of work in a working-from-home environment will be onto something truly amazing. Why? Because no matter how much I think about it, I still can’t see anything other than the current fascination with working-from-home as…

Startup learning from ‘P.S. I Love You’

The Danish Heart Foundation just announced that they are closing down their youth-oriented dialogue website ‘P.S. I Love You’ a mere 3 months after launching it in May. ‘P.S. I Love You’ have been surrounded by a lot of controversy focusing on working with alternative, holistic thinking partners at odds with the foundations of the…

Your ego is (literally) killing you

Alex Danco wrote a stellar blog post a couple of weeks ago about the Freud moment of the Covid-19 pandemic seen from an American perspective. In it he argues that the reason why the US is struggling so much with the pandemic is because doing all the right things to stem it has been positioned…

Lies are free

Nathan Robinson from ‘Current Affairs’ has an excellent opinion piece out, where he argues that the big problem with paywalls is that while you’re keeping quality knowledge and information behind bars, fake news remains in the open and free. Wow! Think about it for a second; as traditional publishers of information, content and news are…

The WFH degree

Today Danish applicants for higher education get a letter saying whether they got into the education and institution of their dreams. Or not. I don’t envy them. Back when I studied at the Danish School of Journalism it was good times. No need for a grade point average; a grueling Saturday test decided who got…

The WFH problem

The other day at work we were discussing a whole range of potential themes to dig more into, as the fall approaches, and we’re taking on exploring new, interesting ideas. One of the themes, we of course quickly came to discuss is “Work From Home” (WFH) as a general trend. I don’t think I need…

Go for subscription, Twitter

Twitter is reportedly exploring adding a subscription model to their offering. Good for them! However, they should go full throttle and turn Twitter into a full blown subscription product with no free tier. Why? First of all, my bet is that there is a great willingness to pay from those who see Twitter as a…

New life to dead markets

Dead Sea Markets. A fascinating term. A term that suggests a market that has pretty much killed every entity in it (due to various reasons) but could still serve as a fertile ground for new entries and perhaps entire ecosystems. Why is it so fascinating? Because it essentially provides a ‘firehose’ option. An option where…

Insight is value

People inside and outside the media industry are starting to take notice of the value of quality content; content that people are actually willing to pay for. Hooray! Better late than never, I guess. And yes, this goes out to you late bloomers in the media industry, who are finally getting around to the idea…

TikTok and a lot of…nothing

What does a Trump rally, TikTok users and startup tactics have in common? They are here and now – and there’s not necessarily a grand plan for how to move on from here. When I saw that apparently a viral TikTok prank of securing tickets for Trumps rally in Tulsa and then (of course) not…

Come on, lean in!

Yesterday I went for a summer get-together in my VL network group. Over a super nice summer meal, the discussion was flowing and we got talking about some of the things that you don’t normally find yourself talking about. One of the discussions I was a part of was a discussion about what defines the…

Willingness to pay…for what?

A new study from the Reuters Institute at Oxford University has found that there seems to be a co-relation between users with media subscriptions like Netflix and Spotify and the willingness to pay for online news. Naturally, legacy media executives are already starting to misinterpret the findings to fit into their own worldview. A willingness…

Media should take some cues from MedTech

The other day I was asked by Lars K. Jensen to contribute 3 tips on digital development as it relates to media to his weekly newsletter, ‘Digital Ugerevy’. Naturally, I obliged and delivered as I try to do every time a good friend of mine asks for a piece of advice or some input. And…

Better is better than cheaper

It is always interesting reading the newsletter of Benedict Evans, former Partner at Andreessen Horowitz. Especially his essays. One of the latest, ‘News by the ton’, about the challenges of legacy media has an enlightened graph based on Google Trends that shows that over time, internet searches has moved from looking for ‘cheaper’ towards increasingly…

Ego eats impact

You either love life or you are afraid to die. That’s how a Danish politician tried to frame the peoples response to Covid-19 on Twitter yesterday. Naturally, it is both a false, primitive and superficial way of putting it. I could just as well say that there are those that are full of themselves and…

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…

The Nirvana of Netflix

The new policy of Netflix to automatically cancel accounts that have been inactive for a long period of time is worth applauding. Everybody in the subscriptions business knows that what you really want is for customers to get into a subscription and then – hopefully – forget about the ongoing billing relationship, until the credit…

Cakes, taxes and value

I come from a small town in the Western part of Jutland and aside from red sausages (don’t ask) I was brought up on really good, traditional bakers bread (and it showed). For the same reason, I have always found Lagkagehuset to be almost a profanity. I mean: How can someone set up a chain…

Turn on the jets

When the shit hits the fan, you have got a choice: You can either panic and retreat. Hastily. Or you can grab the sword and fight your way out of it and count on that the other guys will choose option one and just head for the hills. On that note now is the time…

This is real leadership

What is the difference between leadership and management? A manager is someone making sure you cut your way through the jungle. A leader is someone who makes sure we’re in the right jungle to begin with. We’re in a time of crisis. Managers are busy making cutbacks, weathering the storm and looking at whether to…

The FANG virus

Nothing is so bad that it isn’t good for something else. If you’re an investor in FANG stock – Facebook, Apple, Netflix and Alphabet (Google) – and potentially Microsoft as well, you will probably have one eye on your portfolio, which is doing pretty well and have recovered what was briefly lost. The other one…