I have lend the blog to a young mann who is the first of 10 guys I have meet in Copenhagen with a pretty cool new religion. This is pretty crazy shit – I have no idea what it means – is it socialism or brainism or just pure logic sense – to adjust your lifestyle to your real dreams – and not be polluted by materialism? Let me note the only SURE TRUTH about startups I learned (from my friend Stephan Ekbergh): “The only thing that can kill a  startup – is running out of cash!”. END.

Aron Allen has the word:

My monthly expenses are as follows:

Aron

Im pretty very sure that every single consumer FACING BUSINESS will change. And Im sure that it will happen faster then we can imagine – since the way people behave has changed 100%. Im impressed to see Facebook buying Instagram – and hammering a last seam in Kodak’s coffin.

What Does It Take

Look at hero #1 – Steve Jobs – watch some of his early videos. This guy was never a techie – for real – he was a visionary – who had no problem communicating to both Sales People and Techies. His partner in Apple – W – had a whole blueprint of a motherboard in his head – and he only had one shot at getting it produced. (Mistakes where not an option) – and remember all the crappy electronics we have today are less complicated – then what W had in his head…

The interesting thing is – that we need The SELFCONFIDENT EGO – who has the vision – to actually stand out and stand up – and SELL. THATs THE ONLY WAY FOR PROFIT WILL ARRIVE ONE DAY.

But we also need a Techie – who can understand business and technology and who can bridge all of it – and even do it structured so  that the future is not spagetti code..

Q & A

I got this question from an entreprenuers in spe:

So My Answer Is: NO WAY

 You need to fully understand all sides of the business – specially the tech part. And if you dont have a early partner who is a techie – failure rate is to high. I have to ad that – a CFO or a friend with Legal or Financial background will also bee needed… (And a lot more).

PS. Im talking about building  +$100mio companies. If you wanna sell ads and hustle a bit – by buying the cheaper then selling them – you dont need anything: Just a whitelabel platform and a hypersmootth sales team. (Remember thats how I  started – with Jimmy, Lars and Henrik – in NeatWork ;) – NOTE TO SELF: crap name – do not repeat.

(mostly interesting for Danish & EU citizens )

You can easily be very rich

Very rich – but not have a penny (in cash)…. Im in that situation – but don’t worry about me. Worry about your local society – your country
In Denmark is have seen the most insane example – and I have to say that I have very little hope for democrazy when the people who wants to spend there seems to be lame….

Stupid Fuck Up With Good Intentions

How did ATP (one of the largest pension funds in EU) and PFA (also pension fund) end up turning FIH Erhvervsbank (our only agressive commercial bank – or should I say: The only hope for any growth in GDP) – into a financial disaster when the business case made so much sense?

Entrepreneurs Needs Banks

Specially real entrepreneurs who made revenue and have to finance growth:) – But remember that funding is crucial to banks especially when having a deposit deficit. To get this banks needs a good credit rating which it the case for most major Danish banks. Small banks typically have lower ratings but this is not a big problem as these banks are primary funded via deposits.

This was where FIH was failing a year ago when ATP and PFA took over – lead by the absolute smartest guy I know living in Denmark: Mr Graven (clunky name :). FIH had a major deposit deficit (read not any significant deposits at all) and one of the worst ratings in the Danish banking sector at all. Therefore the bank had no chance of paying back the loans provided by the government. (Thank you Lille Lars & Helle).

Really Responsible People

Then ATP (the motherfu… large pension fund) comes in to the picture as one of the strongest financial institutions in Denmark. They took over FIH, put my hero, Bjarne Graven in to run it and the business case was crystal clear. Sudenly I had a little hope for the furture. Backed by ATP – the FIH would improve its credit rating – giving access to funding and the bank would be back in business. Who would it benefit? Investors in ATP (mening literally everyone in the country) and the entreprenuers and corporates lending money from FIH, which again has a positive spin off effect on the Danish society. That makes sense! I was so happy and proud to see that NOT ONLY DOES ATP – make one of the best returns in the world – they are also taking care of the business climate – despite a 3 year long winther. And Mr Graven – could prob have gone to any international bank and gotten 8-10mio€ a year – but he did a noble choice (prob because the wife and the kids didn’t like to move to NYC/London/Sing)

Then Someone Fucked Up

But what happened? FIH did not get the rating lift and ended up reducing corporate lending in such a brutal way that the Danish government now has intervened to make sure that FIH does not put Danish corporates out of business. That is crazy. What appeared to be a win for everyone (except the other banks fearing the competition) has ended up being a disaster and the government is now paying. Why did this happen – how could the politcal system lets this happen – while picking up the check from a endless number of banks going bust. why Why WHY – when we need it. Someone has to go in here and get it right. Our former primeminister – and a very smart mann (who unfortunately went on an insane crusade against capital fund structures)   – Mr Nyrup should put on his biking hhelmet – and start the bike now!!!

The question is why?

My guess is that once again the Danish financial legislation and bureaucracy shows its ugly face and kills a good initiate and destroys value for everyone! Cooooome on – The result is that ATP has not been able to give FIH the financial backing need for improving the credit rating.

It is time for a change even though I find it hard to see who will drive this!? Could we please redirect the outsourcing from the frozen cartoon figures in EU – to my friends and partners in Singapore?

NOTE TO SELF: Im writing  all this boring stuff - because  Tradeshift & My New Project can help Entreprenuers…

Im Changing Direction – Again

Tradeshift and Everbread are now runnin on their own – I dont have to be there every day. And I see 10 amassing startups every month – I cant stop myself anymore – I need to kick a lot of these guys in their bud – and help them to become global and succesfull. (PLEASE RT THIS TO DESIGN COMMUNITIES).

Im loosing it – in Design Talent

Im getting old – and I have lost my touch with the design community and the hackers – who are doing consulting – but really want to do thier own Agency or even better a Startup.

Keep Your Real Job (Clients)

If you are one of these Dudes/Duderinas – who are not spoiled by money yet – and who dont need anything but a MAC in your life. ( = You dont have very low cost of living). If you also understand that: This requires lots of late night work – since you have to be payed from your real job.

(If you are an existing agency – who wants on this movement – then you just invest X% of your pitching budget – easy peacy).

If You Can Do This Better

If you carry the belief that you can design there even better – make them look even coller then they are ( I love these sites)

Tradeshift.com / ZenDesk.com / Pinterest.com / JetSetter.com / New Vimeo.com

You must a a complete design junkie – or have one on your team. And you MUST BE admire Mint.com and GoodData.com – like you admire your best parrents.

Then Pls Email Me and Get On My New Projects List

And I will send a mail back with the rules. Since I have spend the time – whiiii – to do a pretty specific outline of the rules (and thats hard for me). Email: DesignIsEverything@lund.tv

PS. Three huggers and people who love this model – pls dont email me. I want to make money – its the only way to attrackt the best people. (Charity is something we do later).

PPS. Im also looking for a platform to run all this talent on… (Facebook Developer ?).

PPPS. And yes – am scared of overdoing it again – like when I went bankrupt – shit scared. But I cant help it.

Special note: To the hundreds of you who have asked to invest in my fund: I’m sorry – the paperwork to get this approved isinsane (it’s not legal to take money from normal people – only rich people are allowed – hmmm…).

Today, just a bit below, I will tell you the fastest way to become a millionaire—no guarantee that its fun, but rich you can become.

(I am so happy to have all of you guys following up on all my weird requests) – My blog and my twitter account simply makes me one of the fastest business developers in the world. And I can’t thank you enough. Crazy Crazy CRAZY things are happening and the next 2-3 months will change my life – again).

BASIC premise for this blog:
To start your own company or work for a really early startup – You must love change. One day you are about to close the company – next day you have the big deal signed and a company pays 27mio$ for a license to your software. Welcome to my world.

A. My Blog and Twitter

When Tradeshift was founded by Lanng and his friend/colleagues Gert and Mikkel, they got 40.000h of code from my twitter followers after my tweets (Note to self: I must find that tweet). Via twitter/Facebook  - because Im using it a lot – I have gotten a piano teacher, cool iPhone Apps, investments, nice restaurants that way…

B. I need Help (Again)

Well what’s help and what recommendations? I think I need a recommendation: Everything will be about DATA-DRIVEN recomendations – EVERYTHING. If you fix that – you will be very succesfull.  Remember when I said how to become rich above?

Anecdote: I went to see Chrix Dixon (we where kind of friends – but his IQ is my IQ-75% and his ego and mine are to alike so he stopped answering my emails). Never mind – he is one of the smartest (FOR REAL 360% SMART) guys in venture today and really cool. Well – I went to see him in 2009 about 12 months before he/they launched Hunch – and he explained how everything would be about recommendations – and how they wanted to build something smarter than 20Q.net where you think of something and 20Q will read your mind by asking a few simple questions (very interesting). I got seduced by his idea – and started researching a bit – but it did not turn me on. I could not see it – I did not really see the use for the comsumer (It’s one for the antiprotfolio)….. 2010 they sold to eBay for 80mio$ – bingo. And of course we can say now,  ”it was a super cool product”, “they got the users”, “they educated eBay/PayPal in their own need.”   BIG RESPECT.

C. Recommendations Is All

We need them. And now I ask you to recommend to me – all the recommendation startups and ideas you know ( ALERT: solid shit only . no dreams without technology- or market- proof behind).

Prefered people, teams, ideas:

1. You are an expert
2. You are deep into a weird niche (with lots of transaction i.e. payments, logistics…)
3. You are a team (can stop doing it)
4. You have 2-5years of real business experience in something boring
5. You hate that the huge company you work at – dont just fix that database – and make an API – so that your job would be 100x easier.
6. YOU ARE LAZY – and automate everything
7. You love alerts – and setup “alerts to self” all the time
8. You think Mark Zuckerberg will be the first Jewish Pope (Note to self: This is shit ass politically incorrect).
9. You are in bed with someone who has big data
10. You fundamentally believe in: It’s simple not easy.

I recommend for you

to do a startup in this recommendation space – NOW – or email me and my team recommend@lund.tv.   Remember when I said above that I’d tell you how to get rich? This is the real one. :-)

I dare to recommend this – because I know 3000% more about business software and enterprise software today (but I still feel like a freshman to the industry) – and I spend 20h a day with the hottest enterprise software startups in the world. And now I FU&#”€! NEED ONE ofr 2 projects – again because its ALL ABOUT Recommendations.

4. mail to recommend@lund.tv

So please let my know if you are into recommendations technology wise, business sector wise (grocery, books, sports.. whatever) -

Note To: Bizz Journalists

Everyone is speculating on Facebook going IPO. I have a very clear opinion on that: “Facebook is worth 2x Apple – any day – buy all the shares you can get – and lend money to buy more when they doubled in 3 months”. Facebook is Apple without hardware production – apples hardware will go to Samsung and the asian sons (Note to self: and daughters)… Apps and Payments  and Advertising and all business processes – from buying grocery, servicing your car to chatting with financial tax advisor – ALL WILL BE ON FACEBOOK in 2-3 years. Facebook is the next platform – we dont need anything else – just a browser. Some are Journalists are JALOUX that Mark Zuckerberg makes a gazzzilion – and some are worried about privacy. BUT FUCK THAT – its free – if you dont like it: GO AWAY – become or stay lonely. Facebook is helping us with democracy - and for me (since I have absolutely nothing to hide) FACEBOOK brings social relations back into play on a global scale. Small villages often has little crime – its stupid to rape someone if you know the parrents – and maybe FACEBOOK can lets us become a global village. (And yes there are lots of problems with bullying and racism- but its nothing compared to the upside). And every quater from now I predict that FACEBOOK will buy a recommendation engine (from me, You…) – :) (Note to self: Did I just use a smiley … thats gay … gay is fine with me – stop thinking about that…).

The Best Enterprice Software deals in the world.

I have Funds and Institutional investors from all over the world – trying to get in. And I get 2-3 emails pr day from private people who wants to invest small’er with the companies Im into.

Before dec 28 2011 – I will let everyone get a try – since thats more fair (this should be for everyone – not only rich peoples funds). And after seing how the banks fuck over many people in their investment advice – I have taken this decision to open up.

So if you want to invest in a mix of startups in Enterprise Software in the cloud – if you understand what I talk about. AND if you are fully 100% aware that you can loose your money faster then you can say “bank transfer”.

To those of you -

Im opening to a minimum 10.000€ pr investor – and all in all 500.000€.

I will not let you know what I invest in upfront – but the money will be put into things where Im VERY ACTIVE (I spend all my awake hours) – and I will mix it into all the new things I’m working on (not Tradeshift – its to expensive for non institutional investors).

In my super risktaking life – this is pretty safe – but dont put more then 2-5% of your fortune into this.

Send an email to MyLawyer@lund.tv – and remember that its very high risk. VERY. And you can never hold me responsible :) – its all up to you.

PS. I will not take y mothers money – thats how risky this is.
PPS. I would put my own money – if I was in the money.

Nearly All the people who have been visiting my house over the last decade more then 5 times – seems to be on steroids entrepreneurs . Most of the people I have know for a long time are Danish (and its off course easier to drop by – when you live in Denmark (where my 4 kids live)).

I made a drawing – while bored in a meeting – and my eyes nearly popped out when I starting looking at it – and understanding it. Most of my close friends are doing pretty big stuff – and survive very well – and many are just about to sell for +50mio€. Now thats crazy – specially when I remind myselfs how: 7 out of 10 Startups for sure Die (RIP RIP RIP RIP RIP RIP RIP). But then again – I do nothing but bable about new ideas and changing the world and startups all the time – so pretty obvious conclusion.

But then something else stroke me – they mostly have Scandinavian DNA. And maybe we are actually pretty good at this shit – here in Scandinavia. (Off course – everyone is so hard on each other (in my friends circles) and on the society. BUT BUT BUT – somehow I got proud. A feeling that I not always have about Scandinavia – since we are just loosing so bigtiem to any Asian country in terms of growth – BUT so be it – wellfare can only go to a certain level until it sucks all financial juice out of a country.

Im shit proud of being Scandinavian

- because of the fact that many of these companies play in the Global Superliga – within each of their niches.

ENTREPRENUER NOTES:

Of course it looks super cool from the outside.

For sure – when it works – its heaven.

Yes – some get shit ass rich.

But being an entrepreneur is mentally reverse to the public image. 1-2% are shit lucky and gives that impression. But 98-99% of all entreprenuers and even venture backers – work so insanely hard – behind the scenes – for many many years. Pushing that dream – pushing that grand idea. On top of that -  only 90% of the projects survive.

Its actually fairly lonely – to be working on something that has not ben done before. And despite the very close relations to co founers and teams (those emotions are more like love affairs – really creating a rush – but everyone know that its not gonna last forever. (and in the techworld – you nearly need the gift of being homosexual – to meet a life-partner :).) - you are always alone. You have no clue wether you can pay the next salleries – you have guilt the size of a Pedofile Catholic priest – bacause you are not 100% present to your kids, wife and family – and you have even pushed some supersmart engineers in to this – who had no clue about the stress you feel when there is no money and the wife starts to be flattered by others then you… (Since YOU ARE NOT THERE).

Despite the really crazy mess that it creates – personally, mentally and horizontally - there is nothing like being involved in a StartUp…