Morten Lund is chief ideologist at Lund XY Global Ventures and invested in various start ups at early stage (88 in total !!!!!)
In start ups, people is everything, money matters less.
So what is the next BIG thing. Timing is key (think of Skype or Overture). Risk=Return.
To be an entrepreneur, you need to be focused and optimist even on a bad day. You also has to network a lot. Crazyness is ok as well. At the end of the day, best ideas can be leveraged with recruiting good people.
Now time for a chat with Loic Le Meur.
Morten has lost about 30M € in his investment into media recently in Denmark. But that's ok for him, he said. He still has some investment in these 88 start ups and hopefully will generate some nice Xmas gifts. True entrepreneurs never go back to a safe job.
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