Morten Lund (investor)

Last updated
Morten Lund
Morten Lund by Peter Sorensen.jpg
Born (1972-04-03) 3 April 1972 (age 51)
Education Odense University
OccupationVenture capitalist
ChildrenFour
Morten Lund at the NEXT Berlin 2014 MortenLund NEXT14.jpg
Morten Lund at the NEXT Berlin 2014

Morten Lund (born 3 April 1972) is an entrepreneur based in Copenhagen, Denmark [1] who has founded or co-invested in more than 100 high-tech start ups in the last 15 years.

Contents

Lund was declared bankrupt in January 2009 [2] in the aftermath of stalled free newspaper venture Nyhedsavisen, but he announced that he was out of bankruptcy in April 2010. [3]

Biography

Lund was born in Roskilde, Denmark and grew up in Jersie. He studied economics at Odense University, but left in order to concentrate on his businesses. [4] He has invested in a wide range of industry sectors spanning the internet, telecommunications, health and alternative energy.

An early venture was Neo Ideo, a web consultancy founded with friends in 1996. This became one of Denmark's top three agencies before its sale to advertising giant Leo Burnett in 1999. His first major investment firm was LundXY, which operated a variety of intent-oriented businesses, and the newspaper Nyhedsavisen; the paper's failure led to Lund's bankruptcy.

After his bankruptcy, in 2013 he started a new business network known as OnlyXO, through which he would chair a number of early stage companies, including Capital Aid, Itembase and AirHelp, and several startups that he personally co-founded. The present focus is on financial technology companies that can be integrated with the systems of digital invoicing specialist Tradeshift. Capital Aid is described as "the star project." Additionally, as part of the OnlyXO network, Lund has helped to launch initiatives that match his own needs as a serial entrepreneur, including pitchXO, Tofte & Company and Sharkboard.

Personal life

Lund has four children and lives in a northern suburb of Copenhagen, Denmark. [5]

See also

Related Research Articles

<span class="mw-page-title-main">Niklas Zennström</span> Swedish billionaire entrepreneur (born 1966)

Niklas Zennström is a Swedish entrepreneur and technology investor. Zennström is also the co-founder of the charity organization Zennström Philanthropies.

Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of 2022, Sequoia's total assets under management were approximately US$85 billion.

<span class="mw-page-title-main">Jason Calacanis</span> American businessman

Jason McCabe Calacanis is an American Internet entrepreneur, angel investor, author and podcaster.

<span class="mw-page-title-main">Tim Draper</span> American businessman

Timothy Cook Draper is an American venture capital investor, and founder of Draper Fisher Jurvetson (DFJ), Draper University, Draper Venture Network, Draper Associates and Draper Goren Holm. His most prominent investments include Baidu, Hotmail, Skype, Tesla, SpaceX, AngelList, SolarCity, Ring, Twitter, DocuSign, Coinbase, Robinhood, Ancestry.com, Twitch, Cruise Automation, PrettyLitter and Focus Media. In July 2014, Draper received wide coverage for his purchase at a US Marshals Service auction of seized bitcoins from the Silk Road website. Draper is a proponent of Bitcoin and decentralization. Draper was also one of the first investors in Theranos.

<span class="mw-page-title-main">Alexander Straub (entrepreneur)</span>

Alexander Straub is an Internet and Telecom entrepreneur and investor.

<span class="mw-page-title-main">Tony Hsieh</span> American businessman (1973–2020)

Anthony Hsieh was an American internet entrepreneur and venture capitalist. He retired as the CEO of the online shoe and clothing company Zappos in August 2020 after 21 years. Prior to joining Zappos, Hsieh co-founded the Internet advertising network LinkExchange, which he sold to Microsoft in 1998 for $265 million.

<span class="mw-page-title-main">James Caan (businessman)</span> British-Pakistani entrepreneur and television personality

James Caan is a British-Pakistani entrepreneur and television personality.

<span class="mw-page-title-main">LundXY</span>

LundXY Global Ventures is an angel investment and startup catalyst headquartered in Copenhagen, Denmark, founded by serial entrepreneur Morten Lund in 2007. By 2013, parts of the operation had been superseded by Lund's new OnlyXO network.

<span class="mw-page-title-main">Jersie</span> Village in Denmark

Jersie or Jersie Strand is a town 32 kilometres (20 mi) south-west of central Copenhagen and form the southern part of the Solrød Strand urban area. The suburb is connected with the radial line Køgebugtbanen, a part of the S-train network, at the Jersie station.

Tommy Ahlers is a Danish former businessman and politician who was a member of the Folketing for the Venstre political party from 2015 to 2021. He was the Minister of Science, Technology, Information and Higher Education in the Lars Løkke Rasmussen III Cabinet.

<span class="mw-page-title-main">Nasdaq Private Market</span>

Nasdaq Private Market (NPM) provides a secondary market trading venue for issuers, brokers, shareholders, and prospective investors of private company stock. Since inception, NPM has facilitated more than $40 billion in transactional volume and has worked with 400+ private companies and 100,000+ employees, stakeholders, and investors. NPM offers private company and investors different solutions including tender offers, auctions, block trades, and custom company marketplaces. In 2021, NPM spun-off of Nasdaq to become its own, independent company receiving strategic investments from Silicon Valley Bank, Citi, Goldman Sachs, Morgan Stanley, and Allen and Co.

<span class="mw-page-title-main">Brian Wong</span> Canadian entrepreneur (born 1991)

Brian Wong is a Canadian Internet entrepreneur. In 2010, Wong co-founded Kiip, a company offering a mobile app rewards platform through which computer game players would receive real-world rewards from brands and companies for in-game achievements.

<span class="mw-page-title-main">Zendesk</span> American customer service software company

Zendesk, Inc. is an American company headquartered in San Francisco, California. It provides software-as-a-service products related to customer support, sales, and other customer communications. The company was founded in Copenhagen, Denmark, in 2007. Zendesk raised about $86 million in venture capital investments before going public in 2014.

Mark Pearson is a London, United Kingdom-based entrepreneur and investor. He founded and served as CEO of Markco Media, a European discount network. Markco Media is the parent company of MyVoucherCodes.

In business, a unicorn is a privately held startup company valued at over US$1 billion. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.

Shervin Kordary Pishevar is an Iranian-American entrepreneur, venture capitalist, super angel investor, and philanthropist. He is the co-founder and former executive chairman of Hyperloop One and a co-founder and managing director of Sherpa Capital, a venture capital fund which has invested in companies including Airbnb, Uber, GoPuff, Cue Health, Slack, Robinhood, Munchery and Postmates.

<span class="mw-page-title-main">Ida Tin</span> Danish internet entrepreneur and author (born 1979)

Ida Tin is a Danish internet entrepreneur and author who is the co-founder and CEO of the women's menstruation-tracking app, Clue. She is credited with coining the term "femtech".

<span class="mw-page-title-main">Digital Currency Group</span> American venture capital company

Digital Currency Group (DCG) is a venture capital company focusing on the digital currency market. It is located in Stamford, Connecticut. The company has five subsidiaries: CoinDesk, Foundry, Genesis, Grayscale Investments, and Luno.

<span class="mw-page-title-main">Theresia Gouw</span>

Theresia Gouw is an entrepreneur and venture capital investor in the technology sector. She worked at Bain & Company, Release Software and Accel Partners before co-founding Aspect Ventures, a female-led venture capital firm, in 2014. Gouw was named one of the 40 most influential minds in tech by Time Magazine. and has been recognized seven times on the Forbes Midas List as one of the "world's smartest tech investors". According to Forbes.com, Gouw is the richest female venture capitalist, with a net worth of approximately $500 million, primarily due to her involvement with Accel (company)'s early investment in Facebook.

René Rechtman is a Danish entrepreneur, businessman, and investor. He is the founder and CEO of Moonbug Entertainment and former president of international operations at Maker Studios.

References

  1. Mansfield, Barry. "Web Slinger". CNBC European Business. Ink Publishing. London, 2 April 2008
  2. Butcher, Mike. "As raw as it gets - Skype legend Morten Lund made bankrupt", Tech Crunch. London, 13 January 2009.
  3. Daell Bjerrum, Vibeke. "Morten Lund ude af gældsfælde", business.dk, Berlingske. Copenhagen, 7 April 2010.
  4. "I Invest In People" People's Daily Online Edition, China. Source: Xinhua. Beijing, 24 October 2010.
  5. Mansfield, Barry. "Web Slinger". CNBC European Business. Ink Publishing. London, 2 April 2008