One Of Europe's Most Controversial VC's Explains What It's Like To Lose Everything
Business Insider/James Cook
As TechCrunch reports, Lund invested millions in an attempt to set up a free newspaper in Denmark. That venture failed, and Lund lost his fortune. TechCrunch Editor-At-Large asked him what that felt like: "I lost everything, I had to give up my art collection and my cars."
After he went bankrupt, Lund had time to look over his shareholder agreement, and he said that he realized "everything was sh*t."
Now, Lund is back and investing in tech. But he's not happy with the European startup scene: "Europe is a f**king recession. Everybody over 40 seems dull, they're watching TV and eating donuts."
When he's not investing in new companies, Lund serves as the CEO of invoicing platform Tradeshift. But he's not exactly the best person to spread the word about the company: "It's super boring," Lund said.
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- BenQ Zowie XL2546X review – Monitor for the serious gamers
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?