Archive for February, 2008
The guys – have been frontrunners in the FREE and SIMPLE TO USE WEB APLICATIONs. But also in the – “attutide like a royal teenagere (lets make google look like charmin uncles)” – game. But they always impress me – specially today when the sendt this mail. Its insane selfpromotion – and god stocking danm – on top the put a special offer. AND I LOVE IT – dont pass on any chance to sell (like web1.0). RESPECT!!!
(Even more fun is it – that we hired David HH when he was 16 – and already had that attitude).Read Full Post | Make a Comment ( None so far )
Just had a skype call with Murti from www.peanutlabs.com – started jan 07 – and now doing 5mio$ rev this year. Please tell me stories that beat this (in comment).
Someone in the deal called them 4 founders – a bunch of unorganised kids 🙂 – I originally invested in their social network – http://www.xuqa.com – now a 70k$ a month business in Turkey. This is such a seldom story – and now they are even doing one more thing.. So I can end up with 3 companies instead of one… Wholly cow… 3 for the price of one – NEVER HAPPENED BEFORE i think.Read Full Post | Make a Comment ( 3 so far )
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These last weeks have been fun, Im really happy with my wrklife – the newspaper seems to be doing realy gd – and takes a lot of time. I spend a lot of time on my water project (if you feel like helping out – drop me a mail at m aatt lundxy dot com with subject water – its game changing and can REALLY PRODUCE DRINKING WATER out of poisoned rver water and salt water – AND its 100% all gore compliant). Im also spending quite some time on Hostedlabs.com (super efficient aplication hosting) – Im talking o 4-5 new startups – realy going deep on the IPO in india – and looking over the rest f my amasing startups – talking to bank and people who wans to buy some of them… 🙂 – cray stufff.
Im so happy with my paper – its so so big and positive. And here (for danes) you see that we are nt oly number one in readers – but also in the most interesting segments for advertisers. WOW.
Also the numbers – are interesting:
The readers of Nyhedsavisen spend average 11% more time on a page than the readers of Politiken do on a page in their paper.
The readers of Nyhedsavisen spend average 60% more time on a page than the readers of Metro do on a page in their paper.
The readers of Nyhedsavisen spend average 30% more time on a page than the readers of Politiken do a page in their paper.
The readers of Nyhedsavisen spend average 58% more time on a page than the readers of Metro a page in their paper.
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Yesterday I was at this Cinama For Peace – Film, Charity, Lets Change The World because we celebrate the small movies and have international superstars (Kasparov, Swank… the ful shabang) – but I felt very strange. Invited by my German friend Christian (impressive 29y ld with hs own giant investment bank and 2-3bio in funds under mamagement) – I went to Berlin with excitement and open mind. And he intentions where fantastic – 1000 people in supernice tux and dresses – but it felt like fresh orange juice where the fruit pieces are made of plastic… Weird.Read Full Post | Make a Comment ( 1 so far )
Here is a respond from a FANTASTIC US Based business angel – that shows all the right points in how to think about a startup. I never saw such a spot on approach. I have covered up the company name – but its all makes sence to nearly all companies. Read and enjoy:
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I love the XXX concept. I think the idea is fantastic. However, in my opinion, the User Interface is way too complex. There’s too much effort for someone to get benefits, too many complex charts and too much work to do. Even the investor charts were hard to follow. I highly doubt with such a complex interface and so many screens with so much going on, you will be able to capture a meaningful portion of the market for obese people.
I also feel there are too many scientists involved, but not enough tech people or UI designers.
Here’s my challenge to you:
If you can manage to reduce what XXX does differently and its main use scenario down to one sentence, it would be compelling. I still like the idea a lot but in its current state, I think it needs work.
I also don’t like the idea that breakeven is expected in almost 3 years. Why not launch in a major market instead of just Denmark ?
The distribution channel seems too complicated – too many companies/partnerships to keep track of – likely to result in too many hires, salespeople, bus dev people increasing costs (whereas most of the traction could come virally through word of mouth). I do agree getting XXX PARTNERS would help, but also limit your target market to people that actually visit those (for which I have no stats in Europe).
When you look at successful web apps, they’re all SIMPLE. Twitter, Google, Facebook, Flickr, Youtube – when you have take so much to explain what the site does and how it will build sales, in my book you lost half the battle.
I think the major innovation missing here is automating …. Not sure what the right formula is, but highly doubt this is it.
Today was a FANTASTIC day for my newspaper – Nyhedsavisen is now officially number one in readers in Denmark. Dont mix it up with being number one in profitability – but its a VERY VERY good start 4 weeks after taking over. Im still feeling trouble in my stomach when I think about the 180 people we have fired – but its time to move forward. Humble and Ambitious and Positive – and get the media buyers to use our product.
Extra info: Hardcore article about NYT
Im a socialist (believe it or not) comming from working class – using my skills to change the world a little bit. And I think the unions in Denmark are FANTASTIC – they have a BIG BIG STAKE in our economy being the best in EU – since they have been super fair in the how to hire and fire – unlike Germany and France (and unlike all the greedy CEOs who wants a billion to leave their jobs)… BUT I have to say that the process of firering journalists is stupid and very bad for the “worker” – since we have now been in a limbo for 7 days (and will stay like that for another 7) where we cant decide who should stay or who should go – thats simply not human (probobly there is a another good explanation).
Ok – I know its stupid of me to comment on this – but I had to.Read Full Post | Make a Comment ( None so far )
Im NOT on the fear Google team – I LOVE GOOGLE!! And as long as everyone (criminals, pedofiels and dopedealers) wears a trackable phone that can be opened remotely from the authorities 🙂 – lets not complain…Read Full Post | Make a Comment ( 1 so far )
The AMASING TEAM at BullGuard – (my consumer Anti Virus baby) – is really having a breaktrough (basicly we always just wanted to beat DanWare in revenue for some srange reason – sorry Peter :). But its also 6years – and more then 12mioUSD we have spend to build it. Im so proud of this award – and all these reviews.Read Full Post | Make a Comment ( 1 so far )
A lot of people around me have quite stiff smiles these day because of the financial markets downturn. But its all so relative – when people talk about their losses. I have a meeting with a very nice guy from the bank tomorrow and just checked up on the potential of his option package 😉Read Full Post | Make a Comment ( 1 so far )
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