Morten Lund (investor)
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Morten Lund (born 3 April 1972) is an
entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values t ...
based in
Copenhagen Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan ar ...
,
Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of Denmark , establish ...
who has founded or co-invested in more than 100 high-tech start ups in the last 15 years. Lund was declared bankrupt in January 2009 in the aftermath of stalled free newspaper venture ''Nyhedsavisen'', but he announced that he was out of bankruptcy in April 2010.


Biography

Lund was born in
Roskilde, Denmark Roskilde ( , ) is a city west of Copenhagen on the Danish island of Zealand. With a population of 51,916 (), the city is a business and educational centre for the region and the 10th largest city in Denmark. It is governed by the administrative ...
and grew up in Jersie. He studied economics at
Odense University Odense University was a university in Odense, Denmark. It was established in 1966. In 1998, the university was merged with two other institutions to form the University of Southern Denmark. Its campus is now known as University of Southern Denmark ...
, but left in order to concentrate on his businesses. He has invested in a wide range of industry sectors spanning the internet,
telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...
, 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 Leo Burnett (October 21, 1891 – June 7, 1971) was an American advertising executive and the founder of Leo Burnett Company, Inc. He was responsible for creating some of advertising's most well-known characters and campaigns of the 20th cent ...
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.Mansfield, Barry
"Web Slinger"
CNBC European Business. Ink Publishing. London, 2 April 2008


See also

* LundXY *
Angel investing An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or owner ...


References


External links


Blog of Morten Lund
{{DEFAULTSORT:Lund, Morten Living people 1972 births Businesspeople from Copenhagen People from Roskilde