Denmark has some of the highest number of successful start-ups within European countries and it’s a reflection of the nation’s society. The country’s infrastructure has helped to give Morten Lund the opportunity to take risks and invest where others might not and he has credited some of his successes to this.
Lund has been incredibly active in the tech start-up space, investing in more than 110 projects in the last two decades. He describes himself as a neo-classical serial entrepreneur and rose to prominence thanks to his involvement with Skype before it was sold to eBay in 2005 for US$2.5 billion.
In 2009 Lund had to declare personal bankruptcy after a catastrophic end to a free newspaper project he had been working on called Nyhedsavisen. It was intended to differ from traditional news publications because of its unique mix of stories.
By 2010 Lund was out of bankruptcy and he is now more heavily involved with start-ups, and particularly the fintech space, than ever before.