TalkBBQ – The Nordic Investment Culture: What does ”founder friendly” mean?  

Synch, inQvation and TechBBQ have joined forces to take a closer look at the term “founder friendly” and what it really means by inviting the entire startup community to TalkBBQ – The Nordic Investment Culture, an event where our expert panel of knowledgeable investors and founders will debate the Nordic investment culture. Claus Zibrandtsen, CEO at inQvation, will join the panel discussion.

Let’s talk about it with Claus Zibrandtsen, CEO at inQvation

There are actually many opportunities in the Nordic to achieve capital and investments from both private investors and governments. However, many founders do not believe that Denmark and the rest of the Nordic countries are “founder friendly”. Let’s talk about this assumption and ask a group of investors and founders what we can do to provide better conditions for startups. Claus Zibrandtsen is CEO at inQvation and has over the years made several investments in some of Denmark’s most promising startups, e.g. Son of a Tailor, GOODIEBOX, Cortrium, Sani nudge, Spiio and Onomondo.

When talking about a ‘founder friendly’ investment culture, Claus Zibrandtsen believes that there must be mutual respect amongst the founder team and the investor(s), since both sides of the table can add different values to the company. In the long run both sides of the table want the company to be successful:

“As an investor, it is crucial that you do not ask for majority shares of the startup in the beginning. At the same time, it is important that you as a founder really understand all the risks an investor agrees to when he/she provides capital. It is not a power struggle! Instead both the founder and the investor have to see it as a long-term collaboration where they work together to develop the company and make them a success. That’s the perfect match”.

How do we create a ‘founder friendly’ ecosystem in the Nordic?
According to Claus Zibrandtsen, it is first and foremost about creating the most favorable terms for the startups. Otherwise, they will move their headquarters out of Denmark. Therefore, Claus Zibrandtsen believes that we have to look at the terms here in Denmark. To mention a few things, Claus Zibrandtsen acknowledges that we should look at the access to talents, access to venture capital, access to mentors and lastly, the public arrangements.

“We must ensure that the startups have access to the right resources all the time. We do not want startups to have too many open positions for too long. The problem is that the best resources often does not exist in Denmark. We need to ensure that 1) we have the right terms to attract international profiles/ talents and 2) we have to make sure that we educate the right employees 5-10 years ahead” recommends Claus Zibrandtsen.

We are looking forward to hearing Claus Zibrandtsen go into details with his above points at our panel discussion on Thursday 27th of June at Matrikel1. Remember that there is only a limited number of seats, so sign-up today if you want to be part of TalkBBQ.

Submit your own question for the panel discussion now

What do you think about the Nordic investment culture? If you have a question or a specific dilemma that you would like the panelists to discuss during the panel discussion, please submit your case or question to talkaboutit@inqvation.dk – you can do it anonymously if you prefer to be under the radar during the panel discussion

Sign-up for the event here.

News and Insights
Press release

Synch har assisterat Cortus Energy AB

5 hours ago

Synch har assisterat Cortus Energy AB (publ), noterat på First North Growth Market, vid genomförandet av en företrädesemission av konvertibler om ca 69,3 MSEK  till existerande aktieägare i bolaget. Emissionen har föranlett upprättandet och ingivande av ett prospekt hos Finansinspektionen och teckningstiden för deltagande i emissionen löper till och med den 22 juni 2020. Mangold […]

News

We are very proud to announce that Sara and Mathilda have been ranked as leading individuals in I AM PATENT 1000 2020

12/06/2020

Synch has also been ranked as one of Sweden’s top firms within patent transactions; ”Innovative companies across the Nordics flock to Synch for their contentious needs. It operates a cutting-edge patent service which utilises digital technology to make for a more dynamic and accessible process. A tenacious enforcer of rights, Mathilda Nordmark has chalked up […]

Press release

Congratulations to Åkestam Holst and Norrlands Guld/Spendrups on four silver awards for the campaign ‘The Legally Binding Beer Contract’ at this year’s Golden Egg Awards

03/06/2020

At the request of Åkestam Holst, Synch drafted the actual contract in the successful campaign ‘The Legally Binding Beer Contract’, in which the half-hearted ‘we should grab a beer’ is turned into a legally binding obligation. Bella Lagerquist, executive producer at Åkestam Holst comments: the contrast of the rather playful drink meet-up and an actual […]

Press release

Synch assisted Goodbye Kansas

28/05/2020

Goodbye Kansas AB (publ.) and Bublar Group AB (publ.). have agreed on a merger. Bublar Group is making an offer to the shareholders and lenders in Goodbye Kansas. The merger forms the basis to create a world-leading player in XR technology and visualization. Synch acted as the legal advisor to Goodbye Kansas. Peter Levin, chairman […]

Press release

Synch acted as legal advisor to listed company Advanced Stabilized Technologies Group AB

14/05/2020

Synch acted as legal advisor to listed company Advanced Stabilized Technologies Group AB (publ) (”ASTG”) in its acquisition of Satmission AB from Allgon AB (publ). Satmission develops, manufactures and sells mobile satellite communication systems for media broadcasting and military applications. Satmission’s Gregorian carbon fiber-satellite dish with pod remains the most light-weight and (in its stowed […]

News

Nye matchinglån fra Vækstfonden

07/05/2020

Vækstfonden tilbyder ny en række nye favorable matchinglån, som giver virksomheder mulighed for at låne op til 3 gange et investeret beløb. Læs i denne nyhed om vilkårene for lånene