Christian Lanng

35 statements across 2 episodes · 8 bullish · 11 bearish · 1 people on the record · first statement Mar 24, 2017 by Christian Lanng · across every show →

On the record as a speaker too: Christian Lanng's record, appearances and statements → this page counts the times other people say the name.

Everything said about Christian Lanng, oldest first

Mar 24, 2017 positive
Insight
Free renewable energy is crucial to cushion technological job displacement
“The thing you really need to invest in is actually free renewable energy, because if you have free renewable energy, we have less of a social impact as jobs go, because we can actually produce food, we can produce almost anything we want, and it gets a little …”
Christian Lanng Mar 24, 2017 ▶ 6:50 20VC: How To Raise $200m In Any Economic Climate, Scale From Garage To Global In Record Time & The Biggest Startup You Have Not Heard About with Christian Lanng, Founder & CEO @ Tradeshift
Mar 24, 2017 negative
Opinion
Legacy enterprise B2B software has hostages, not real customers
“And what you end up with is what I call hostages, not customers, right? You know, if you have a customer, they love your software. They invested in using it.”
Christian Lanng Mar 24, 2017 ▶ 10:18 20VC: How To Raise $200m In Any Economic Climate, Scale From Garage To Global In Record Time & The Biggest Startup You Have Not Heard About with Christian Lanng, Founder & CEO @ Tradeshift
Mar 24, 2017
Disclosure
Tradeshift pitched investors over 1,000 times to raise its capital
“I mean, I probably talked to a thousand, I probably pitched a thousand plus times, and that's probably even an underestimate to raise the capital we raised.”
Christian Lanng Mar 24, 2017 ▶ 14:47 20VC: How To Raise $200m In Any Economic Climate, Scale From Garage To Global In Record Time & The Biggest Startup You Have Not Heard About with Christian Lanng, Founder & CEO @ Tradeshift
Mar 24, 2017 negative
Assertion Partly supported
Ariba acts as a toll gate, extracting 80% of revenue from suppliers
“One of our competitors, you know, Ariba, they've for a long time gone out to these huge companies and said, hey, we will help you Digitize your supply chain, and you just got to buy our platform, and then they go and they invite all of the suppliers in the sup…”
Christian Lanng Mar 24, 2017 ▶ 9:25 20VC: How To Raise $200m In Any Economic Climate, Scale From Garage To Global In Record Time & The Biggest Startup You Have Not Heard About with Christian Lanng, Founder & CEO @ Tradeshift
Sep 27, 2023 negative
Disclosure
Lanng: TradeShift Had a Skype Group Celebrating Work at 2 AM
“We used to have a Skype group, and Skype was a thing of a few people in the company that was called, Late night motherfucking XYZ. And that was because at two AM we were all sitting, solving some problem, getting something done, getting somewhere, and we were …”
Christian Lanng Sep 27, 2023 ▶ 21:32 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Assertion Not checkable as stated
Lanng: Tradeshift fired 50% of VPs with no productivity loss
“At one point we fired 50% of the VPs in TradeShift. And there was no drop of productivity.”
Christian Lanng Sep 27, 2023 ▶ 46:14 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Insight
Christian Lanng: Startups should be run as teams, not families
“One of the things we put into what we're building right now is that That we are a team, not a family.”
Christian Lanng Sep 27, 2023 ▶ 44:17 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
What-if
Lanng: Prioritizing personal happiness would have ruined Tradeshift
“I mean, I made some decisions where I could have gone a different path, I could have gone a very different path, and probably You know, had a very different outcome and been happier, but it would not, I mean, it would have been a disaster for the company and f…”
Christian Lanng Sep 27, 2023 ▶ 6:20 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 neutral
Prediction Open · timeframe Sep 2028
Lanng: Copyright Issues Will Not Severely Impede AI Model Training
“I think the copyright issues are trending in a direction where I don't think it's going to be a major problem. I mean, fair use, I think, is, is, is, is covering this fairly well”
Christian Lanng Sep 27, 2023 ▶ 1:09:07 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 bearish
Assertion Not checkable as stated
Lanng: AI startups have largely abandoned Slack for Discord
“Everyone is in Discord, by the way, now. I mean, it's so crazy, like, nobody is on Slack that I know in this environment.”
Christian Lanng Sep 27, 2023 ▶ 1:13:58 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 bullish
Prediction Didn’t hold up
Lanng: More AI startups will get funded next year as top talent enters
“Yeah, I mean, I think there will still be a lot of money going into the long tail, but you're right that the concentration will happen in the top, but I think ultimately there will still be more companies getting funded just because some of the smartest people…”
Christian Lanng Sep 27, 2023 ▶ 1:12:18 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 bullish
Opinion
Lanng: AI-first startups today are as revolutionary as early cloud companies
“That's actually where, I mean, one of the reasons also I got so fascinated was like, to me, building a startup today that is AI first is as pivotal or revolutionary as it were, 14 years ago to build the first cloud companies.”
Christian Lanng Sep 27, 2023 ▶ 52:54 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 negative
Opinion
Lanng: Salesforce turns software users into robotic button-clickers
“Salesforce don't have a human in the center. Salesforce makes you into a robot that has to click buttons in a certain order.”
Christian Lanng Sep 27, 2023 ▶ 51:21 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 negative
Insight
Christian Lanng: Key talent burnout causes massive startup value destruction
“And I think startups is 99% people. That is the primary asset. And if the wrong person goes down at the wrong time, that can be a very, very big destruction of value, right?”
Christian Lanng Sep 27, 2023 ▶ 42:31 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Assertion Partly supported
Lanng: Enterprise software spend grew to $780B while IT headcount doubled
“IT corporate budgets, they went from three hundred billion to seven hundred eighty billion dollars in enterprise software over the last 10 years. At the same time, we doubled the amount of people in shared services, eight to sixteen million, and we doubled the…”
Christian Lanng Sep 27, 2023 ▶ 52:15 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 bullish
Prediction Not checkable as stated
Lanng: Second-wave AI startups will outperform early hype companies
“They spent a year or two thinking, looking a little bit at the hype, and now they're really getting into it, and I think those startups are gonna really crush it and avoid a lot of the early generation mistakes.”
Christian Lanng Sep 27, 2023 ▶ 1:12:32 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Disclosure
Lanng spent four years in hotels over 14-year Tradeshift tenure
“I think I spent around four and a half, four years in hotels over 14 years.”
Christian Lanng Sep 27, 2023 ▶ 18:39 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Insight
Lanng: Marginal Public Data Differences Are Rounding Errors in Large Models
“It doesn't matter if you have 10% different data if you train on one trillion parameters. It doesn't matter because it's such a big data set that that actually is such a small, Rounding error in, in what you get out on the other side.”
Christian Lanng Sep 27, 2023 ▶ 1:09:16 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 bearish
Prediction Not checkable as stated
Lanng: 99% of venture capital invested in AI will be wasted
“99% of the money going in is going to be lit on fire, and two, we are underestimating the impact of AI.”
Christian Lanng Sep 27, 2023 ▶ 59:17 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 bullish
Prediction Not checkable as stated
Lanng: Proprietary Data Will Be Primary Differentiator in AI
“The biggest differentiator in the world to come is going to be proprietary data.”
Christian Lanng Sep 27, 2023 ▶ 1:08:37 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 neutral
Insight
Lanng: Founder parents must choose between shielding kids or including them
“You have two choices if you want to do this, and you have kids, right? You can try to, Shield them and keep them away from it, or you can try to include them so they can see what it is.”
Christian Lanng Sep 27, 2023 ▶ 23:25 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 neutral
Insight
Christian Lanng: Founder burnout develops gradually like a frog slowly boiling
“It's like a bit like the frog getting boiled slowly, right? You don't see it when you're in it, and it took sort of some pretty big reality checks both on my health and on my work that made me realize, no, you're not in, in a healthy place, right?”
Christian Lanng Sep 27, 2023 ▶ 2:47 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 negative
Assertion Supported
Lanng almost died of anemia due to extreme Tradeshift workload
“I almost died of anemia, actually, because I just didn't have time to go to the doctor.”
Christian Lanng Sep 27, 2023 ▶ 0:00 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Disclosure
Lanng removed team slides from pitch decks to control VC questions
“I used to always take out one or two slides of the deck, like I'll make the perfect pitch deck, and then I'll remove the team slide. All VCs will then ask the question, but what about team? And that's the question I want them to ask instead of asking some stup…”
Christian Lanng Sep 27, 2023 ▶ 36:34 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Disclosure
Lanng fired a high school friend after working together for 10 years
“I fired a person that I've known since high school. I worked with for 10 years who moved to California as part of the journey.”
Christian Lanng Sep 27, 2023 ▶ 44:21 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Assertion Partly supported
Lanng: Meta's open-source model matched ChatGPT-3.5 locally within 9 months
“But nine months later, I was running on my laptop a model that was as powerful as ChatGPT three and a half that was released as open source by Facebook.”
Christian Lanng Sep 27, 2023 ▶ 55:07 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Disclosure
Lanng refused to sign Tradeshift round without protecting employee stock options
“In the latest financing round for trade shift, I refused to sign the papers until the employee stock option pool got moved from common to prep two, because I did not want All of our employees to be underwater in any potential transaction in the future.”
Christian Lanng Sep 27, 2023 ▶ 30:14 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Insight
Lanng: Higher prices accelerated Tradeshift's enterprise sales cycle
“We found out in trade shift very early on that there was an inverse relationship between price and speed of sales cycle. The more we charged, the faster we closed.”
Christian Lanng Sep 27, 2023 ▶ 46:37 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 negative
Opinion
Founders should never accept a 40% valuation discount for 'smart VCs'
“I kind of always disliked the whole You should pick us as a VC. We know it's a 40% discount to the other guys, but we are smart. Ah, like the smart VC, like, story, because the reality is, like, if I need to give us 40% discount because the VC is so smart that…”
Christian Lanng Sep 27, 2023 ▶ 33:36 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 positive
Opinion
Lanng: Tech companies should ban internal political discussions to focus on building
“And I like what David Heinemann says, like, he banned politics in, in, in in signals and I think that's absolutely right. I think we shouldn't sit around the table discussing all this stuff. We should just build something and make it work, and if we're allowin…”
Christian Lanng Sep 27, 2023 ▶ 43:54 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 positive
Assertion Not checkable as stated
Lanng: AI development shifted from corporate labs to Discord developers
“If you go back five, six years, it was like, AI was made by these, the cathedrals, like Google, and it was like, really serious scientists doing really serious stuff, and now people are hacking and LM models on Discord, and so, so we have this underground that…”
Christian Lanng Sep 27, 2023 ▶ 1:13:31 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 bearish
Prediction Not checkable as stated
Lanng: Pursuing AGI Will Disappoint Due to Asymptotic Limits in AI
“Everybody who's pushing for AGI level AI right now, they're going to be sorely disappointed. I think it's an asymptomatic curve, and I think we're going to end up with Waymo-style cars, meaning you almost have a lawyer, but not quite, and the five percent you …”
Christian Lanng Sep 27, 2023 ▶ 1:01:41 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023
Insight
Lanng: Resolving childhood anger does not destroy founder drive
“What I found is like, even when it goes down a little bit and you feel less of the anger or less of the motivation from that, I didn't lose my drive.”
Christian Lanng Sep 27, 2023 ▶ 26:40 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 bullish
Prediction Not checkable as stated
Lanng: Traditional software user interfaces will be obsolete within three years
“There would be a new generation of user interfaces that haven't fully been invented yet, but we will look at all of the screens of the applications we use every day as dinosaurs in less than three years.”
Christian Lanng Sep 27, 2023 ▶ 56:46 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
Sep 27, 2023 negative
Disclosure
Christian Lanng: Pandemic burnout made me hate seeing Tradeshift's logo
“Suddenly I was just sitting, you know, for 14:16 hours in front of a screen every day, no breaks. I remember having to sort of, like, schedule bio breaks just to be able to run to the restroom, and the rest was just one continuous stream, and I remember, this …”
Christian Lanng Sep 27, 2023 ▶ 1:51 Christian Lanng: "How Being a Founder Almost Killed Me" | E1065 · 20VC with Harry Stebbings
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