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Morten Lund

Co-Founder and Chairman, Poshtel · 1 appearance on the record.

computed by AI from the episodes · how this works → · full disclaimer →

investorfounderexecutive@ml ↗lundxy.com/about ↗Wikipedia ↗

Morten Lund is a Danish entrepreneur and angel investor best known for his early seed investment in Skype. He has backed or co-founded more than 100 startups, including Tradeshift, BullGuard, and AirHelp, and later created initiatives such as Poshtel and OnlyXO.

11statements → 6claims → 2claims resolved → 3.82/5average certainty → 2.27/5average debate potential → 4.2/5argument clarity · the sources → 3said about them ↓

0 supported 1 partly supported 1 contradicted 1 not yet assessed 3 not checkable as stated how the 6 claims stand · each chip opens the sources

1 prediction · 5 assertions · 2 opinions · 1 insight · 1 disclosure · 1 what if · every statement was checked. The prediction and assertions are the 6 claims: statements the public record can support or contradict. 2 are resolved, 1 is not yet assessed, and 3 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Morten argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable contradicted claim

Assertion Contradicted
European startups seeking billion-dollar exits must sell in Silicon Valley
“Well, you endgame, you have to take a plane to San Fran at some point to sell your company, because nobody can swallow a company in Europe over, you know, a billion dollars.”
Morten Lund Jan 4, 2016 ▶ 16:57 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"

Argument clarity: do they answer the question? how? →

4.2 / 5 directness 4.5 · coherence 4.3 · precision 3.8 · compression 3.6

redirected or did not address 1 of 14 assessed questions (7%). Watch them ▸

This is a score against a rubric. It is not a rank. Every host question → answer exchange is scored with names hidden on directness, coherence, precision and compression, 1–5 each, on meaning alone: disfluencies are ignored, and only raw unedited episodes count. This is the score that measures thought. Every scored exchange, scores shown → · The rubric and its checks →

How they sound: speaking style how? →

251 words/min while actually speaking · 14.8 um and uh per 1k words

Measured by listening to the audio itself: 3,300 words across 1 episode of raw-level tape, transcribed verbatim with every um and uh kept, each one attributed only where the alignment onto our timed stream is unambiguous. These are measurements of speaking style. We do not rank them: across this corpus, fluency and argument quality are nearly uncorrelated (ρ≈0.2), and smooth talking does not signal clear thinking. How it's measured →

How the interview went all their pushback → series average →

Across 1 rated episode:

host pushback ▾ 2/10
pushed back at the host ▾ 3/10
setup questions received 70%

Everything Morten Lund said on 20VC that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion
Banks spend $1B on tech because of incompetent staff
“Every bank, just to simplify it, every bank has a budget of a billion a year in technology spend, yeah? Mostly because they have an immense amount of stupid people running around doing nothing.”
Morten Lund Jan 4, 2016 ▶ 12:39 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Assertion Contradicted
European startups seeking billion-dollar exits must sell in Silicon Valley
“Well, you endgame, you have to take a plane to San Fran at some point to sell your company, because nobody can swallow a company in Europe over, you know, a billion dollars.”
Morten Lund Jan 4, 2016 ▶ 16:57 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Opinion
The Scandinavian middle class faces a dark future without growth
“Here in Scandinavia, the middle class is, is not super happy because there's no growth. They're, they just have what they have, but there's a pretty dark future.”
Morten Lund Jan 4, 2016 ▶ 19:58 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Prediction Not checkable as stated
Legacy bank contracts with IBM will unwind, creating fintech opportunities
“The web bank is a media, and nobody's using it as a media, and it could do a lot of interesting things, from accounting to all kind of interesting things, and the banks are just sleeping, and they're locked in in stupid contracts with IBM, managing their whole…”
Morten Lund Jan 4, 2016 ▶ 16:19 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Disclosure
Why Morten Lund passed on investing in Kazaa
“They, you know, ended up calling me whether I wanted to invest in Kazaa, And I was not really convinced, convinced that it would be a healthy business because It was actually a business plan one-to-one with iTunes, but they didn't have, or we didn't have the n…”
Morten Lund Jan 4, 2016 ▶ 4:54 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Assertion Not publicly verifiable
Skype reached 400,000 users within 20 days of launch
“It was three, 400,000 users after 20 days, and the rest is more or less history.”
Morten Lund Jan 4, 2016 ▶ 6:11 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
What-if
Lund: Early financial knowledge would have stifled his entrepreneurial creativity
“I regret a little bit that I didn't understand it earlier, but then I probably, I wouldn't have had my full creativity.”
Morten Lund Jan 4, 2016 ▶ 10:11 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Assertion Not checkable as stated
Lund: CodersTrust increases student wages from $1 to $7–$9 hourly
“So a hundred bucks per month for six to nine months. Then they can go basically from one dollar per hour to seven, eight, nine dollars per hour.”
Morten Lund Jan 4, 2016 ▶ 18:51 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Insight
Lund: Enterprise fintech growth depends on closing massive initial clients
“The ability to close huge clients, because the whole equation wouldn't work unless you had some really, really large companies who would, you know, buy into this vision, even though it was a very unstable young company. And that, I think, was the founder's, yo…”
Morten Lund Jan 4, 2016 ▶ 14:16 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Assertion Not checkable as stated
Lund: CodersTrust educates 500 to 700 students per month
“And I think we're educating five, 407 hundred people per month now on, on the, on this scheme.”
Morten Lund Jan 4, 2016 ▶ 18:30 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"
Assertion Partly supported
Morten Lund sold his digital agency to Leo Burnett as their first digital acquisition
“Seven, six years later, we sold it to Leo Burnett, the advertising company, as their first digital acquisition,”
Morten Lund Jan 4, 2016 ▶ 2:57 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"

The other half of the tape: Morten Lund's own voice is left out of every number here. Other people bring the name up 2 times in 2 episodes on 20VC. 1 statement on the record names them. every mention, with the transcript →

Who brings them up most Harry Stebbings 2

Statements about Morten Lund, by other people (1)

Assertion Supported
Morten Lund lost $150 million and entered personal bankruptcy
“How he went from a hundred and fifty million to bankruptcy,”
Harry Stebbings Jan 4, 2016 ▶ 0:48 20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid People Doing Nothing"

Every mention by year

tap a year for its mentions
0011222016episodesmentions
0122016episodes it came up in
000.51122016episodesmentions per episode
2016 2 mentions in 2 episodes 1 per episode

Appearances (1)

EpisodeDateSpeaking time
20 VC: Morten Lund on Skype, Bankruptcy, Fintech and Why "Banks Are Full Of Lots Of Stupid Jan 4, 2016 16m
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