Answered produced feed
D 5 · C 5 · P 5 · Cm 4 4.85
Q But Rasmus, so these, these founders of that launched the company in three, I mean, it sounds like they were bootstrapped. They were, it sounds like over ten million of ARR at the point when they brought you in. I mean, they have all options on the table. Why'd they make the decision to replace themselves? Why'd they bring you in?
A Uh, the original founder was a dentist in northern part of Jordan. He said for a long time, not been associated with the company. Um, so essentially it was a bunch of, or a group of, of highly wealthy individuals who ran the company, nothing to do with SaaS industries, actually they're bakers and one is a shipping and shipping and all kinds of stuff. Uh, but they, we did have some, uh, our chairman was from Navision. Um, which is the first ever Danish unicorn at 2.5 billion exit to Microsoft, who went back and said, This does not belong in a slow, steady growth phase. We can actually give it the burst. And therefore I was brought back from Silicon Valley to come here and give that, that burst. So that ties a little bit back to our storytelling here. And that's what we've done. We've given it a bit of injection of this. Hey, we can do stuff. We can be world-class. We can be category leading. We can be category creation. We can do all of the things you believe you can do in Silicon Valley because we have the financial underpinning of it. We have distribution that was world-class. And then we can essentially build that burst of energy that it needs to, to get up into, to world elite.
AI assessment note: “our chairman was from Navision... and therefore I was brought back from Silicon Valley”
Answered produced feed
D 4 · C 4 · P 4 · Cm 4 4.00
Q founder, but so many times when I talk to Europeans, they just feel like they don't want to talk about as numbers and be as aggressive as their American counterpart CEO. So I love that you guys were aggressive. You went out and got this deal done. What feedback do you have for maybe other CEOs based in Denmark or Sweden or the European looking to be aggressive with M&A?
A But remember, I am, I am Danish by origin, but I spent seven years of my life in San Francisco. I work with Robin. I work with, I work with Robin Daniels on a daily basis. He spent 20 years of his life in Silicon Valley, and I worked with Henrik Jepberg. He spent 10 years of his life in Silicon Valley. So there is a bit of DNA, and I will say it's a great question because I've often been, had been invited to ask, answer that question actually at the Danish embassy in Silicon Valley when you had founders come over. And I still play a part in that, also in the Sassies community where we will meet next week. Um, And trying to say, hey, often we are a little bit timid. There's a little bit of a glass ceiling in, in the Nordics. We're super good at longevity building businesses, but the burst and the window of opportunity that, that Americans see and that they, they cherish. And hey, I have the opportunity now. We often forget here and thereby it becomes more of a long, stable growth rather than these burst sprints that you're able to do with the, with the U S. And also I think perspective on that is, Failure in the U.S. is a different kind of beast. If you're taking off the football team as wide receiver and you have to go to junior varsity and try to come back to varsity, you're celebrated more if you make it back to varsity because you endure it, you fought, you got back. In Euro…
AI assessment note: “trying to say, hey, often we are a little bit timid.”
