Danish venture capital posterboy’s 2M goes down. An amazing learning in what happens when you start believing your own hype, you get stuck in a severe reality distortion field, nepotism and incompetent management, why venture capitalists never should be publicly traded and most of all amazingly bad management.
Once upon a time this was a company i respected for their technology focused investments and amazing performance – before they came out as the biggest clueless dotcom’s of this decade in Denmark…
When their story one day gets written up it’ll be a textbook on what not to do for all entrepreneurs…