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Thomas Jensen

When you run out of money

The following article is based on a blogpost by Thor Fridriksson, founder of the football app Champion. He shares his honest experiences with running out money for your startup, without a way for getting further funding. Thor Fridriksson developed the football app, Pumodo, in cooperation with Thomas Watson back in 2012. The product had a great start with good feedback …

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Three new Icelandic VC funds ready to invest $80 million

The Icelandic startup scene rejoice after three new VC funds open within the first week of February. There has been talk about creating new VC funds in Iceland for years. As both of the current Icelandic VC funds, NSA Ventures and Frumtak, have been fully invested for years with little flexibility towards new investments. The Icelandic startup scene can rejoice …

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#1 Nordic Co-working Spaces: Startup City

Are you ready to get out of the basement and move your startup into a real office? Before you get yourself locked into a lease, consider trying a co-working space! They are affordable, flexible and full of like-minded people. This is the first article in a series about co-working spaces in the Nordic region. A co-working space is often a …

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The Story behind Followmusic

  Followmusic wanted to change the way you get updates about your favorite artists, concerts, new albums, music news and upcoming events. Martin Gammeltoft is co-founder of Followmusic together with his sister, the famous Danish DJ and radio anchor Le Gammeltoft who has a sublime network to musicians around the world. This sounds like a perfect cocktail for a team …

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Jay-Z buys music streaming company Aspiro for $56.2 million

The world-famous rapper and businessman Jay-Z enters music streaming by buying Aspiro, the parent company of two subscription services, TIDAL and WiMP for $56.2 million through his own firm, Project Panther Bidco. A spokesperson from Project Panther state said that their “strategic ambition” for Aspiro is to scale the Aspiro’s platform, technology and services. WiMP, which launched in 2010 currently, …

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Interview with the CEO of the startup Mapillary after the investment

The American venture capital firm Sequoia invest $1,500,000 in Mapillary; together with other great CVs. Mapillary is a Swedish street view startup that challenges Google Street View with the goal of mapping the whole world through crowdsourcing. The app makes it possible to share your favorite places with the rest of the world. To date the startup has close to …

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