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denmark
Startup Accelerators in Denmark: A Full Overview
This article is an overview of a series of articles summarizing the best startup accelerators in Denmark for bootstrapped and solo founders, comparing them to 1Mby1M. Guest Author Sareena Bilal | Reviewed by Sramana Mitra The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the
Nordic Accelerator Conundrum: Denmark’s Startup Accelerator Ecosystem
This article summarizes Denmark’s Startup Accelerator Ecosystem – its incubation and acceleration infrastructure, comparing 1Mby1M to what’s available and educating Danish founders on how to work with Silicon Valley from day zero. Denmark has quietly built one of the most sustainable and innovative startup ecosystems in Northern Europe. Copenhagen, Aarhus, and Odense serve as centers
Best of Bootstrapping: Queue-It Bootstraps from Denmark to the US
Camilla Ley Valentin, Co-Founder of Queue-It, tells a wonderful story of capital-efficient entrepreneurship, including scaling a company born in Denmark that now has 40% of its business in the US. Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born and raised? What kind of background?
Bootstrapping from Denmark: Camilla Ley Valentin, Co-Founder of Queue-It (Part 7)
Sramana Mitra: How much money have you raised? Camilla Ley Valentin: Original funding from the seed/incubator ended up around $500,000 to $600,000 depending on the currency rate. We bought those shares back from the fund and then we actually turned around and sold them to a number of business angels here. Then we’ve added a
Bootstrapping from Denmark: Camilla Ley Valentin, Co-Founder of Queue-It (Part 6)
Sramana Mitra: At what point did the US business start happening in your evolution? You started in 2010. At what time did the US business take off? Camilla Ley Valentin: I would say two to three years into the company. Sramana Mitra: What strategic nuance did you make to catalyze the growth of the US
Bootstrapping from Denmark: Camilla Ley Valentin, Co-Founder of Queue-It (Part 5)
Sramana Mitra: What is the average size of each customer? What is an average deal size? I’m trying to understand your business. Is it a business that generates $2,000 or $200,000 per customer? Camilla Ley Valentin: What I can say is that our customers range. An example of a small case could be a university
Bootstrapping from Denmark: Camilla Ley Valentin, Co-Founder of Queue-It (Part 4)
Sramana Mitra: Was your first customer from Denmark? Camilla Ley Valentin: Yes, it was. It was a government company and that was the first customer. It was a company called Nature Agency and they manage all the hunters in Denmark. The hunters have to register all the animals that they shoot in a complicated legacy
Bootstrapping from Denmark: Camilla Ley Valentin, Co-Founder of Queue-It (Part 3)
Sramana Mitra: How do you get things off the ground? Camilla Valentin: We made a business friend. All three of us had many years of business experience. We had some idea of what was needed. This was our first own startup. We found some good templates online that we applied to generating the business plan
