Christian Lanng: "How Being a Founder Almost Killed Me" | E1065
31Christian Lanng is the Founder and Former CEO @ Tradeshift, a company he took from garage to unicorn raising over $900M for with a latest price of $2.7BN in 2021. Just last month, Christian stepped away from the company and is now Chairman @ Beyond Work, building a better work experience through AI native software.
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Timestamps:
(0:00) Intro
(00:41) Mental Health and Career Shift
(15:04) Insight on Startups and VC Life
(27:33) Financial Perspective and Investor Relations
(37:43) Leadership Challenges and Team Dynamics
(50:43) AI Perspective and Future Insights
(01:11:50) Quick-Fire Round
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In Today’s Episode with Christian Lanng We Discuss:
1. Burnout: When it Hits:
How did Christian know when something was really seriously wrong? What were the signs?
How did being a founder literally almost kill Christian? How was that not a wakeup moment?
How does being a founder make you so out of touch with reality?
2. The Things We Are Never Told:
Why does Christian think one of the biggest crimes is the myth that everyone can be a founder?
What are the single biggest things about VCs that founders are not told?
Why does Christian believe fundraising is absolutely a game? What are the rules to win it?
What makes the best VCs? What makes the worst VCs?
Why does Christian not like to take a discount for a brand name VC?
3. The Chaos That Happens Inside a Company:
Why does Christian believe politics should not be discussed within companies?
What are Christian’s biggest lessons on working with friends? Why after 14 years does Christian only have 3 friends that still talk to him?
How did Christian fire 50% of his leadership team and productivity not change at all?
Why does Christian believe US startups are inherently better than European ones?
4. Parenting and Relationship to Money:
Does Christian regret not being a present father for his child when building Tradeshift?
What are the two options as a founder you have when bringing up kids?
Was Christian scared to leave Tradeshift? How does he reflect on his relationship to money?
5. AI: Co-Pilot is BS, The Future Business Model and more…
Why does Christian believe co-pilot is the last dying breathe attempt from incumbents?
Why does Christian believe that per-seat pricing will die? What will replace it?
Why does Christian believe that AI will negate the importance of consumer-facing brands?
In what way does Christian believe that UI is total BS? How does it change over time?
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