Danish Growth Fund: “More hard money is needed”
Soft money is needed to give startups, research, and spinoffs a boost. But as soon as they are on the market, hard money should take over. A clear division of the types of funding is essential to avoid suboptimisation and premature sales of promising businesses, according to Christian Motzfeldt, CEO of the Danish Growth Fund.
The CEO of the Danish Growth Fund (Vækstfonden), Christian Motzfeldt, describes the financial landscape of the kind of capital that will create the LEGO, Mærsk, and Novo Nordisk's of the future. The goal is more growth for the money put in. More bang for the buck.
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