Forex

Exclusive: Lars Seier Christensen Featured on Startup TV Show

The co-founder and former co-CEO of Saxo Bank Lars Seier Christensen is taking over a model new problem. He is featured on a Danish TV present referred to as “Vejen Til Seier” (Road To Victory). The program is airing on the second largest native TV2 channel however can also be out there internationally on streaming service TV2 Play.

TV2 is likely one of the two massive channels in Denmark. After reaching out to Saxo Bank’s co-founder to providing to take part in a brand new present devoted to capturing the spirit of entrepreneurship, Seier accepted on the situation that he participates within the design of the idea.

“I agreed to take part on the situation that we designed our personal idea. I didn’t wish to be boxed into one of many very mild leisure worldwide ideas like Shark Tank or The Apprentice. Here we attempt to present the true strategy of a seed/angel funding, the way in which I do it in actual life,” Seier solely commented to Finance Magnates.

The iFX EXPO is Back in Limassol!

Company representatives which meet with Lars are submitting a pitch deck, ship the pitch itself and are being subjected to real-life exams of product market match, workforce, market alternative, authorized/monetary due diligence.

“Of course, we nonetheless needed to make it to not heavy to be appropriate for prime time TV, so after every programme, we launch our personal internet episode, the place I meet one of many contestants for a deep dive and a dialogue of some vital side of the startup trade,” Seier defined.

Realistic Startup Funding Depiction

Speaking with Finance Magnates, Seier elaborated that his participation within the present is to present his personal perspective on the startup trade and to present a extra in depth rationalization of the challenges, dangers and alternatives alongside the way in which.

“I feel a few of the massive TV ideas on this space are far too glamourous and gung-ho. Not everyone seems to be suited to be an entrepreneur and other people ought to perceive clearly the complete implications of happening that route – together with after all additionally all the good issues resembling freedom, self authorities, and the potential for substantial financial reward if you’re persistent, good…. and a bit fortunate alongside the way in which,” Seier elaborated.

Fintech & Retail Trading

Having the chance to talk to Lars, Finance Magnates additionally requested in regards to the challenges for the fintech trade and the retail broking area particularly. Seier thinks that fintech startups usually are not so totally different from the remaining, besides maybe that the heavy regulatory burden is uncommon and sometimes completely underestimated by wannabe fintech entrepreneurs.

“One must be very lifelike that when vital mass is achieved the regulatory scrutiny will improve and influence closely on prices and restrictions on the enterprise growth. Most of the enterprise plans I see from this area usually are not skilled sufficient on this space, so I might suggest to new fintech startups to get that proper, and be lifelike,… or it would come again with a vengeance sooner or later,” the co-founder and former co-CEO of Saxo Bank mentioned.

As to the retail buying and selling trade, Seier thinks that it is vitally challenged as is seen from the listed firms’ market caps. The adjustments to the enterprise mannequin stemming from the regulatory tightening are altering the enterprise as we all know it.

While Seier thinks that in some instances the brand new laws are good and justified, in different instances, the brand new framework hurts each the pursuits of the brokers and the shoppers.

“The pendulum has swung too far, however I don’t see it imply reverting anytime quickly, if ever. So enterprise circumstances will stay robust and you actually have to be in it for the long run to succeed,”  Seier concluded.

The TV collection with Lars Seier Christiansen runs on Mondays at 8:45 CET. Readers who don’t communicate Danish, can preserve monitor on Seier’s private profile on LinkedIn for subtitled tidbits from the present.

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David

David is the founder of DebtDefined.com. The firm originates business financing for companies of all size in the Canadian marketplace . Originations include business loans, term loans, asset based lines of credit, SR ED Tax credit financing , and receivable financing .

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