Culture Eats Strategy for Breakfast
Most venture capital investments yield disappointing results. Picking the winners is difficult and funding alone is not enough. Too much money is often a bigger problem than too little. With money you can accomplish a lot, including making huge and expensive mistakes. Scarcity is an exceptional catalyst for creativity and innovation.
The key resource in any success story always turn out to be the people. People make the difference. The funding just accelerates the outcome of what talented teams can accomplish.
As a venture capital and angel investor, we work with companies that have little past but bright futures. And that future is never an extrapolation of the past. Our portfolio companies are facing unchartered territory and must think on their feet. However, companies cannot think. Only people can. The ability to attract, organise, lead and empower bright people is the most important skill set needed by any executive team.
Damgaard Company’s approach combining our funding with board of director presence, management coaching, access to an extensive network and operational support in key matters has proven successful.