E99: Why This Investor Only Funds 'Bad Ideas' (And Beats Traditional VCs) with Raimonds Kulbergs
Description
Some of the biggest unicorns started as “bad ideas.” In this episode, I sit down with Raimonds, co-founder of Bad Ideas Fund, live at TechBBQ in Copenhagen — to unpack why betting on unconventional founders and community-driven VC could beat traditional venture capital.
We dig into:
- Why the Scandinavian ecosystem is shifting from Stockholm to Copenhagen
- The rise of founder-to-founder VC and why community is the ultimate startup edge
- How AI is reshaping startups (and why the next unicorns will be built with fewer than 100 people)
- What Europe still doesn’t get about backing founders compared to the US
If you’re a founder, investor, or just curious about the future of venture capital, this conversation will challenge how you think about building and backing companies.
About Raimonds Kulbergs:
3x founder, 1 early exit, alumn of 500Startups in SF. Building BADideas.fund, investing in startups ’22.
Connect on LinkedIn: https://www.linkedin.com/in/raimondskulbergs/
More about the fund: https://www.badideas.fund
🎙️Hosted by Zivile Einikyte:
https://www.perceptionparadox.com
LinkedIn:
https://www.linkedin.com/in/zivileeinikyte/
🎵 Music by Luca Nioi:
http://www.lucanioi.com/
Chapters
00:00 Exploring the Scandinavian Ecosystem
03:19 The Founder-to-Founder Approach
05:57 Reinventing Venture Capital
08:30 The Future of Startups and AI
13:31 Identifying Opportunities in AI
16:09 Final Thoughts on Innovation and Process
United States
