I dont consider myself an investor – but a Ventureist (Venture Capitalist without Capital). And today has been a very hard day for my selfconfindence. I pinged Lukasz from Spreadshirt (my friend) to ask how his German Facebook Copy was doing (I said not to going into the company last year at this time) – and I got this answer

Lukasz to Morten:

Excellent. Studivz today has more then 700 K members, 70% of them online once a day. Still growing rapidly. There is a good chance that the first round angels will make a 50 – 100x in less then 12 months. Let’S pray bubble 2.0 does not burst too early ;)

Damn. Im not taking enough risk.