Starting Cold

Karl Liapunov

We are on a journey to tell the stories of the greatest outliers from the New Nordics like you've never seen them before. Starting Cold is not like other podcasts. Our studio travels to interview some of the most successful founders, executives, athletes, and high performers, capturing their journeys while physically sitting in their element. Whether it's a high-rise in NYC, a boat in the Lofoten Islands, or a loft in Stockholm, Starting Cold is there to capture the playbooks of the best of the best from one of the highest-performing regions in the world.

Episodes

  1. 4d ago

    EP04: Why Norway's Biggest Tech Exit In History Felt Like a Failure | John Markus Lervik, Cognite

    John Markus Lervik is the co-founder of Cognite, the industrial AI company Schneider Electric agreed to acquire for $3.1 billion in 2026, the largest tech exit in Norway's history. It is his second billion-dollar exit. In 2008, Microsoft bought Fast Search & Transfer, the search company he built out of his PhD research in Trondheim, for $1.3 billion. Along the way, Cognite became Norway's startup factory, with around 25 former employees going on to found companies of their own. We sat down with him at Cognite's headquarters in Oslo. In this episode, John Markus explains why he considers both exits failures, and what it takes to build global companies out of Norway: — Can ambition be learned, or are you born with it?— What does it really cost to build at this level?— How do you make founder-level ambition spread across an entire team?— Why did asking Aker for 300 million kroner and a first customer change everything?— Should Norwegian founders hire in the US, or send their own people first? 00:00:00 Intro00:00:00 Why both exits feel like failures00:05:07 "Forget about Norway"00:09:05 The cost of extreme ambition00:11:06 Spreading ambition to a team00:17:07 The framework: vision and four balls in the air00:21:48 Aker and the capital strategy00:28:01 Storytelling in a technical company00:31:59 Inside the Schneider deal00:35:05 What's next for John Markus and Norway00:41:33 Advice for founders going global

  2. Jun 11

    EP01: Becoming Norway's Quietest International Tech Giant | Erik Bakstad, Ardoq

    Erik Bakstad is the CEO and Co-Founder of one of the biggest success stories from the Nordics that most people have never heard of. Ardoq didn't follow a playbook, because for most of their journey, they didn't have one. Yet somehow, Erik and his team have built one of Norway's most successful software companies from the ground up. Today Ardoq is closing in on $100M ARR, with 300 employees across four countries and clients like ExxonMobil, British Telecom, and Carlsberg depending on their platform to navigate some of the most complex decisions in enterprise technology. In this episode, Erik takes on the full journey: from an idea they had while working as consultants, to the basements of Startuplab, to a $125M Series D: one of the five largest private rounds in Norwegian tech history. — What matters when fundraising from international VCs?— Can you build real US traction without leaving Norway?— When should a technical founder step into the CEO role — and when should they step aside?— What does it actually cost to move to New York when your family is in Oslo?— How do you keep your values from drifting when you've hired 200 people who never met the founding team?Chapter 1: From Hockey to Coding (1:00)Chapter 2: The Cold Call That Changed Everything (05:06)Chapter 3: Building the Company (15:02)Chapter 4: GDPR Changes The Game (27:44)Chapter 5: Building Culture Across 2 Continents (52:18)

About

We are on a journey to tell the stories of the greatest outliers from the New Nordics like you've never seen them before. Starting Cold is not like other podcasts. Our studio travels to interview some of the most successful founders, executives, athletes, and high performers, capturing their journeys while physically sitting in their element. Whether it's a high-rise in NYC, a boat in the Lofoten Islands, or a loft in Stockholm, Starting Cold is there to capture the playbooks of the best of the best from one of the highest-performing regions in the world.