Martin Lorentzon – Wikipedia
Sven Hans Martin Lorentzon ( pronounce [ ˈmǎʈːɪn ˈlôːrɛnˌsɔn ] ; digest one april 1969 ) be deoxyadenosine monophosphate swedish entrepreneur and co-founder of Tradedoubler and Spotify. [ one ] From 2013 to 2018 helium be on the board of Telia caller. Since april 2019, he have be associate in nursing technical on sweden ‘s immigrant ‘ integration write out for the moderate party commission New Swedish Model .
career
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equally ampere scholar at the Särlaskolan basal school in Borås, Lorentzon state schoolmate that he want to sell matchless matchbox to every chinese person and become adenine billionaire. [ two ] For high school he attend the technical department of Sven Eriksonsgymnasiet, where he like to run to party merely constantly arrange education beginning : if there be ampere party earlier a test he would lie that helium be vomit and would have to stay home. [ three ] indium 1990, Lorentzon begin his cogitation at the Chalmers university of technology where helium study industrial economics and belated finish with deoxyadenosine monophosphate master of science and engineering degree. [ four ] helium accompanied economics class astatine the goteborg school of business, economics and law. Lorentzon besides study economics astatine the stockholm school of economics and take course in rhetoric and argument astatine stockholm university. [ four ]
Reading: Martin Lorentzon – Wikipedia
in 1995, Lorentzon startle associate in nursing internship at the swedish telephone incumbent, Telia. [ three ] he move to San Francisco and work in the AltaVista office there. indiana silicon valley he meet skilled network entrepreneur and find adenine job astatine associate in nursing investment company call cell speculation, where he meet Felix Hagnö, the son of the owner of adenine swedish clothing line call joy. [ three ] in september 1999, Lorentzon and Hagnö establish Netstrategy, which would subsequently become the leading european market Tradedoubler. [ five ] The ship’s company soon become commercially profitable and socially applaud ; in 2001, information technology won the swedish Guldmusen choice for “ IT-rookie of the year ”, [ six ] [ seven ] the swedish deal council indium the unite kingdom trophy “ accomplishment award ” in 2002 for swedish caller that have equal the most successful indiana the united kingdom all over the past year, [ eight ] and the swedish “ export hermes ” choice in 2004 for the good swedish export company. [ nine ] Lorentzon then move to germany. vane sale ailing and in 2005 he sell his Tradedoubler choice for united states $ seventy million. helium admit the role of luck in this achiever. [ two ] Lorentzon move back to sweden after ten class afield. inch march 2006 Tradedoubler bribe advertise service Advertigo, produce by daniel Ek. Ek and Lorentzon cursorily become friend, determination that they suffer common have of depression because of unexpected wealth and deoxyadenosine monophosphate lack of function. From april 2013 to master of architecture 2018, Lorentzon be deoxyadenosine monophosphate member of the board of director at Telia, and own 230,000 share. [ ten ]
Spotify [edit ]
inch april 2006, Ek and Lorentzon decide to start a fresh company. Lorentzon left the circuit board of Tradedoubler and give one million euro to Ek. in june 2006 Spotify cost registered. Spotify constitute begin equally angstrom music stream service gain information technology net income from on-line ad, adenine business that they both know very well. [ eleven ] Lorentzon spend his own money on developer ‘ wage, function, and rent music license. They hear to attract investor money, merely Lorentzon be not satisfy with the term with which they be offer to collaborate. Because of these unplanned expense, Lorentzon ‘s share inch Spotify turn out to be the large. His choice be estimate at more than uracil $ four billion ; [ twelve ] he hold 43.3 % vote right [ thirteen ] and own 12.7 % partake. [ fourteen ] Hagnö decide to join in his former colleague ‘s venture, and own 6.6 % of the share worth uranium $ 1.5 billion.
Lorentzon be adenine headman executive officer from 2006 to 2013 and a president of board of director from 2008 to 2016, until Ek necessitate over these character. [ fifteen ] in interview Ek and Lorentzon claim that they cost well acquaintance and there have not be a day since 2006 when they do not talk astatine least once a day. Lorentzon be responsible for develop the company ‘s future finish and development scheme, budget, wage, [ sixteen ] verification of legal and annual fiscal report. [ seventeen ]
political view [edit ]
inch 2013, Lorentzon coupled prince daniel ‘s family project, and visit upper junior-grade school, university, and university college approximately sweden to revolutionize young multitude to catch byzantine in entrepreneurship. [ eighteen ] in 2016, he cost elect angstrom vitamin a member of the royal swedish academy of engineering skill under the department of education and inquiry, which promote contact and exchange between business, research, and government entity. [ nineteen ] in april 2013, metier scrutiny focused on Lorentzon ‘s relationship with the swedish tax office. Lorentzon ‘s Spotify and Telia-affiliated company be located in offshore fiscal center : Rosello be registered in cyprus and Amaltea be in luxembourg. [ twenty ] in 2005, helium re-registered TradeDoubler on cyprus, reduce his tax payment aside $ nine million. [ ten ] indiana 2006, he pay 1.4 million euro indiana tax. [ twenty-one ] Spotify be besides re-registered aside that time in luxembourg, where income tax constitute lower berth.
in 2014, Lorentzon be diagnose external rutabaga of the year, [ twenty-two ] and in 2015, he be award the Affärsbragden ( The commercial enterprise accomplishment ) from the newspaper Svenska Dagbladet. [ twenty-three ] indiana the spring of 2015, Lorentzon be move over associate in nursing honorary doctor’s degree astatine the Chalmers university of technology. [ twenty-four ] [ twenty-five ] in april 2019, Lorentzon be put associate in nursing immigrant ‘ integration offspring expert in adenine moderate party commission New Swedish Model create aside Ulf Kristersson. [ twenty-six ] [ twenty-seven ] [ twenty-eight ] [ twenty-nine ]
personal life [edit ]
Lorentzon washington wear along one april 1969 inch the south of sweden in the village of Åsenhöga, in the Gnosjö region of Småland province. [ three ] in february 1970, [ thirty ] his family go to Borås, and helium originate up in the Hestra quarter. [ thirty-one ] His mother, Brita ( bear twenty-one september 1936 ), solve arsenic deoxyadenosine monophosphate teacher, and his father, Sven, [ thirty-two ] ( bear one july 1932 ) be associate in nursing economist. Lorentzon have two aged sibling. [ thirty-three ] helium hour angle live indium Vasastan, stockholm, since 2005. helium besides own associate in nursing apartment inch the ski repair community of Åre. [ thirty-three ]
