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A Copenhagen Maritime and Commercial Court declared Morten Lund bankrupt after he lost 10M Krona in an investment. Lund would be cursing his move as his investment into the Danish newspaper Nyhedsavisen took him down. The newspaper was reported as shutting down in August 2008, after a deficit of about $100 million, which was seen under the previous owner.

Apparently Lund gave a spirited statement which was translated as:

It’s like superman getting his suit stolen – I’m shaken and don’t really wanna talk about it. I will come back again with full power, i just need to wash my suit.

Lund is known to have founded or co-invested in many (40) high-tech startups including Skype.