3:18 – Why say no to a banking career
23:34 – Having to shut down your company
27:30 – Recovering from the crash
36:34 – Why you could not want to sell your company to Facebook
44:49 – Knowing when to move on
Peter Schüpbach started his entrepreneurial career as a co-founder of Miracle Software AG back in 1986 and served as its Chief Executive Officer for more than 10 years. He grew the organization in 14 years to a 350 employee software company with offices in 5 countries and went public with an IPO at the Swiss Stock Exchange SWX in 1999. Today he is engaged in several start-up companies and is a member of the board of several organizations, for example SwissCommerce, an internet platform that builds and buys E-Commerce companies in special interest markets. He received the award “Business Angel of the Year” from the ASBAN (Swiss Business Angel Association) in 2005.
“In the middle of a technological revolution, we rocked the market.”
“Only go international once you have your own market.”
“When you create something that shifts the paradigm, timing is very important.”
If you would like to listen to more conversations on failure and new beginnings, check out our episode with Markus Popp.