1:53 – Majoring in Mathematics, Physics and Sociology
16:36 – Persisting through difficulties
25:55 – From co-workers to co-founders
36:57 – Managing competition
46:15 – Deciding whether you should sell
Simon Scheurer is the co-founder and former CTO of Qumram, a provider of session replay technology for digital compliance. Simon holds a Masters in Physics, Mathematics and Sociology from the University of Berne. He started his career as CTO at the digital agency Unic – the same company as Swisspreneur guest and Fashion Days Founder Markus Okumus. After 7 years in consulting, Simon left the company with the desire to start a product business. He started Milgram Media which at the time was a direct competitor to Doodle. The company struggled to stay ahead of Doodle with its offering and after losing several important deals, the founders decided to exit for a modest sum. Not at all discouraged by the failure, Simon started Qumram. The idea for the product had emerged years prior and he decided to turn it into a business when large corporates started asking for digital compliance solutions. With Qumram, Simon was able to get several renowned investors on board, among them Swisspreneur guest Ariel Lüdi and Investiere. In 2017, Qumram was acquired by Dynatrace for an undisclosed amount.
“When the employee number goes above 100 or so, maintaining the entrepreneurial spirit starts getting really tricky.”
“People are very reluctant to change. So you have to be massively better than the tool that they already know, use and like.”