Money can be the cause of sleepless nights for many entrepreneurs. When you don’t have any but also when they start coming in.

Many people can join the discussion about the lack of funding, after leaving the bank empty-handed.

But with the prospect of getting private investors on board, other headaches arise. Are you interested in relinquishing control of your new business to get access to the money that may be needed to make it succeed? The IT company swipx was initially started with the founder Svend Erik Kundby-Nielsen’s own money.

But now that he has engaged with three partners in order to be able to accelerate beyond its borders, he has accepted that he must renounce part of the ownership. But does he now have enough funds to realize the potential of swipx where he so far has invested a single-digit million amount of Danish Kroner? “It’s a good question. But I would rather dilute myself than to see it all come to a standstill. I am very passionate about this company” says Svend Erik Kundby-Nielsen, who still holds a controlling stake in the company.

In addition to money from new investors, he has also written confirmation on a loan from the Growth Fund of up to 4 million DKK.

Whether he will exercise this option, time will show.

Right now swipx mostly has expenses. The cost, of expanding beyond country borders, is high.

“We will most likely break even in 2017 or 2018,” says Svend Erik Kundby-Nielsen.