Legora CEO says software sovereignty is an excuse not to compete globally
Legora co-founder and chief executive Max Junestrand says calls for European sovereignty in software are an excuse for companies that are not bold enough to go global. He spoke at Wave by Vento in Turin on Thursday.
“I think sovereignty in enterprise applications, or sovereignty in consumer apps, or sovereignty at the software layer is kind of an excuse for companies who are not bold enough to compete globally. Because the enterprise layer and the software layer is the global market,” Junestrand said.
The session was titled “The Compounding Bet”. Jeannette zu Fürstenberg, president and managing director of General Catalyst, an investor in Legora, led the conversation. Legora, based in Stockholm, builds AI tools for lawyers.
Sovereignty matters for energy, defence and infrastructure, Junestrand said. But companies that buy enterprise software have offices in Europe, the US and Asia. For them, a sovereign product “doesn’t really make any sense at...
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