Swisspreneur Show

EP #543 - Mershad Jervan: From Musician to Maker - Building and Rebuilding a Global Music Startup

Jan 29, 2026
Mershad Jervan, musician-turned-founder who built, sold, bought back and rebuilt the music distribution platform MondoTunes (now Octave). He tells the story of exiting and reacquiring a startup, operational and cap table mistakes that sank a venture, scaling music distribution across the US and Europe, why Switzerland became strategic, and the shift from songwriter to entrepreneur.
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ANECDOTE

Buying Back Your Startup

  • Mershad bought MondoTunes back after it stagnated under a large media owner and reclaimed its musician-first mission.
  • He negotiated the reacquisition because the buyer treated the small company as a non-core asset and agreed to sell it back for a fraction of its prior value.
ANECDOTE

Relocating For A Risky Swiss Hardware Bet

  • Mershad joined a Swiss hardware startup as CEO, moved his family to Switzerland, and the company later failed partly due to cap table and governance issues.
  • He cites microchip shortages and a broken cap table that gave large equity to non-capital contributors as major contributors to the collapse.
ADVICE

Don't Trade Equity For Services

  • Avoid giving meaningful equity to service providers or consultants in lieu of clear contracts and deliverables.
  • Reserve founder equity and investor shares for real capital or full-time operational commitment.
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