E664 | Mikael Johnsson, Oxx: AI Hype, Real Productivity & How Not to Lose the Plot

from EUVC · host EUVC

This week on the EUVC Podcast, Andreas Munk Holm sits down with Mikael Johnsson, Co-founder & General Partner at Oxx, one of Europe’s leading specialist B2B software investors.Mikael has a very clear-eyed view on the current AI wave: he’s seeing valuation discipline slip, fundamentals being stretched, and a real risk that the market mistakes pilot-driven excitement for lasting enterprise value.In this episode, they explore how to distinguish hype from substance, what “real” AI adoption looks like within a business process, and how both founders and investors can remain level-headed when everyone else is losing theirs.

Episode metadata supplied by the publisher feed · Published Dec 5, 2025

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E664 | Mikael Johnsson, Oxx: AI Hype, Real Productivity & How Not to Lose the Plot

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