Joakim Achrén had done most of the things founders aim for.

He built a mobile games company and exited to Netflix. He spent years as a VC. And still, there was one problem he hadn’t been able to solve: sleep.

That is what eventually led him to write Sleep Again (April, 2026), an attempt to understand what’s really going on beneath the surface for high-performing people who can’t switch off.

The problem isn’t stress. It’s stimulation.

For a long time, Achrén assumed his sleep issues were stress-related. That made sense during his burnout in 2019.

But what confused him was what came after recovery. The work wasn’t heavy anymore. If anything, it was the opposite. He wasn’t under pressure. He was enjoying it. And yet, the sleep didn’t improve.

At some point, that contradiction forced a different conclusion: “The job was fun. I wasn’t worrying. And I still slept badly.”

It wasn’t stress keeping him awake. It was something harder to switch off. “My nervous system cannot quiet for the night.” And the more engaging the work became, the clearer that pattern got: “It is so much fun that it becomes the problem.”

There’s a biological reason for this. In Sleep Again, Achrén describes how the body is designed to shift out of alert mode in the evening. Cortisol drops, melatonin rises, and the system prepares for recovery. But if you stay mentally active too late, that transition doesn’t happen. The body stays in “on” mode. Once that pattern repeats, the system stops resetting properly, even if you’re technically getting enough hours.

There’s another layer. Sleep isn’t just rest. It’s processing. Sleep researchers describe it as a form of “emotional metabolism.” During REM sleep, the brain processes unresolved thoughts and tensions from the day. Without that, the system never fully resets, as Achrén painfully found out. 

Modern work makes this harder. In the 1970s, around 10–15% of adults reported insomnia. Today, it’s closer to 30%, the book shows. Constant stimulation, global work hours, and always-on expectations have made recovery more fragile.

Why high performers break their own sleep

Like many founders, Achrén approached the problem of sleep with data. He tracked it, measured it, and looked for patterns. At first, it helped. Then it became something else.

“I was looking at streaks. Consecutive nights of above seven hours.” What started as awareness turned into a game that felt obsessive. “That’s a compulsion loop that is not good.”

In Sleep Again, Achrén describes orthosomnia, the fear of not sleeping well. For him, it was reinforced by exposure to content like Andrew Huberman’s, which links poor sleep to Alzheimer’s and cognitive decline, a fear he describes as one of his biggest triggers. Sleep started to feel less like rest and more like risk management, turning it into something he had to get right, which made switching off harder.

The shift: from control to understanding

The breakthrough didn’t come from a better routine. It came after trying the obvious fixes and realizing they weren’t working.

At one point, Achrén experimented with melatonin. “It was like a poison for me. I felt like I didn’t sleep at all.” That forced a deeper question: what is actually causing this? Because the pattern wasn’t random.

When he looked closer, bad nights weren’t just about long days or late screens. They were tied to what carried over from the day. Sometimes anxiety. Often the opposite. “I’m just too excited about something that I’m doing… I can’t stop thinking about it.”

That shifted the focus. Instead of fixing sleep directly, he started looking at inputs. What he was working on. How stimulating it was. Whether his mind had any chance to slow down. Eventually, he created a detailed wind-down routine to calm his racing mind.

Another realization came from something more basic: when he actually worked best. For years, Achrén tried to follow the standard early-founder routine. It never quite fit. 

In Sleep Again, he describes discovering he’s a late chronotype — and how a simple 90-minute shift in his sleep-wake cycle improved both sleep and mental clarity.

What actually helps (according to Achrén)

During the interview, Achrén shared a few pieces of advice for bad sleepers, and Listeds compiled the list below:

1. Track trends, not nights

“It’s more important to follow the trend.”
Use data to understand direction, not judge daily results.

2. Don’t gamify recovery

Once sleep becomes a score, it introduces pressure.

3. Focus on what you do, not just the screen

“Reading a book is very different from scrolling social media.”
It’s about stimulation, not devices.

4. Create a clear shutdown signal

End the day intentionally. Journaling, writing down tomorrow’s tasks, or switching to low-stimulus activities signals the system to power down.

5. Slow down on purpose

“I try to do everything at 0.5x speed in the evening.”
A direct way to shift out of active mode.

6. Anchor your wake-up time

“The timer starts at the same time every morning.”
Consistency in waking matters more than going to be at the right time.

7. Reduce evening intensity

Your brain doesn’t distinguish much between stress and excitement.

The real takeaway

Busy people with poor sleep often assume their biggest constraint is time. But Achrén’s experience points somewhere else.

The real constraint is your ability to switch off. Because if the work is engaging enough, it won’t happen on its own. At some point, the tradeoff becomes visible: “You have to decide: do you sleep better, or do you live this exciting entrepreneur life?”

For a long time, that tension creates pressure — the feeling that sleep is something you need to fix. What changed for Achrén wasn’t eliminating the tradeoff, but understanding it.

“It’s better to be informed and make the decision to sleep badly than not have any information and have anxiety about it.”

And with that shift, something unexpected disappeared:

“When you know what’s going on, the pressure goes away.”

|

Weekend

Founder and VC Joakim Achrén: When work became the sleep problem, and why he wrote Sleep Again

Founder and VC Joakim Achrén: When work became the sleep problem, and why he wrote Sleep Again

·

5 min read

Credit: Joakim Achrén

Credit: Joakim Achrén

Joakim Achrén had done most of the things founders aim for.

He built a mobile games company and exited to Netflix. He spent years as a VC. And still, there was one problem he hadn’t been able to solve: sleep.

That is what eventually led him to write Sleep Again (April, 2026), an attempt to understand what’s really going on beneath the surface for high-performing people who can’t switch off.

The problem isn’t stress. It’s stimulation.

For a long time, Achrén assumed his sleep issues were stress-related. That made sense during his burnout in 2019.

But what confused him was what came after recovery. The work wasn’t heavy anymore. If anything, it was the opposite. He wasn’t under pressure. He was enjoying it. And yet, the sleep didn’t improve.

At some point, that contradiction forced a different conclusion: “The job was fun. I wasn’t worrying. And I still slept badly.”

It wasn’t stress keeping him awake. It was something harder to switch off. “My nervous system cannot quiet for the night.” And the more engaging the work became, the clearer that pattern got: “It is so much fun that it becomes the problem.”

There’s a biological reason for this. In Sleep Again, Achrén describes how the body is designed to shift out of alert mode in the evening. Cortisol drops, melatonin rises, and the system prepares for recovery. But if you stay mentally active too late, that transition doesn’t happen. The body stays in “on” mode. Once that pattern repeats, the system stops resetting properly, even if you’re technically getting enough hours.

There’s another layer. Sleep isn’t just rest. It’s processing. Sleep researchers describe it as a form of “emotional metabolism.” During REM sleep, the brain processes unresolved thoughts and tensions from the day. Without that, the system never fully resets, as Achrén painfully found out. 

Modern work makes this harder. In the 1970s, around 10–15% of adults reported insomnia. Today, it’s closer to 30%, the book shows. Constant stimulation, global work hours, and always-on expectations have made recovery more fragile.

Why high performers break their own sleep

Like many founders, Achrén approached the problem of sleep with data. He tracked it, measured it, and looked for patterns. At first, it helped. Then it became something else.

“I was looking at streaks. Consecutive nights of above seven hours.” What started as awareness turned into a game that felt obsessive. “That’s a compulsion loop that is not good.”

In Sleep Again, Achrén describes orthosomnia, the fear of not sleeping well. For him, it was reinforced by exposure to content like Andrew Huberman’s, which links poor sleep to Alzheimer’s and cognitive decline, a fear he describes as one of his biggest triggers. Sleep started to feel less like rest and more like risk management, turning it into something he had to get right, which made switching off harder.

The shift: from control to understanding

The breakthrough didn’t come from a better routine. It came after trying the obvious fixes and realizing they weren’t working.

At one point, Achrén experimented with melatonin. “It was like a poison for me. I felt like I didn’t sleep at all.” That forced a deeper question: what is actually causing this? Because the pattern wasn’t random.

When he looked closer, bad nights weren’t just about long days or late screens. They were tied to what carried over from the day. Sometimes anxiety. Often the opposite. “I’m just too excited about something that I’m doing… I can’t stop thinking about it.”

That shifted the focus. Instead of fixing sleep directly, he started looking at inputs. What he was working on. How stimulating it was. Whether his mind had any chance to slow down. Eventually, he created a detailed wind-down routine to calm his racing mind.

Another realization came from something more basic: when he actually worked best. For years, Achrén tried to follow the standard early-founder routine. It never quite fit. 

In Sleep Again, he describes discovering he’s a late chronotype — and how a simple 90-minute shift in his sleep-wake cycle improved both sleep and mental clarity.

Our Pulse newsletter

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What happened, why it matters, and what to watch across every CEO, board, and executive move in Nordic listed companies, starting with Finland. Fast, factual, and to the point.

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Our Pulse newsletter

Your weekly leadership intelligence briefing.

What happened, why it matters, and what to watch across every CEO, board, and executive move in Nordic listed companies, starting with Finland. Fast, factual, and to the point.

Delivered every Monday.

By signing up, you agree to our Privacy Policy

What actually helps (according to Achrén)

During the interview, Achrén shared a few pieces of advice for bad sleepers, and Listeds compiled the list below:

1. Track trends, not nights

“It’s more important to follow the trend.”
Use data to understand direction, not judge daily results.

2. Don’t gamify recovery

Once sleep becomes a score, it introduces pressure.

3. Focus on what you do, not just the screen

“Reading a book is very different from scrolling social media.”
It’s about stimulation, not devices.

4. Create a clear shutdown signal

End the day intentionally. Journaling, writing down tomorrow’s tasks, or switching to low-stimulus activities signals the system to power down.

5. Slow down on purpose

“I try to do everything at 0.5x speed in the evening.”
A direct way to shift out of active mode.

6. Anchor your wake-up time

“The timer starts at the same time every morning.”
Consistency in waking matters more than going to be at the right time.

7. Reduce evening intensity

Your brain doesn’t distinguish much between stress and excitement.

The real takeaway

Busy people with poor sleep often assume their biggest constraint is time. But Achrén’s experience points somewhere else.

The real constraint is your ability to switch off. Because if the work is engaging enough, it won’t happen on its own. At some point, the tradeoff becomes visible: “You have to decide: do you sleep better, or do you live this exciting entrepreneur life?”

For a long time, that tension creates pressure — the feeling that sleep is something you need to fix. What changed for Achrén wasn’t eliminating the tradeoff, but understanding it.

“It’s better to be informed and make the decision to sleep badly than not have any information and have anxiety about it.”

And with that shift, something unexpected disappeared:

“When you know what’s going on, the pressure goes away.”

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Authors

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

Authors

Journalist

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.

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Investor Event

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Market Signals

Rainmaker buys Inhouse Group to close its B2B gap ahead of a possible First North listing

Oct 7, 2026

Rainmaker has agreed to buy all shares in Yellow Holding, owner of B2B sales outsourcer Inhouse Group, and is investigating a listing on Nasdaq First North Growth Market Finland. The Finnish sales and customer service outsourcer had 2025 turnover of EUR 45.9 million.

Rainmaker buys Inhouse to close the gap on its EUR 7 million B2B target 

Rainmaker aims to grow its B2B business to around EUR 7 million by the end of its 2025 to 2027 strategy period. B2B sales revenue was EUR 1.6 million in the first half, up from EUR 1.0 million. Two pilot assignments did not move into production, and volumes in its SDR service fell in spring before recovering in early summer. Inhouse covers prospecting, customer acquisition and appointment booking, and will keep its own brand. The purchase price was not disclosed.

“Inhouse Group has built a strong position in demanding B2B solution sales and developed operating models that perfectly complement Rainmaker's business entity. The acquisition supports our strategy to grow and strengthens our position as a growth partner for our customers,” says Tapio Korttilalli, CEO of Rainmaker, in the press release.

Inhouse follows two acquisitions in the first half of 2026

In February, Rainmaker bought telephone sales company Myyntimestarit and its roughly 60 sales professionals. It also bought Digizer's e-commerce customer service business.  First-half revenue rose 14.2% to EUR 24.6 million, with organic growth of 10.6% and acquisitions adding 3.6 percentage points. Comparable EBITDA rose to EUR 1.7 million, or 7.0% of revenue, the bottom of its 7 to 10% medium-term target range.

The balance sheet has been rebuilt for a listing since spring

In June, pension insurer Veritas subscribed EUR 2.0 million of new shares, equal to 11.76% of shares after registration. “The company's growth prospects and market position create a solid foundation for the company's future development and it is really great to be part of this story,” says Theo Laakso, portfolio manager at Veritas.

Interest-bearing net debt fell to EUR 5.6 million from EUR 9.7 million a year earlier, or 1.5 times rolling EBITDA. In July, several loan arrangements were replaced with a single long-term facility with fewer covenants.

Two holding companies own more than 90% of the shares

Before the Veritas shares were registered, GTW Group held 58.56% of Rainmaker and Divest Group 34.34%. The company says a listing would strengthen its capital structure and fund organic and acquisition-driven growth. A new company form, an outside equity investor and simpler debt all point the same way. The Inhouse deal gives prospective investors a first look at what a listing would pay for.

Leadership Moves

Boreo names Lassi Simola CFO, ending nearly a year of a split finance function

Oct 6, 2026

Boreo has appointed Lassi Simola, currently Workout and Restructuring Executive at Nordea, as Chief Financial Officer and a member of the Group Management Team. He starts no later than 4 January 2027, ending an interim arrangement that has divided the finance role between two people since February.

Boreo brings back a CFO after deciding in February to manage without one

In December 2025, Boreo announced that CFO Jesse Petäjä would step down and said it had started recruiting a successor. In February 2026, it changed course and decided not to appoint a CFO for the time being. Rafael Osmanov became Head of M&A and Financing, and Vice President Finance Sami Hanerva took over financial reporting.

Once Simola starts, Hanerva will report to him in his current role. Osmanov will support the onboarding, and his contract ends by the end of March 2027.

The new CFO and the CEO both come from private equity and consulting dealmaking

Simola has more than 15 years in finance, over 10 of them in private equity, and is a CFA charterholder. Tuomas Kahri, CEO since 1 April 2026, was previously a partner at McKinsey & Company and Intera Partners. The hire is the first CFO appointment under Kahri.

“Lassi brings to Boreo strong expertise in mergers and acquisitions and corporate finance. He has extensive experience working with small and medium-sized companies and possesses an excellent understanding of the challenges and opportunities these businesses face,” says Tuomas Kahri, CEO of Boreo, in the press release.

Boreo has spent 2026 preparing its balance sheet for acquisitions

Boreo grew 2025 net sales by 14% to EUR 153.3 million and operational EBIT by 17% to EUR 8.0 million, and its board proposed no dividend to strengthen the financial position. The April 2026 AGM approved that proposal. First-half 2026 net sales rose 14% to EUR 84.6 million, operational EBIT rose 21% to EUR 4.3 million, and operating cash flow improved to EUR 3.7 million.

The portfolio is moving in both directions. In July, subsidiary Floby Nya Bilverkstad sold its vehicle painting business Lackmästar'n. On 1 October, Boreo bought technical textiles maker TEXpro for an enterprise value of EUR 1.6 million, paid from existing cash.

“With its strengthened financial position and renewed focus on acquisitions, I believe the company is well positioned to pursue its growth strategy,” says Lassi Simola.

TEXpro, with EUR 1.7 million in net sales, shows the scale of Boreo's deals so far this year. A CFO hired for his acquisition record suggests the board expects that scale to grow.

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