• Startuprad.io - Startup Podcast from Germany Podcast

    Meet Epap.App, they want to re-invent receipts

    Meet epap.app, they want to re-invent receipts

     

    In Europe you can pay with your phone or your watch, but you will still get a paper receipt.
    Jannis Dust, CMO and Co-Founder epap.app

     

    The Founder

    Jannis (https://www.linkedin.com/in/jannisdust/https://twitter.com/jannisdust, ) is in his early 20s, but already the co-founder of Hannover, Germany based fintech Epap (https://epap.app/).  Originally Jannis was working on a freelance basis for eCommerce startups, but in 2018 he met his co-founders during a startup event.

     

    In Germany the tax code demands to print a receipt for every transaction. This leads to a lot of waste.
    Jannis Dust, CMO and Co-Founder epap.app

     

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    With the app you could also track your spending. It is a companion of your spending. … with the app you get an evaluation on your spending.
    Jannis Dust, CMO and Co-Founder epap.app

     

    The Startup

    The startup is young, it was registered in the Hannover Commercial Registry in April 2020. None-the-less epap.app (https://epap.app/) wants to digitize recipes. In Germany, the tax regulations were changed at the start of 2020. This is called “the obligation to print receipts”. So for each transaction in a store or shop, the merchant needs to provide a receipt, mostly paper-based. This leads to a lot of waste and searching if one needs to find an important receipt in order to claim the warranty. Here the digitalization of epap comes in, since one has all receipts (digital and scans of paper-based ones) in one place, even with little reminders for warranties.

     

    The Epap App

    You can download the epap app in the Apple and Google Stores here: Google Play and App Store

     

    With the app you can also claim the warranty, where you can use epap … we make it easier. You get little reminders for your warranty.
    Jannis Dust, CMO and Co-Founder epap.app

     

    Venture Capital Funding

    Epap is looking to expand to German-speaking Europe and willing to try other European countries if the opportunity presents itself.

    They had their first seed investment round in April 2020 and are planning to raise the next financing round in the first half of 2021, but it will be an extended seed round, they do not plan to scale that fast.

    Currently, the team is eight people strong.

      

    Our goal is to provide you with a very comprehensive and granular analysis of your expenses. In a normal finance apps, you see the category. In our app the analysis is based on the digital receipt.
    Jannis Dust, CMO and Co-Founder epap.app

     

     

    Feedback

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

    Meet Berlin-based Fintech Bitbond, the Company Behind Germany’s First Regulated Security Token Offering

    Meet Berlin-based Fintech Bitbond, the Company Behind Germany’s First Regulated Security Token Offering

     

    In spring 2019 we issued our tokenized bond and with that, we established tokenized securities in Germany.
    Radoslav Albrecht, Founder and CEO of Bitbond

    Media Partnership

    This podcast is in media partnership with the Crypto Assets Conference, an event taking place each year in spring and autumn in Frankfurt, organized by the Frankfurt School of Finance and Management and their Blockchain Center.

    You can learn more about the conference here: https://www.crypto-assets-conference.de/

    You can learn more about Philipp Sandner, head of the Blockchain Center in our interview with him here: https://www.startuprad.io/blog/the-german-bill-to-permit-crypto-securities/

    What we are most interested in is to speak to companies, who are interested in tokenization. … to partner up with Bitbond to enhance their tokenization capabilities
    Radoslav Albrecht, Founder and CEO of Bitbond

     

    The Interview

    Find all the links, show notes, and the automated transcript here on our blog post: https://www.startuprad.io/blog/podcast-meet-berlin-based-fintech-bitbond-the-company-behind-germanys-first-regulated-security-token-offering/

    DueDash wants to help startups become investable and network with potential investors

    DueDash wants to help startups become investable and network with potential investors

    [Startup] Investment is not an event, it is a process
    Parul Madan, Co-Founder DueDash

     

    The Founder

    In this interview we talk to the investor and founder Parul Madan (https://www.linkedin.com/in/parulmadan/), who is the co-founder of the entrepreneur network DueDash (https://community.duedash.com/). Parul can look back at more than 11 years as an employee in well-known companies (Ericson, Unitymedia (now part of Vodafone Germany)). The jobs brought her from India to Germany and the US. After some time in India, she came back to Germany with her family and set up shop in Cologne, Germany.

    She helped to start the founder institute in Cologne Germany as a Director of the chapter, as well as a mentor https://fi.co/apply/cologne

     

    We try to help with the information asymmetry between startups and investors
    Parul Madan, Co-Founder DueDash

     

    DueDash

    If you don’t like Patreon, there is DueDash. DueDash is a Social Network, for startups and investors. We have a group of supporters there as well. You can join the group here:  https://buff.ly/2R90PYp

     

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    The Startup

    DueDash is a social network, which aims to solve the information asymmetry between startups and investors when investing in early-stage companies. The idea came from the personal background of the founders, being active as a business angel.

    The actual product of DueDash is not available yet, the team is looking at Q1 2021 to launch it. Therefore they flipped their go to market strategy and first launched the social network part of their idea.

    One of our goals is that the investment should reach the people who deserve it
    Parul Madan, Co-Founder DueDash

    Feedback

     

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

  • Fintech Germany - By Startuprad.io Podcast

    Meet Epap.App, they want to re-invent receipts

    Meet epap.app, they want to re-invent receipts

     

    In Europe you can pay with your phone or your watch, but you will still get a paper receipt.
    Jannis Dust, CMO and Co-Founder epap.app

     

    The Founder

    Jannis (https://www.linkedin.com/in/jannisdust/, https://twitter.com/jannisdust, ) is in his early 20s, but already the co-founder of Hannover, Germany based fintech Epap (https://epap.app/).  Originally Jannis was working on a freelance basis for eCommerce startups, but in 2018 he met his co-founders during a startup event.

     

    In Germany the tax code demands to print a receipt for every transaction. This leads to a lot of waste.
    Jannis Dust, CMO and Co-Founder epap.app

     

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    With the app you could also track your spending. It is a companion of your spending. … with the app you get an evaluation on your spending.
    Jannis Dust, CMO and Co-Founder epap.app

     

    The Startup

    The startup is young, it was registered in the Hannover Commercial Registry in April 2020. None-the-less epap.app (https://epap.app/) wants to digitize recipes. In Germany, the tax regulations were changed at the start of 2020. This is called “the obligation to print receipts”. So for each transaction in a store or shop, the merchant needs to provide a receipt, mostly paper-based. This leads to a lot of waste and searching if one needs to find an important receipt in order to claim the warranty. Here the digitalization of epap comes in, since one has all receipts (digital and scans of paper-based ones) in one place, even with little reminders for warranties.

     

    The Epap App

    You can download the epap app in the Apple and Google Stores here: Google Play and App Store

     

    With the app you can also claim the warranty, where you can use epap … we make it easier. You get little reminders for your warranty.
    Jannis Dust, CMO and Co-Founder epap.app

     

    Venture Capital Funding

    Epap is looking to expand to German-speaking Europe and willing to try other European countries if the opportunity presents itself.

    They had their first seed investment round in April 2020 and are planning to raise the next financing round in the first half of 2021, but it will be an extended seed round, they do not plan to scale that fast.

    Currently, the team is eight people strong.

     

     

    Our goal is to provide you with a very comprehensive and granular analysis of your expenses. In a normal finance apps, you see the category. In our app the analysis is based on the digital receipt.
    Jannis Dust, CMO and Co-Founder epap.app

     

     

    Feedback

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

    Meet Berlin-based Fintech Bitbond, the Company Behind Germany’s First Regulated Security Token Offering

    Meet Berlin-based Fintech Bitbond, the Company Behind Germany’s First Regulated Security Token Offering

     

    In spring 2019 we issued our tokenized bond and with that, we established tokenized securities in Germany.
    Radoslav Albrecht, Founder and CEO of Bitbond

    Media Partnership

    This podcast is in media partnership with the Crypto Assets Conference, an event taking place each year in spring and autumn in Frankfurt, organized by the Frankfurt School of Finance and Management and their Blockchain Center.

    You can learn more about the conference here: https://www.crypto-assets-conference.de/

    You can learn more about Philipp Sandner, head of the Blockchain Center in our interview with him here: https://www.startuprad.io/blog/the-german-bill-to-permit-crypto-securities/

    What we are most interested in is to speak to companies, who are interested in tokenization. … to partner up with Bitbond to enhance their tokenization capabilities
    Radoslav Albrecht, Founder and CEO of Bitbond

     

    The Interview

    Find all the links, show notes, and the automated transcript here on our blog post: https://www.startuprad.io/blog/podcast-meet-berlin-based-fintech-bitbond-the-company-behind-germanys-first-regulated-security-token-offering/

    Fintech Review 2020

    The Fintech Review is one of the annual traditions of Joe, established in 2014. Ever since shortly before Christmas we get together with Fintech entrepreneurs, event organizers, and thought leaders to look back at the year and forward to the new one in our fintech review. You can find the ones in English here on YouTube:

     

    https://www.youtube.com/playlist?list=PLUbiCAQc22WsxyePUkzBI-LKh1y4yy0sq

     

    In this Fintech Review, we talk to 

    Paolo Sironi, Fintech Thought Leader, Author (https://www.linkedin.com/in/thepsironi/

    Frank Schwab, Co-Founder Fintech Forum (https://www.linkedin.com/in/frankschwab/

    Luka Ivicev, Fintech Entrepreneur, Forbes 30 under 30 (linkedin.com/in/luka-ivicevic/

     

    Paolos Top 3 News

    Ant Financial IPO

    https://www.npr.org/2020/11/03/930799521/regulators-squash-giant-ant-ipo?t=1607260457756

     

    Google Pay Relaunch https://arstechnica.com/gadgets/2020/11/google-pay-relaunch-transforms-it-into-a-full-fledged-financial-service/#:~:text=Google%20today%20announced%20a%20major,Pay%2C%20and%20even%20some%20banks.

     

    Singapore allows fully digital bank license

    https://www.straitstimes.com/business/banking/mas-awards-digital-full-bank-licences-to-grab-singtel-and-sea-ant-gets-digital

     

    3b

    Starling digital bank posts first profit 

    https://www.financemagnates.com/fintech/news/starling-becomes-first-digital-bank-to-post-profits/#:~:text=UK%2Dbased%20Starling%20Bank%20has,million%20on%20an%20annualized%20basis.

     

    Paolo’s 2020 impact

    Digitalization increases, evaluations declining 

     

    Franks Top 3 News

    Cash is still increasing ⇒ Cash in circulation in Germany increasing ⇒ Virtual ATM Songmic

    Pandemic ⇒ All becomes digital

    Moving from CrowdFunding ⇒ Government Help for Startups: Capilendo 

  • Deep Tech Germany - by Startuprad.io Podcast

    Meet Europe’s most important Seed Investor

    Meet Europe’s most important Seed Investor

     

    We are the most active seed investor in Europe.
    Alex von Frankenberg, MD HTGF

     

    The Investor

    Alexander “Alex” von Frankenberg  (https://www.linkedin.com/in/justdoitalex/, https://twitter.com/Justdoitalex, https://www.crunchbase.com/person/alexander-von-frankenberg) is Managing Director of Germany’s High-Tech Gründerfonds (HTGF).

    We helped to raise 2,8 bn Euros in follow-on funding for our portfolio companies.
    Alex von Frankenberg, MD HTGF

    HTGF is a venture capital investor with private (like BASF, Bayer, Braun, Boehringer Ingelheim, Cewe, Dräger, Haniel, Lanxess, RWE, SAP, …) and public LPs (KfW, German Federal Government). The fund has approximately 890 m € (1 bn US$) in assets under management and close to 600 seed investments. focuses its investments in Europe, especially Germany, but also invests across the world – even at a lesser degree.

    In my experience in the venture business: It is really the “long tail” that matters … it is also in the long tail, in den deal flow, where you need to find the hidden gems
    Alex von Frankenberg, MD HTGF

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    I think our record was 28 days between first meeting the startup and signing the [investment] contract.
    Alex von Frankenberg, MD HTGF

     

     

    The Fund

    In 2005 HTGF  (https://www.htgf.de/en/, https://www.crunchbase.com/organization/high-tech-gr%C3%BCnderfonds, https://twitter.com/HTGF, https://www.linkedin.com/company/high-tech-grunderfonds/) was established as a private-public partnership, to compensate – at the time – for the lack of active, domestic seed investors. Just two years after the bursting of the dot com bubble many seed investors went out of business and so an expert group of the German government recommended setting up a fund. The private investors helped HTGF to develop into a real venture fund, not only a public funding entity.

    I reply to every email, even one that would just say “Yo, we should talk”.
    Alex von Frankenberg, MD HTGF

     

    On average it takes three months between the first contact with HTGF and its investment. Note this may vary significantly during corona and maybe some time afterwards.

    HTGF always takes the role of a lead investor in a seed-stage investment. This is due to their history. In later rounds, they will give up the role of a lead investor.

     

    HTGF IV

    HTGF is currently raising its fourth fund and is looking to close the fund in June 2022.

     

    We not only open doors at our LPs for our portfolio companies, we also know many many other companies.
    Alex von Frankenberg, MD HTGF

     

    Further Readings / Additional Resources

     

     

    We can invest globally, but we are focusing on Germany.

    Alex von Frankenberg, MD HTGF

     

    Feedback

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

    This Month in German Startups – December 2020

    This Month in German Startups – December 2020

     

    Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     

    Welcome to the Chris-mas edition 🙂 

     

    Today we are wrapping up December 2020 for you. Please keep in mind that due to the holidays and the current lockdown in Germany we are recording this news on December 15th. All news not included here will be part of our January warp-up and there will be a 2020 review 2021outlook as well.

     

    Today we bring you news about the 10 bn investment package of the German government, the new DAX, Peter Thiel’s investments in Germany, Taxes, AI, and much more. 

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have!

    Affiliate Links

    The current situation with the Coronavirus-related lockdown is frequently compared to severe economic recessions including, but not limited to the 2008 Financial Crisis and the Stock Market Crash of 1929. If you want to know more, consider these books below.

    • “Galbraith was asked by Arthur M. Schlesinger Jr. if he would write the definitive work on the Great Depression that he would then use as a reference source for his own intended work on Roosevelt.” (from Wikipedia) – The Great Crash 1929 by John Kenneth Galbraith https://amzn.to/3cl41sA
    • Essays on the Great Depression https://amzn.to/2VvEsht by former Fed Chairmen Ben S. Bernanke “an American economist at the Brookings Institution[3] who served two terms as Chair of the Federal Reserve, the central bank of the United States, from 2006 to 2014” (from Wikipedia)
    • From John Kenneth Galbraith as well: A Short History of Financial Euphoria https://amzn.to/2Vxngbg
    • A great book on crashes, bubbles, and economic uncertainty, in general, is “Devil Take the Hindmost: A History of Financial Speculation” by Edward Chancellor https://amzn.to/2VaUDSl

    This Month in German Startups – November 2020

    This Month in German Startups – November 2020

     Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     Today we are wrapping up November 2020 for you with an update on German startups working on corona vaccines, Flixbus, Finleap, Rocket Internet’s ongoing delisting, and a potential digital Euro

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have! 

    Affiliated Links

    Why not learn from entrepreneurs and executives who are open to share their favorite books. We skimmed through some recommendations and that is what we found.

    ·        Recommended by: Bill Gates 
    “Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlB

    ·        Recommended by: Jeff Bezos 
    “Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKe

    ·        Recommended by: Elon Musk 
    “Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhw

    ·        Recommended by: Tony Hsieh
    “Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQ

    ·        Recommended by: Warren Buffet 
    “Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06

    ·        Recommended by: Tim Cook 
    “Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn

    Show Notes, Links and more reading

    https://www.startuprad.io/blog/this-month-in-german-startups-november-2020/

  • Blockchain Germany - By Startuprad.io Podcast

    Meet Berlin-based Fintech Bitbond, the Company Behind Germany’s First Regulated Security Token Offering

    Meet Berlin-based Fintech Bitbond, the Company Behind Germany’s First Regulated Security Token Offering

     

    In spring 2019 we issued our tokenized bond and with that, we established tokenized securities in Germany.
    Radoslav Albrecht, Founder and CEO of Bitbond

    Media Partnership

    This podcast is in media partnership with the Crypto Assets Conference, an event taking place each year in spring and autumn in Frankfurt, organized by the Frankfurt School of Finance and Management and their Blockchain Center.

    You can learn more about the conference here: https://www.crypto-assets-conference.de/

    You can learn more about Philipp Sandner, head of the Blockchain Center in our interview with him here: https://www.startuprad.io/blog/the-german-bill-to-permit-crypto-securities/

    What we are most interested in is to speak to companies, who are interested in tokenization. … to partner up with Bitbond to enhance their tokenization capabilities
    Radoslav Albrecht, Founder and CEO of Bitbond

     

    The Interview

    Find all the links, show notes, and the automated transcript here on our blog post: https://www.startuprad.io/blog/podcast-meet-berlin-based-fintech-bitbond-the-company-behind-germanys-first-regulated-security-token-offering/

    This Month in German Startups – December 2020

    This Month in German Startups – December 2020

     

    Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     

    Welcome to the Chris-mas edition 🙂 

     

    Today we are wrapping up December 2020 for you. Please keep in mind that due to the holidays and the current lockdown in Germany we are recording this news on December 15th. All news not included here will be part of our January warp-up and there will be a 2020 review 2021outlook as well.

     

    Today we bring you news about the 10 bn investment package of the German government, the new DAX, Peter Thiel’s investments in Germany, Taxes, AI, and much more. 

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have!

    Affiliate Links

    The current situation with the Coronavirus-related lockdown is frequently compared to severe economic recessions including, but not limited to the 2008 Financial Crisis and the Stock Market Crash of 1929. If you want to know more, consider these books below.

    • “Galbraith was asked by Arthur M. Schlesinger Jr. if he would write the definitive work on the Great Depression that he would then use as a reference source for his own intended work on Roosevelt.” (from Wikipedia) – The Great Crash 1929 by John Kenneth Galbraith https://amzn.to/3cl41sA
    • Essays on the Great Depression https://amzn.to/2VvEsht by former Fed Chairmen Ben S. Bernanke “an American economist at the Brookings Institution[3] who served two terms as Chair of the Federal Reserve, the central bank of the United States, from 2006 to 2014” (from Wikipedia)
    • From John Kenneth Galbraith as well: A Short History of Financial Euphoria https://amzn.to/2Vxngbg
    • A great book on crashes, bubbles, and economic uncertainty, in general, is “Devil Take the Hindmost: A History of Financial Speculation” by Edward Chancellor https://amzn.to/2VaUDSl

    The BISON App Allows Uncomplicated and Reliable Trading of Cryptocurrencies on the Smartphone

    The BISON App Allows Uncomplicated and Reliable Trading of Cryptocurrencies on the Smartphone

     

    We were the first to provide crypto buying and selling from an in Germany licensed institution.

    Ulli Spankowski, CDO Börse Stuttgart


    Media Partnership

    This podcast is in media partnership with the Crypto Assets Conference, an event taking place each year in spring and autumn in Frankfurt, organized by the Frankfurt School of Finance and Management and their Blockchain Center.

    You can learn more about the conference here: https://www.crypto-assets-conference.de/

    You can learn more about Philipp Sandner, head of the Blockchain Center in our interview with him here:

    https://www.startuprad.io/blog/the-german-bill-to-permit-crypto-securities/

     

    The Chief Digital Officer

    This time we talk to Ulli Spankowski (https://de.linkedin.com/in/ulli-spankowski-08652916https://twitter.com/uspankowski?lang=enhttps://www.crunchbase.com/person/ulli-spankowski ) a fintech and blockchain entrepreneur, who sold his company to the Stuttgart Stock Exchange, which than promoted him to be the CDO (Chief Digital Officer). He is an economist by training, who did his PhD in market microstructure. He co-founded his fintech startup with co-founders from Slovenia.

     

    We met with the CIO of Börse Stuttgart – back then – and discussed what can be done with financial markets in the future, if you completely rethink it, based on blockchain technology.

    Ulli Spankowski, CDO Börse Stuttgart

     

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    Bitcoin was much bigger in Slovenia. When my co-founder told me to do something in bitcoin, I said … Bit-What?

    Ulli Spankowski, CDO Börse Stuttgart

     

    The Startup

    Back in 2013, Ulli founded his startup Sowa Labs together with co-founders from Slovenia, which he met during an EU funded project during his Ph.D. Thesis. The idea of aggregating data from across the web and social media on cryptocurrencies evolved into cryptocurrency trading. They then sold the startup to the Stuttgart Stock Exchange in 2017 and developed what has become their BISON app: https://bisonapp.com/en/ (App StoreGoogle Play Store). This was not a bad move, since Börse Stuttgart is the market leader in Europe as a trading venue for retail structured products and one of the 10 largest stock exchanges in Europe.

     

    We started out with cryptocurrencies, but we are planning to move gradually into security tokens.

    Ulli Spankowski, CDO Börse Stuttgart

     

     

    When I was attending conferences [at the beginning of cryptocurrencies] I always said “The biggest problem of cryptocurrencies is that no one cares about them”

    Ulli Spankowski, CDO Börse Stuttgart

     

     

    Further Readings / Additional Resources

    Market Microstructure: https://en.wikipedia.org/wiki/Market_microstructure 

    Börse Stuttgart: https://www.boerse-stuttgart.de/en/

    Multilateral trading facility: https://en.wikipedia.org/wiki/Multilateral_trading_facility

    Euwax (The market for retail structured products, not related to BISON, but we talk about it as an offering of Börse Stuttgart): https://www.boerse-stuttgart.de/en/investing/euwax-segment/

    OTC Trading: https://www.investopedia.com/terms/o/otc.asp

    AML: https://www.investopedia.com/terms/a/aml.asp

     

     

    Feedback

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

  • Security Sutra - By Startuprad.io Podcast

    This Month in German Startups – December 2020

    This Month in German Startups – December 2020

     

    Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     

    Welcome to the Chris-mas edition 🙂 

     

    Today we are wrapping up December 2020 for you. Please keep in mind that due to the holidays and the current lockdown in Germany we are recording this news on December 15th. All news not included here will be part of our January warp-up and there will be a 2020 review 2021outlook as well.

     

    Today we bring you news about the 10 bn investment package of the German government, the new DAX, Peter Thiel’s investments in Germany, Taxes, AI, and much more. 

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have!

    Affiliate Links

    The current situation with the Coronavirus-related lockdown is frequently compared to severe economic recessions including, but not limited to the 2008 Financial Crisis and the Stock Market Crash of 1929. If you want to know more, consider these books below.

    • “Galbraith was asked by Arthur M. Schlesinger Jr. if he would write the definitive work on the Great Depression that he would then use as a reference source for his own intended work on Roosevelt.” (from Wikipedia) – The Great Crash 1929 by John Kenneth Galbraith https://amzn.to/3cl41sA
    • Essays on the Great Depression https://amzn.to/2VvEsht by former Fed Chairmen Ben S. Bernanke “an American economist at the Brookings Institution[3] who served two terms as Chair of the Federal Reserve, the central bank of the United States, from 2006 to 2014” (from Wikipedia)
    • From John Kenneth Galbraith as well: A Short History of Financial Euphoria https://amzn.to/2Vxngbg
    • A great book on crashes, bubbles, and economic uncertainty, in general, is “Devil Take the Hindmost: A History of Financial Speculation” by Edward Chancellor https://amzn.to/2VaUDSl

    This Month in German Startups – November 2020

    This Month in German Startups – November 2020

     Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     Today we are wrapping up November 2020 for you with an update on German startups working on corona vaccines, Flixbus, Finleap, Rocket Internet’s ongoing delisting, and a potential digital Euro

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have! 

    Affiliated Links

    Why not learn from entrepreneurs and executives who are open to sharing their favorite books. We skimmed through some recommendations and that is what we found.

    ·        Recommended by: Bill Gates 
    “Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlB

    ·        Recommended by: Jeff Bezos 
    “Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKe

    ·        Recommended by: Elon Musk 
    “Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhw

    ·        Recommended by: Tony Hsieh
    “Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQ

    ·        Recommended by: Warren Buffet 
    “Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06

    ·        Recommended by: Tim Cook 
    “Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn

    Show Notes, Links and more reading

    https://www.startuprad.io/blog/this-month-in-german-startups-november-2020/

    This Month in German Startups – October 2020

    This Month in German Startups – October 2020

    Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

    Today we are wrapping up October 2020 for you with a monster round in the making at N26, new information on the Wirecard insolvency and questions about published information of Heidelberg based insurance startup Getsafe. 

    You can now join us on the entrepreneur network DueDash: https://buff.ly/2R90PYp with 5 Euros a month you support our work! Or become a Patron at Patreon: https://buff.ly/32bZ4zW 

    Thank you!

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

  • Tech Startups Germany (Audio) Podcast

    This Month in German Startups – December 2020

    This Month in German Startups – December 2020

     

    Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     

    Welcome to the Chris-mas edition 🙂 

     

    Today we are wrapping up December 2020 for you. Please keep in mind that due to the holidays and the current lockdown in Germany we are recording this news on December 15th. All news not included here will be part of our January warp-up and there will be a 2020 review 2021outlook as well.

     

    Today we bring you news about the 10 bn investment package of the German government, the new DAX, Peter Thiel’s investments in Germany, Taxes, AI, and much more. 

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have!

    Affiliate Links

    The current situation with the Coronavirus-related lockdown is frequently compared to severe economic recessions including, but not limited to the 2008 Financial Crisis and the Stock Market Crash of 1929. If you want to know more, consider these books below.

    • “Galbraith was asked by Arthur M. Schlesinger Jr. if he would write the definitive work on the Great Depression that he would then use as a reference source for his own intended work on Roosevelt.” (from Wikipedia) – The Great Crash 1929 by John Kenneth Galbraith https://amzn.to/3cl41sA
    • Essays on the Great Depression https://amzn.to/2VvEsht by former Fed Chairmen Ben S. Bernanke “an American economist at the Brookings Institution[3] who served two terms as Chair of the Federal Reserve, the central bank of the United States, from 2006 to 2014” (from Wikipedia)
    • From John Kenneth Galbraith as well: A Short History of Financial Euphoria https://amzn.to/2Vxngbg
    • A great book on crashes, bubbles, and economic uncertainty, in general, is “Devil Take the Hindmost: A History of Financial Speculation” by Edward Chancellor https://amzn.to/2VaUDSl

    Learn from Maria – Investor in several of Germany’s renowned startups

    Learn from Maria – Investor in several of Germany’s renowned startups

    Normally you want to invest in people who you already know.

    Maria Pennanen, Startup Investor

     

    The Enabler

    This interview is part of our series of startups and investors in the startup scene in the state of Hessen. The whole series is sponsored by Hessen Trade and Invest, you can learn more about our enabler here: www.invest-in-hessen.com

    Startup investment is a very risky business

    Maria Pennanen, Startup Investor

     

    The Investor

    In this interview we talk to Maria Pennanen, she is known to our established audience as co-founder of Accelerator Frankfurt, but she is also a Business Angel with more than 10 direct investments. Directly and indirectly, she is or was invested in many renowned startups like SolarisbankClarkBankifySavedo or Finance Ads.

    You can learn more about Maria here:

     

    The best thing to start is joining a business angel organization

    Maria Pennanen, Startup Investor

     

    The Author

    Maria is also the author of the book “how to f*ck up your startup” in which she helps entrepreneurs to learn from failures. You can find the eBook here https://amzn.to/3oa2Stw

     

    Affiliate Links

    Why not learn from entrepreneurs and executives who are open to share their favorite books. We skimmed through some recommendations and that is what we found.

    • Recommended by: Bill Gates
      “Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlB
    • Recommended by: Jeff Bezos
      “Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKe
    • Recommended by: Elon Musk
      “Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhw
    • Recommended by: Tony Hsieh
      “Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQ
    • Recommended by: Warren Buffet
      “Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06
    • Recommended by: Tim Cook
      “Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn

    It is very rare that you invest in an idea from people you just met, especially in seed.
    Maria Pennanen, Startup Investor


    Find all information and an automated transcript here: 

    https://www.startuprad.io/blog/learn-from-maria-investor-in-several-of-germanys-renowned-startups/

    This Month in German Startups – November 2020

    This Month in German Startups – November 2020

     Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     Today we are wrapping up November 2020 for you with an update on German startups working on corona vaccines, Flixbus, Finleap, Rocket Internet’s ongoing delisting, and a potential digital Euro

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have! 

    Affiliated Links

    Why not learn from entrepreneurs and executives who are open to share their favorite books. We skimmed through some recommendations and that is what we found.

    ·        Recommended by: Bill Gates 
    “Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlB

    ·        Recommended by: Jeff Bezos 
    “Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKe

    ·        Recommended by: Elon Musk 
    “Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhw

    ·        Recommended by: Tony Hsieh
    “Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQ

    ·        Recommended by: Warren Buffet 
    “Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06

    ·        Recommended by: Tim Cook 
    “Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn

    Show Notes, Links and more reading

    https://www.startuprad.io/blog/this-month-in-german-startups-november-2020/

  • Tech Startups Germany (Video) Podcast

    doks. innovation enables indoor drone flights for next level digital logistics

    doks. innovation enables indoor drone flights for next-level digital logistics

    Inside a building GPS does not work. We use a combination of global mapping and local mapping… it is very very complex.

    Benjamin Federmann, CEO and Co-Founder doks.innovation

     

    The Founder

    In this interview, we talk to Benjamin Federmann (https://www.linkedin.com/in/benjaminfedermann/) the CEO and Co-Founder of Kassel-based drone startup doks. innovation (https://www.doks-innovation.com/). D oks.innovation is not a hardware startup, they only provide  Benjamin has spent some time after university in marketing and consulting for some smaller and also well-known companies like Leica.

     

    The feedback from the interviews I conducted was so good, I was sure I needed to found the company

    Benjamin Federmann, CEO and Co-Founder doks.innovation

    Patreon

    Learn about our interviews hours before they are released, help in the selection of the startups we interview, or even suggest startups to be interviewed, by becoming a Patron: https://buff.ly/32bZ4zW

     

    The customer can ask almost any question and find the answer in our data.

    Benjamin Federmann, CEO and Co-Founder doks.innovation

     

    DueDash

    If you don’t like Patreon, there is DueDash. DueDash is a Social Network, for startups and investors. We have a group of supporters there as well. You can join the group there:  https://buff.ly/2R90PYp

     

    When we started with our first prototype, we crashed 30 to 40 drones.

    Benjamin Federmann, CEO and Co-Founder doks.innovation

     

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

    Our drone is a flying camera to collect data for the inventory management.

    Benjamin Federmann, CEO and Co-Founder doks.innovation

     

    The Startup

     

    The startup doks.innovation enables companies to monitor their warehouses via drones, which can fly indoors without smacking on any shelf or wall. Doks is not a hardware startup. doks.innovation provides only the ai software for the drones to enable them to fly indoors. On the other hand, they are also working closely with hardware providers, since they have very specific requirements for their drones. The drones are using cutting-edge drone hardware, which is not yet publicly available.
    The company is still small, but they have reference customers like Mars and BMW.

    Our clients have to press a button and come back 3 or 4 hours later. The data collection is totally automated. The customer can ask almost any question and can find the answer in our data.
    Benjamin Federmann, CEO and Co-Founder doks.innovation

     

    Venture Capital Funding

    doks.innovation is open to talking to new investors from Europe and the US. They are looking for the next financing round in Q1 2021 and to expand to the US in 2021.

     

    When we stared there was no hardware available for what we have been looking for.

    Benjamin Federmann, CEO and Co-Founder doks.innovation

     

     

    The Video Interview is set to go live on October 15th, 2020 19.00 CET Frankfurt/Paris/Zürich/Milano

    https://youtu.be/yi8SmEMuuj8

     

    Drones are good for land surveying, but are there areas where drones are currently not working? So I made more than 100 interviews in one and a half year.

    Benjamin Federmann, CEO and Co-Founder doks.innovation

     

    Further Readings / Additional Resources

    Learn more about Kassel here: https://www.tripadvisor.com/Tourism-g187342-Kassel_Hesse-Vacations.html

     

    Feedback

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

    Cyreen provides consumer brands with brick and mortar analytics

    Cyreen provides consumer brands with brick and mortar analytics

    We analyze shopping behaviour based on the contact with an in-store commercial. Our system does not even know if you are male or female.
    Davide Scheidegger, Co-Founder Cyreen

     

    Cyreen establishes a data-driven retail media standard for consumer brands in supermarkets. Courtesy of Cyreen

    The Founder

    We talk to Davide Scheidegger (https://www.linkedin.com/in/davidescheidegger/), who is originally from Switzerland, but now lives in Wiesbaden, working with his other co-founders on their startup Cyreen (https://www.cyreen.de/). They provide with movement tracking of shopping carts and in-store-advertisements, analytics for brick and mortar retailers, as well as for retail brands.

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

    Find all options to subscribe here:

     

    This is kind of the best advertisement in Germany, when you say: “Today you save 20%”
    Davide Scheidegger, Co-Founder Cyreen

     

    The Startup

    Cyreen is an analytics software for inside a brick and mortar retailer. The tool tracks (anonymized) shopping carts and analyze customer behavior in the market. They can also show advertisements to the clients inside the retailer on small screens and track their efficiency. Cyreen can also include outside parameters e.g. temperature.

    Cyreen is an award-winning start-up that provides transparent, measurable and close-to-purchase marketing solutions for advertisers. They successfully launched their first product C.A.P. (Connecting Ad-Impressions with Purchase) in several stores. With C.A.P., they have developed a high-end digital signage system. For the first time, detailed advertising effectiveness analyses for offline marketing are possible according to the online logic of Facebook & Co.

    We normally don’t talk to our clients directly, but via our ad & media agencies.
    Davide Scheidegger, Co-Founder Cyreen

     

    Davide refers to this advertisement of Wiesenhof, which they helped to measure in store

    Atze Schröder Wiesenhof, was one of the commercials measured by Cyreen in-store:

    https://youtu.be/7BZfmh7JM68

     

    More information on their tool CAP – Connecting Ad-Impressions with Purchase (Cyreen is the name of the company)

    https://vimeo.com/341804155

     

    A study by the University of St. Gallen. The link will open a PDF.

     

    We even tested the advertisement for ice cream in winter.
    Davide Scheidegger, Co-Founder Cyreen

     

    Patreon

    Learn about our interviews hours before they are released, help in the selection of the startups we interview or even suggest startups to be interviewed, by becoming a Patron: https://buff.ly/32bZ4zW

     

    DueDash

    If you don’t like Patreon, there is DueDash. DueDash is a Social Network, for startups and investors. We have a group of supporters there as well. You can join the group there:  https://buff.ly/2R90PYp

     

    Affiliate Links

    Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d

    Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    Even though I have not been to Wiesbaden before, I fell in love with the city instantly. Mainz is not too far away and the wine is great.
    Davide Scheidegger, Co-Founder Cyreen

    The Video Interview is set to go live on September 17th 19.00 CET (Frankfurt / Zürich)

    https://youtu.be/iN0RgBpMYg8

    The Audio Interview will go live at the same time

    Subscribe to our podcasts here

     

    Further Readings / Additional Ressources

     

    Bahncard 100 https://www.bahn.com/en/view/offers/bahncard/bahncard_100-conditions.shtml

    German retailer REWE (as of end of 2019 they generated 62.7 bn Euros in revenue, almost 75 bn US$) https://en.wikipedia.org/wiki/REWE_Group

    Herbert, a German male first name: https://en.wikipedia.org/wiki/Herbert_(given_name)#:~:text=From%20Wikipedia%2C%20the%20free%20encyclopedia,names%20with%20the%20same%20roots.

    Joe refers to the shopping list app BRING! https://getbring.com/#!/app

    ALDI and Lidl (the German discounters mentioned):

     

    We normally don’t talk to our clients … but to their ad agencies.
    Davide Scheidegger, Co-Founder Cyreen

     

    Feedback

     

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

     

    The Interviewer

    This interview was conducted by Jörn “Joe” Menninger, startup scout, founder and host of Startuprad.io. Reach out to him:
    LinkedIn
    Twitter
    Email

    Quoscient helps to analyze, investigate and respond to cyber-threats

    This is the last episode before our summer break of this podcast. We will be back in September!

    QuoScient helps to analyze, investigate and respond to cyber-threats

     

    Attackers are devious… During the current health crisis, they are going after health institutions and hospitals. They don’t basically care that they are doing damage to people who have already health problems.

    Ioannis Bizimis, Co-Founder QuoScient

     

     

    The Founder

    In this interview, we are talking to Ioannis Bizimis (https://www.linkedin.com/in/ioannis-bizimis-6423527/https://twitter.com/defense_active), the Co-Founder, CFO, CRO, and  CISO of QuoScient.

    Ioannis has been an Investment Manager, project lead with Dow Jones, with MarkIt, an employee of Deutsche Bank and other well-regarded companies. He has a lot of experience and with this experience, he started to set up QuoScient.

     

    One of the biggest strategies [of hackers] is to come into your network and stay there and install as many backdoors as they can. They will use them when they need it.
    Ioannis Bizimis, Co-Founder QuoScient

     

    Patreon

    You can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content.

     

    It costs hackers just a few hundred Dollars or Euros to build up an attack campaign. The effort on the other side is thousands, sometimes millions to understand this kind of campaign.

    Ioannis Bizimis, Co-Founder QuoScient 

     

    Affiliate Links

    • Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
    • Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

     

    The Startup

    QuoScient (https://www.quoscient.io/https://www.crunchbase.com/organization/quoscient)  is a cybersecurity startup, which recently split into three parts to better pursue their respective activities. Two of those entities are still headquartered in Frankfurt, one in Columbia, Maryland (close to Baltimore). They basically split along their business lines:

     

    [A company] first must understand what their most critical assets are and what are the [cyber] risks to those assets.

    Ioannis Bizimis, Co-Founder QuoScient

     

    Venture Capital Funding

    QuoScient has just raised venture capital. They may be looking at another funding round in the fall of 2020. If you want to keep posted, reach out to us.

     

    Threats can not only come from the outside. Capable hackers can also send you someone, pretending to work for you as contractor. … they do this professionally.

    Ioannis Bizimis, Co-Founder QuoScient

     

    The Video Interview is set to go live on July 2nd, 2020 19.00 CET

    https://youtu.be/qM_ngqKHuZ4

     

     

    Subscribe to our podcasts here

     

     

    Further Readings / Additional Resources

    Have a look at the other interview Joe refers to with IT SEAL:

    https://www.startuprad.io/blog/it-seal-helps-companies-to-train-their-employees-in-cyber-security/

    Feedback

     

    Reach out to us, here is our audience survey, to give us feedback, suggest topics, interview partners or just to say “Hallo!” https://forms.gle/mLV6mVKwGwKuut8BA

  • German Startup News - by Startuprad.io Podcast

    This Month in German Startups – December 2020

    This Month in German Startups – December 2020

     

    Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     

    Welcome to the Chris-mas edition 🙂 

     

    Today we are wrapping up December 2020 for you. Please keep in mind that due to the holidays and the current lockdown in Germany we are recording this news on December 15th. All news not included here will be part of our January warp-up and there will be a 2020 review 2021outlook as well.

     

    Today we bring you news about the 10 bn investment package of the German government, the new DAX, Peter Thiel’s investments in Germany, Taxes, AI, and much more. 

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have!

    Affiliate Links

    The current situation with the Coronavirus-related lockdown is frequently compared to severe economic recessions including, but not limited to the 2008 Financial Crisis and the Stock Market Crash of 1929. If you want to know more, consider these books below.

    • “Galbraith was asked by Arthur M. Schlesinger Jr. if he would write the definitive work on the Great Depression that he would then use as a reference source for his own intended work on Roosevelt.” (from Wikipedia) – The Great Crash 1929 by John Kenneth Galbraith https://amzn.to/3cl41sA
    • Essays on the Great Depression https://amzn.to/2VvEsht by former Fed Chairmen Ben S. Bernanke “an American economist at the Brookings Institution[3] who served two terms as Chair of the Federal Reserve, the central bank of the United States, from 2006 to 2014” (from Wikipedia)
    • From John Kenneth Galbraith as well: A Short History of Financial Euphoria https://amzn.to/2Vxngbg
    • A great book on crashes, bubbles, and economic uncertainty, in general, is “Devil Take the Hindmost: A History of Financial Speculation” by Edward Chancellor https://amzn.to/2VaUDSl

    This Month in German Startups – November 2020

    This Month in German Startups – November 2020

     Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

     Today we are wrapping up November 2020 for you with an update on German startups working on corona vaccines, Flixbus, Finleap, Rocket Internet’s ongoing delisting, and a potential digital Euro

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

     

    Housekeeping – Time to brag 

    We have only one thing to say: Stay safe everybody! Be grateful for what you have! 

    Affiliated Links

    Why not learn from entrepreneurs and executives who are open to share their favorite books. We skimmed through some recommendations and that is what we found.

    ·        Recommended by: Bill Gates 
    “Enlightenment Now by Steven Pinker” https://amzn.to/2XAENlB

    ·        Recommended by: Jeff Bezos 
    “Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry Porras” https://amzn.to/2RGKGKe

    ·        Recommended by: Elon Musk 
    “Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel” https://amzn.to/2REbHhw

    ·        Recommended by: Tony Hsieh
    “Tribal Leadership: Leveraging Natural Groups to Build a Thriving Organization by Dave Logan” https://amzn.to/34KgraQ

    ·        Recommended by: Warren Buffet 
    “Business Adventures: Twelve Classic Tales From the World of Wall Street by John Brooks” https://amzn.to/2K92z06

    ·        Recommended by: Tim Cook 
    “Competing Against Time by George Stalk and Thomas Hout” https://amzn.to/3cjMMYn

    Show Notes, Links and more reading

    https://www.startuprad.io/blog/this-month-in-german-startups-november-2020/

    This Month in German Startups – October 2020

    This Month in German Startups – October 2020

    Welcome to This Month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

    Today we are wrapping up October 2020 for you with a monster round in the making at N26, new information on the Wirecard insolvency and questions about published information of Heidelberg based insurance startup Getsafe. 

    You can now join us on the entrepreneur network DueDash: https://buff.ly/2R90PYp with 5 Euros a month you support our work! Or become a Patron at Patreon: https://buff.ly/32bZ4zW 

    Thank you!

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

  • German Startup News (Video) Podcast

    This Month in German Startups – June 2020

    This Month in German Startups – June 2020

    Intro

    Today we are going to talk about German startups, in the process of producing vaccines for Covid19, the potential accounting fraud at Wirecard, startups in Frankfurt, Munich, Cologne and Berlin, and the 110th Birthday of Konrad Zuse, the inventor of the modern-day computer.

    Welcome to this month in German Startups by Startuprad.io – in a transatlantic news recording with Chris in New York City.

    Reach out to us

    Patreon

    If you like our podcast, consider supporting us on Patreonhttps://www.patreon.com/startupradio

     

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

     

    Find all options to subscribe here: 

    The Video Interview is set to go live on Thursday, June 25th 2020

    https://youtu.be/xRNMoOSm28Y

     

    The Audio Interview is set to go live on June 30th, 2020

    The Audio Podcast will be published next week. Subscribe to our podcasts here

     

    Housekeeping – Time to brag 

    Now it is official, Startuprad.io passed several milestones. 

    1. We reached more than 200.000 subscribers for our podcasts alone! 206.014 as of today! We count subscribers, who return at least once in 7 days to our RSS feed over 90 days.
    2. We managed to score more than 1.000 days in podcast charts (iTunes, Stitcher, Spotify, and Chartable), actually, we made 1.026 days so far. https://www.startuprad.io/blog/startuprad-io-ranked-now-in-33-countries-and-1-000-days-in-podcast-charts/
    3. We now scored with PR China, Croatia, and Singapore in three more countries and now we made it in 33 countries in their respective podcast charts. We are also a steady member of chartable.com’s science and tech podcast charts, for the US as well as globally. https://www.startuprad.io/blog/startuprad-io-ranked-now-in-33-countries-and-1-000-days-in-podcast-charts/

    And again we have several interviews and blog posts for you. We will also have on July 1st our first live stream after corona. https://www.meetup.com/Startup-Couch-TV-Talks/events/271395382/

     

    Coronavirus / Covid19 

     

    Wirecard – This month’s top news in Germany

    Intro

    Wirecard is a company processing payments. The company works as an intermediary and guarantor between buyers and sellers and takes a commission on all transactions. They have about 5,000 employees and actually replaced Commerzbank (we will talk about them later) in DAX 30 (Germany’s equivalent of the Dow Jones Industrial Average 30). They are the first “fintech” to achieve this.

    The big problem now is that there are accounts missing, which should hold 1.9 bn Euros in cash. So these 1.9 billion are in their balance sheets, but they probably basically don’t exist. Let’s back up a bit, though.

    Find all the details in our dedicated Podcast recording (Audio, Video, and Blogpost):

    PODCAST News Wrap-up developing Wirecard story

    Ecosystem 

    • VC investments have declined by 20 percent worldwide due to the Corona crisis shows the latest report by Startup Genome https://buff.ly/3eoTdus 
    • There are approximately 900 fintech startups in Germany, of which almost 35% are headquartered in Berlin. No 2 are Hamburg and Frankfurt with 10.6% of the fintechs https://buff.ly/3egGH0v 
    • Ridepooling services are not looking good in Germany and the #coronavirus does not help. With a few exceptions no service provider generates profits and many backers may reconsider after the crisis https://buff.ly/3dopX6a 

     

    Startup Hubs

    #Frankfurt

    • Commerzbank is not really known across Germany as a big fintech investor. But this story tells how they invested in Marqeta via CommerzVentures. They invested in a 25 mn US$ round and now own (yes, there is some guesswork involved) approx. 3.5% of the company, now valued at 4.3 bn US$ – which leads to their share being valued at approx. 150 mn. This assumes CommerzVentures did not sell any shares in the meantime https://buff.ly/3dvn7gw
    • Bryter, a software toolbox – with locations in #Frankfurt, #Berlin, and #London raises 14 min Euros #VentureCapital https://buff.ly/2MrmN6m 
    • Wingcopter Awarded as Technology Pioneer by World Economic Forum – sUAS News – The Business of Drones https://buff.ly/2Azw8Hi 

    #Aachen

    #Munich

    #Cologne

    • Ford-owned Spin scooters head to Europe, starting with Germany with Cologne, Essen, and Dortmund – TechCrunch https://buff.ly/3dS2PxN

     

    Companies 

    • Researchers find exposed data on millions of users of #Berlin-based quiz app, TVSmiles – TechCrunch https://buff.ly/36ZotgX 
    • Klarna partners with Raisin to open savings accounts in Germany https://buff.ly/2BWujEy
    • Former Rocket Internet Managers start 468 Capital, a 170 mn Euros #deeptech #VentureCapital fund https://buff.ly/3d9zSMA
    • There is still life in the German-speaking startup scene. Proof here the #VentureCapital investments (in chronological order)
      • Homeday raises €40 million from Axel Springer and others for its hybrid real estate brokerage service – @tech_eu https://buff.ly/3hxYfXH
      • Berlin-based Contentful secures €71.3M funding to accelerate expansion; ropes in new CMO | @SiliconCanals https://buff.ly/3dc2k0l 
      • 83North, Microsoft|s M12 and Next47, Paua Ventures, EQT Ventures and Atlantic Labs invest 26 million Euro #VentureCapital in Wandelbots, a startup which has a tool to code for industrial robots https://buff.ly/3htkkXD #manufacturing #Germany #startups 
      • Berlin-based #fintech scale-up @smava secures €57 million in financing to maintain growth through economic downturn – @tech_eu https://buff.ly/36D3m47 
      • German #Healthcare #Jobs Startup Medwing Wins $30m Series B Round — Red Herring https://buff.ly/2AinHPW
      • Swiss SME Lending Startup Teylor Closes CHF 8 Million Funding / Expands to Germany https://buff.ly/30rMbBb
    • Sennder, a #Berlin-based logistics company, has acquired French rival Everoad to create one of the largest digital platforms for road shipments in Europe. https://buff.ly/3cJZpMd 
    • Vivid Money: How this new German #mobile #banking startup plans to challenge fintech moguls | @SiliconCanals https://buff.ly/37HGX62

     

    Happy 110th Birthday to Konrad Zuse

    Konrad Zuse was born on June 22nd, 1910. His greatest achievement was the world’s first programmable computer; the functional program-controlled Turing-complete Z3 became operational in May 1941. His company built more than 250 computers between 1949 to 1967 in Hessen. It was sold to Siemens in 1967.

    Zuse died on 18 December 1995 in Hünfeld, Hesse (near Fulda) from heart failure.

    https://en.wikipedia.org/wiki/Konrad_Zuse

     

    See you in September! We will be back with "This Month in German Startups" 
    with a summer news wrap-up end of September 2020. Enjoy your summer!

     

    Stay Ahead of the Curve

    News Wrap-up developing Wirecard story

    Find all further Links and show notes on our blog post: https://www.startuprad.io/blog/news-wrap-up-developing-wirecard-story/ 

    Patreon

    You can now support us on Patreon https://www.patreon.com/bePatron?u=35246148 if you like what you see and hear consider to support us, so we can keep bringing you great content.

    Affiliate Links

    • Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
    • Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

    This Month in German Startups – May 2020

    This Month in German Startups – May 2020

    If you are new to our podcast(s), we are wrapping up the startup news of the German-speaking area in a monthly recording from Frankfurt and New York. Have a look at our website www.startuprad.io or www.startup.radio and you will find all the links to our recordings and the articles we are quoting from there. Some of the source articles are in English, some are in German.

     

    Reach out to us

    Patreon

    If you like our podcast, consider supporting us on Patreonhttps://www.patreon.com/startupradio

    Enabler

    This recording was made possible by (Hessen Trade and Invest). Learn more about our enabler here: https://www.invest-in-hessen.com/

    Together with our enabler, we are running a podcast called “Tech Startups Germany”, which will focus on startups at a Serie A stage or even more mature. You will also find all the videos we produce for this podcast on our YouTube channel www.youtube.com/startupradio. This podcast is available directly on our device as an audio and video podcast. Yes, Startuprad.io makes the first downloadable video podcast. Find all options to subscribe here: 

    Video Recording – YouTube (the video will premiere on Thursday, May 28th 19.00 CET / 1 pm Eastern)

    https://youtu.be/Yu_rojiz9mw 

     

    Housekeeping – Time to brag 

    • The current situation looks a bit better, so we feel ok with a tiny bit of bragging 🙂 We made it in Russia’s Apple Tech Podcast Charts (up to #121) and PR China Apple Tech Podcast Charts (up to #485). This gets the total to 30 countries!  We are also now on Patreon. If you like your podcast, become a patron! (www.patreon.com/startupradio)
    • We published again some cool interviews, where we wanted to highlight especially this month’s interview with IDA, where we talk to the CEO and Co-Founder Hamedo Ayadi of Intelligence Data Analytics. At the start of the coronavirus outbreak, 70% of their employees worked related to aviation, which was completely stopped by one phone call. He tells the story of how they changed strategy fast to survive: https://www.startuprad.io/interviews/ida-pivoted-fast-during-corona-before-70-of-their-employees-worked-with-aviation-companies/ 

    Coronavirus / Covid19

    • German government approves the corona aid package for startups. A two billion fund will add to private funding from the package (30% private, 70% public) this is called „Corona-Matching-Fazilität“ (CMF). The package was put together quite fast since the first announcement has been in mid-April. https://buff.ly/2zFr4jL There will be another pillar, called “Startup-Schutzschild” (startup shield), which will assist the instruments of Germany’s 16 states for startups, who have no backing by investors yet. 
      • Related we found news about two of the measures of single states: 
      • Bavaria: LfA sets up a new loan program for small and very small enterprises – Munich Startup https://buff.ly/3c3MBkp 
      • Hamburg: They call their program InnoStartup – Hamburg Startups https://buff.ly/2zPOLpp (some more information in the Hamburg Hub section)
    • Corona cases in Amazon logistics center in Winsen, Germany: Verdi demands to close the location https://buff.ly/3dipDGb
    • German unicorns like Dreamlines, Flixbus, Getyourguide, Homelike, Hometogo, Omio, Tourlane and Trivago write an open letter to Google to get 75 mn € advertisement money back https://buff.ly/3f2rFMF  the letter is also signed by the head of German startup association
    • 50% of startups have 6 months to live & other insights from our COVID-19 survey – Slush https://buff.ly/2Z6J0hG 
      • Highlights:
      • Startups will need to raise funds at any cost
        • The importance of networks at a new high
        • Recruitment at a halt, but existing staff is largely kept on
        • Remote work is taking a toll “ Working from home has put a strain on startup employees.”
        • As sales drop, new winners are emerging “B2C startups are doing better than those selling B2B, and pure D2C companies have actually experienced a net increase in sales.”Good news: (Chris)
    • KML Vision is an #AI startup from Graz, Austria. It claims, it’s software could recognize Covid-19 on x-ray pictures https://buff.ly/2SA3MT3 
    • In a podcast, Marc Cuban “Why Coming Out of The Pandemic Will Be The Best Time In The History of Mankind To Start A Business” https://buff.ly/2A5ujBd 
    • He was also guest on the show of our friends at “Remote Daily”, a format building a nice business community via daily Zoom calls. There he spoke about leadership in times of crisis. https://www.youtube.com/watch?v=QcO-HmOZpv4 
    • German online grocery store food.de sees the big impact of #COVID19 on its business. They signup increased 25fold https://buff.ly/2yDt8sg 

    Affiliated Links

    • Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d
    • Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye

    Ecosystem 

    • German Venture Capital Barometer sets a new record low due to #Coronavirus. All indicators in the red. The business climate index for the German VC scene is calculated by the German VC and PE association (BVKAP) and KfW, the government-backed development bank https://buff.ly/2TBBfg5 The quoted specialist finds it likely the VC investors will focus on their portfolio and not make significant new investments 
    • VCs in Germany only finance 8% of startups co-founded by women.  That is 17% of their investments https://buff.ly/2YA04MP 
    • Startups banking in Germany: According to a recent analysis, approx 5% of startups in Germany have a bank account with neobank Penta. The younger the startup, the more likely they are to bank with a challenger bank. The share of established players with newly founded startups is shrinking fast, especially the share of Deutsche Bank, Commerzbank is holding up well. From the established players the German thrift organizations (Sparkassen) are the leaders in startup banking, but they are 385 institutions. Also, the Volksbanken, cooperative banks, are doing pretty well. The Volksbanken and Sparkassen are usually the only banks of which you will find branches outside of larger cities.  
    • More than 50 companies now have permits to trade in medical cannabis in Germany. This crowding leads to a decline in revenues, from „six-digit a month“ to „five-digit a month“ https://buff.ly/3ecdB1V 
      • Related:
        • More cannabis news: Deutsche-Startups has a list of 13 startups, headquartered in Germany working in the market https://buff.ly/3fMwJoI they only forgot Frankfurt-based cansativa https://buff.ly/2VT3gQT, the startup was the reason for a partial lockdown of the city, as they started out because their super-secure warehouse gave a false alarm. 

    Hubs

    This time we have to show a bit more on the less known places, where still interesting startups exist. As you know we like to highlight that here. Note on this section: The order of the articles and hubs is in the order we found them – no other particular order. 

    #Frankfurt (Rhine-Main)

    • The app Aliah supports communications in the hospital and takes away some of the burdens of the medical personal https://buff.ly/2KCssG2 
    • There is a webinar for the STEP program of the German-American Chamber of Commerce in New York City, which enables German startups to make a first “step” to New York. It will take place on June 30th form 14 – 15 CET. You can register here and startups from Hessen can apply for 1.500 Euros funding https://buff.ly/2ADFBg7 
    • Aareal Bank, Wiesbaden-based bank specializes in property financing, wants to sell shares in their IT subsidiary after pressured by an investor https://buff.ly/3dXeJGi

    Also Rhine-Main Area: Mainz

    • There is still business going on during Corona. Mainz-based Mailtastic (a GDPR conform marketing platform) completes exit („seven digits“) to New York-based Cognism https://buff.ly/2X5DpWl 

    #Munich

    • Seven digit Venture Capital investment for Erium, which helps to minimize errors in #manufacturing processes – Munich Startup https://buff.ly/2W20o5r 
    • Wikimedia Germany starts an accelerator program called Unlock in #Munich. All startups working towards an „open knowledge society“ can apply https://buff.ly/2zQ2Cw8 

    #Hamburg

    • Hamburg-based YogaEasy is booming like Netflix – Hamburg Startups https://buff.ly/35vGNO1  
    • Hamburger Corona Soforthilfe (HCS) is seen as a great success. Of the program 25 mn € are earmarked for startups (HCS InnoStartup), which already approved 2.3 mn Euros  https://buff.ly/2Xe1079  

    #Hannover

    • There are still startups founded during corona. Deutsche-Startups highlights 7, including one from Hannover https://buff.ly/3c2ELHz

    #Göppingen (close to Stuttgart) 

    • Permira sells TeamViewer shares worth $1.1 billion – Reuters
      The PE investor bought the German startup outright and listed them later at the Frankfurt stock exchange. Now they sold approx 20% of their stake https://buff.ly/36dV5Dd 

    #Düsseldorf

    #Zürich

    #Potsdam

    • German startup Flightright (a startup getting buying passenger compensation claims) sues Lufthansa due to open refunds https://buff.ly/36e5YoP 

    #Nürnberg

     

    Companies 

    • EIT Digital Challenge is looking for fast-growing European ‚deep-tech‘ companies, handing out 350k in prizes https://buff.ly/2wJwAKR
    • N26, #Berlin-based #fintech unicorn
      – felt first impact (lower transactions) in march
      – in April they sent 150 employees in government-backed Kurzarbeit (10% of their global workforce)
      • now they raise 100 mn US$, with a „steady“ valuation of 3.5 bn US$.  https://buff.ly/3b9dEtm  
        The news comes from the Vienna / Austria-based blog DerBrutkasten.at, they are usually very good, since both remaining founders are natives of Vienna (Valentin Stalf and Maximilian Tayenthal)  and moved with N26 from there to Berlin. The blog further speculates that the increase of their Series D (now 570 mn US$) – 1 ½ years after their initial Series D round –  suggests a short term need for the money. 
    • One of the former founders of #Berlin-based #todolist darling Wunderlist announces a new productivity app called Superlist https://buff.ly/3c8mE31 
    • Soundcloud founders start with a new mobility startup https://buff.ly/2YnMfB1
    • Porsche Invests in Berlin-based Blockchain Startup to develop Platform for Vehicle Management https://buff.ly/2WglSvr 
    • Jumia (started by #Berlin-based Rocket Internet): The e-commerce start-up that fell from grace via BBC Africa
      A year after its much-heralded debut on the New York Stock Exchange, e-commerce start-up Jumia has shut down in three African states, struggled to turn a profit and got dumped by its original owners,  https://buff.ly/2VNqclA?utm_source=-custom-by-source-0-
    • #Berlin-based „B2B Food Group“ with brands like Caterwings, Lemoncat, Monbanquet, and OrderIn retreats from the German home market as a consequence of #Covid19, to focus on other markets https://buff.ly/3d4kVw4 

     

    Stay Ahead of the Curve