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German Startups Group
German Startups Group VC GmbH is a venture capital provider that supports the set-up, development, funding, and – at the appropriate time – exit of young growth companies by providing them with business expertise and venture capital to create shareholder value. Since the second half of 2013, German Startups Group also engages in acquiring secondary shares from founders and business angels. German Startups Group was founded by Christoph Gerlinger in May 2012. The operating business was launched in June 2012, and the public release was on 27 July 2012. German Startups Group went public on 11 November 2015 and became listed on the Frankfurt Stock Exchange. Holdings As of 10 May 2018, German Startups Group considers 20 of their 37 minority stakeholdings in operationally active companies to be of particular significance to the group. Together they comprise 89% of all 37 active minority stakeholdings. The portfolio consists of (amongst others): *Amorelie ( Exit) * Armedangels *ay ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customer Alliance
Customer Alliance is a software-as-a-service company headquartered in Berlin, Germany. The company focuses on customer experience management and online reputation management. The platform collects voice of the customer feedback across online review portals, analyses this feedback, and provides measurement and target-setting in the areas of Net Promoter Scores (NPS), customer satisfaction, quantitative, semantic and trend analysis. The company has employees of 18 different nationalities and provides services in 35 countries over Europe and North America. History Torsten Sabel and Moritz Klussmann co-founded Customer Alliance in 2009, starting with the German hotel market. Since then, the company has expanded internationally and operates in the automotive and ecommerce industries as well. In 2010, Customer Alliance won second place in the "Sprungbrett" competition in the category "Best Startup". The competition was part of "Online Innovation Days" of the Verband Internet Rei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tictail
Tictail was a social shopping website for shoppers to discover emerging designers around the world. For brands, the platform was a DIY e-commerce tool focused on strong community integration, simplicity of use, and attractive, customizable design. With no need for coding or web-design experience, small business owners were given the tools to build global brands. For shoppers, Tictail was a destination to discover and shop home decor and fashion finds from a global community of emerging designers. Founded in Stockholm, Tictail currently has offices in both Sweden and New York where it opened its first brick-and-mortar store in January 2016. In November of 2018, Tictail was sold to Shopify. The acquisition by Shopify also resulted in Tictail’s brick-and-mortar store in New York City closing. History Founded in 2011 in Stockholm by Carl W Rivera, Kaj Drobin, Siavash Ghorbani and Birk Nilsson, Tictail was dubbed ‘the Tumblr of e-commerce’ by Wired Magazine in 2012 when the c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SoundCloud
SoundCloud is an online audio distribution platform and music sharing website that enables its users to upload, promote, and share audio. Founded in 2007 by Alexander Ljung and Eric Wahlforss, SoundCloud is one of the largest music streaming services in the world and is available in 190 countries and territories. The service has more than 76 million active monthly users as of November 2021. SoundCloud offers both free and paid memberships on the platform, available for mobile, desktop and Xbox devices. SoundCloud has evolved from a traditional online streaming platform to an entertainment company. History SoundCloud was established in Berlin on August 27, 2007, by Swedish sound designer Alexander Ljung and Swedish electronic musician Eric Wahlforss, and the website was launched on October 17, 2008. It was originally intended to allow musicians to collaborate by facilitating the sharing and discussion of recordings, but later transformed into a publishing tool for music distrib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Onefootball
OneFootball is a platform-based football media company. The OneFootball app features live-scores, statistics and news from 200 leagues in 12 different languages covered by a newsroom located in Berlin. In 2019, OneFootball partnered up with Eleven Sports to have the rights to stream directly on the app La Liga in UK and with Sky to transmit 2. Bundesliga and DFB-Pokal matches in Germany. In 2020, OneFootball bought club-founded video forum Dugout. Speaking of the deal to Bloomberg, OneFootball CEO Lucas von Cranach said that the move will "benefit the whole football ecosystem with clubs, federations and leagues able to increase audience reach and harness our powerful data insights to gain a deeper understanding of their fans' engagement". History The company was founded under the name Motain by Lucas Von Cranach in 2013. In 2009 Von Cranach launched iLiga (THE football app abroad). Following a move to the new HQ in Berlin, Motain and its products (iLiga and THE football app) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peer-to-peer Insurance
Peer-to-peer insurance is a reciprocity insurance contract through the Collaborative consumption concept. General The aims of peer-to-peer insurance are to save money through reduced overhead costs, increase transparency, reduce inefficiencies, and especially to reduce the inherent conflict between insurance carriers and their policyholders at the time of a claim. There are many types of peer-to-peer insurance. The first type was created by an Insurance broker (as opposed to insurance companies). In this broker model, insurance policyholders will form small groups online. A part of the insurance premiums paid flow into a group fund, the other part to a third party insurance company. Minor damages to the insured policyholder are firstly paid out of this group fund. For claims above the deductible limit the regular insurer is called upon. When there is no insurance claim, the policyholder gets his/her share refunded from the group pool or credited towards the next policy year. If ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delivery Hero
Delivery Hero is a German multinational online food-delivery service based in Berlin, Germany. The company operates in 50+ countries internationally in Europe, Asia, Latin America and the Middle East and partners with 500,000+ restaurants. Delivery Hero has increasingly branched out beyond food delivery, and is a leading player in the emerging category of quick commerce, which delivers small batch orders in under an hour. In the third quarter of 2021, Delivery Hero processed 791 million orders - that equals a year-on-year growth of 52%. While Delivery Hero is headquartered in Germany with offices worldwide, as a " gig economy company" (akin to Meituan, Uber or Airbnb) nearly all of the company's deliveries are carried out by workers using motorcycles, bicycles and cars, dispatched via the company's smartphone apps. In general, and in contrast to recent legal precedents in Canada and Australia, Delivery Hero does not classify these couriers as employees. This policy has led to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Armedangels
ARMEDANGELS is a fashion label located in Cologne, Germany which was founded in the year 2007. The company designs a variety of apparel products made from textiles such as organic cotton and sells them via their online shop as well as in boutiques and major retail stores across six countries. The label creates and produces sustainable fashion that aims to be both ethical and fashionable, while attempting to appeal to the LOHAS demographic. According to the company, they are attempting to change the perception of eco-friendly clothing from being "hippy like" and not fashionable to it being perceived as 'hip', 'chic' streetwear. Furthermore, ARMEDANGELS aims to make a social statement about fashion and works exclusively with socially responsible companies that are certified as being fair trade. The main goal of their community is to raise awareness about the fashion industry and what they perceive injustices that arises as a result. The German press has referred to ARMEDANGELS as bei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth (in terms of number of employees, annual revenue, scale of operations, etc). Venture capital firms or funds invest in these early-stage companies in exchange for Equity (finance), equity, or an ownership stake. Venture capitalists take on the risk of financing risky Startup company, start-ups in the hopes that some of the firms they support will become successful. Because Startup company, startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovation, innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology. The typical venture c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Exit Strategy
An exit strategy is a means of leaving one's current situation, either after a predetermined objective has been achieved, or as a strategy to mitigate failure. An organisation or individual without an exit strategy may be in a quagmire. At worst, an exit strategy will save face; at best, an exit strategy will deliver an objective worth more than the cost of continuing the execution of a previous plan considered "deemed to fail" by weight of the present situation. In warfare In military strategy, an exit strategy is understood to minimise losses of what military jargon called "blood and treasure" (lives and material). The term was used technically in internal Pentagon critiques of the Vietnam War (cf. President Richard Nixon's promise of Peace With Honor), but remained obscure to the general public until the Battle of Mogadishu, Somalia when the U.S. military involvement in that U.N. peacekeeping operation cost the lives of U.S. troops without a clear objective. Republican crit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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