AAA Firms – Page 1166

German seed fund gains corporate support

Corporate venturing has played a "very active" role in helping develop nascent German businesses seeded by the state’s early stage fund. Alexander von Frankenberg, managing director of High-Tech Gründerfonds, said companies had provided more than a fifth of the €250m in follow-on funding to the 205 companies it had seeded over the previous five year.… Continue reading German seed fund gains corporate support

Zennström reveals entrepreneurial challenges

Niklas Zennström, co-founder of internet phone company Skype, said there were plenty of revenue growth left in the business as he identified market timing as instrumental behind why only one of the three market changing businesses he has launched have had commercial success. At a keynote address at the European Private Equity and Venture Capital… Continue reading Zennström reveals entrepreneurial challenges