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German „VC“ funds like: „Has this concept ever been implemented? Yes? Was it successful? Yes? Then let’s talk. Leading to endless clones/copycats, only few orig
by submeta 1y ago
German „VC“ funds like: „Has this concept ever been implemented? Yes? Was it successful? Yes? Then let’s talk. Leading to endless clones/copycats, only few original ideas.
studiVZ was a clone of Facebook. Zalando a clone of Amazon. The Samwer brothers were very successful with this strategy. And there is an endless list of clones.
There was an attempt at recreating YC in Germany, failed miserably.
You don’t have the hacker mindset in Germany. Neither do you have many investors taking very high risks and bets.
Btw: You should avoid getting financed by IBB. They will demand shitloads of paperwork from you for small amounts of investments
- constantcrying 1y ago>You don’t have the hacker mindset in Germany. Wrong. Look at things like the CCC, there is a lot of hacker culture in Germany, just the hackers are the exact opposite of entrepreneurs.
- submeta 1y agoHacker in the sense of „I am not an engineer, but I love hacking around and creating stuff“, in that sense.
- constantcrying 1y agoYes. That is what I meant.
- piltdownman 1y agoThey had a lot of anarchy and counter culture, particularly amongst East German Engineers, simply as part of the social fabric and societal makeup of East/West Germany pre-Unification. Unfortunately the basis of 'startup culture' in 21st Century America is 'move fast, break things' and 'scale first, apologise later' which is anathema in a highly regulated and bureaucratic culture like present day Germanys'. Give that their post-WW2 success came from regulated financial services provisioning, and high-precision machining and engineering products shipped out of the Rhine river basin, it's not hard to understand why Berlin's mindset is distinctively not that of the American Pioneer in the West.
- doener 1y ago>Zalando a clone of Amazon. Zalando was actually a clone of Zappos. In this case the clone was more successful than the original.