- Intel purchase Mobileye for US$15.3 Billion.
- Bitcoin Plummets 18% as SEC Rejects Winklevoss' ETF Proposal - guest Tim Lea - author of Down The Rabbit Hole - Blockchain specialist.
We also interview Petra Zlatevska, Berlin-based Lecturer, Writer & Speaker. We discuss:
- How Berlin is different to the rest of Germany.
- The appeal of Berlin for tech start-ups.
- The importance of German language skills when doing business in Berlin.
- The development of "crowdvesting" in Germany.
- The German company "Rocket Internet".
- Uniqueness of German company culture and legal structures.
- Common industry verticals of the start-ups in Berlin.
This weeks Startup Minute: Mantry - The Modern Man's Pantry.
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We’re talking purely about professional migrants who have come out in the last 5-10 years, I think a good 100-150 thousand are coming into the city. The current population of Berlin is just on 4 million. It’s not huge, but the talent pool is there.
These are people coming from Silicon Valley, they’re coming from New York, also from around London in the wake of Brexit, Scandinavia, and actually the biggest influx of professional people from the start up and digital communities are coming from Tel Aviv.
Because you have these old family-run businesses - Faber Castell, they’re not stock listed so a lot of the board members or even the Porsche family who bought out Volkswagon. That family is also reclusive so essentially they’ve brought in some experts onto this board but they for themselves are still running the company their grandfathers set up some 200 years ago so it’s quite unique to Germany.
Then you’ve maybe got start-ups, smaller businesses, mums and dad type businesses and they run on some kind of pty. They’re sort of the 3 structures you would see depending on the nature of the business.