startup success in germany (icla conference @ tigges dus 20170922)
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VIDAR ANDERSEN • STARTUP FOUNDER • EDUCATOR • INNOVATION ADVISOR
FOUNDING PRINCIPAL +ANDERSEN & ASSOCIATES
WHY GER MA NY
STARTUP SUCCESS IN DE
28% OF EURO AREA ECONOMY
#1 economy
WORLD CLASSUNIVERSITIES
free education
STRONG INDUSTRY 33 GLOBAL F500
33F500
THE HEART OF EUROPE
BIOTECH & PHARMA CLUSTERS
ENERGY & ENVIRONMENT CLUSTERS
FINANCE CLUSTERS
MEDICINE& HEALTH CLUSTERS
TECHNOLOGY& INNOVATION CLUSTERS
TRANSPORT& LOGISTICS CLUSTERS
STARTUP CLUSTERS
#1
NUMBER 2 IN STARTUP DEALS
VC FINANCING ON THE RISE
MOST ACTIVE VC IN GERMANY
TIER ONE VC ALREADY INVEST HERE
NOTABLE ACQUISITIONS
Parstream → Cisco October 2015 Undisclosed
6Wunderkinder → Microsoft June 2015 €100 - 200 million
Quandoo → Recruit March 2015 €202.5 million
Fyber (SponsorPay) → RNTS October 2014 $150 million
TeamViewer → Permira May 2014 €830 million
Sociomantic → Dunnhumby April 2014 €150 million
Trivago → Expedia (only in part) December 2012 €477 million.
DailyDeal → Google September 2011 €82.8 million
Bigpoint → Summit Partners and TA Associates
April 2011
€272.6 million
brands4friends → eBay
December 2010
€150 million
NOTABLE IPO
Ferratum February 2015€110.8 million.
Rocket InternetOctober 2014€6.5 Billion ZalandoOctober 2014€5.3 billion
trivagoDecember 2016€4 Billion
WHY NRW?
THE SECRET SAUCE
DENSITY POTENTIAL CUSTOMERS
50M PEOPLE
DENSITY POTENTIAL PARTNERS
10 GLOBAL F500
COMPANY F500 CITY
Deutsche Telekom 89 Bonn
Deutsche Post DHL 98 Bonn
Lufthansa 248 Cologne
Bayer 187 Leverkusen
E.ON 16 DuesseldorfMetro 72 DuesseldorfFranz Haniel 272 Duisburg
RWE 124 Essen
ThyssenKrupp 122 Essen
Bertelsmann 492 Guetersloh
DENSITY POTENTIAL CUSTOMERS
747.000
SME
DENSITY POTENTIAL PARTNERS
#1 IN HIDDEN CHAMPS
STATE RANK AMOUNT
NRW 1 293
Baden Wutteberg 2 277
Bayern 3 211
Hessen 4 119
Rheinland Pfalz 5 59
TOTAL 1.147
REGULAR FLIGHTS
SILICON VALLEY
TEL AVIV
NRWCHINA
JPN
3:20h
3h
4:30h
4:20h
2h
1:50h
4h
FAST TRAINS
EMERGING VIABLE CLUSTER
MAJOR STARTUP HUB
#1
#2
LOCAL VC PRESENT HERE
&MORE
MAJOR VC ALREADY INVEST HERE
&MORE
CONNECTING SMB WITH STARTUPS
DIGITAL HUBS
OFFICE SPACE PLENTIFUL
LOW COST QUALITY OF LIFE
COMMUNITY VIBRANT & CONNECTED
&MUCH MORE
NOTABLE NRW EXITS
STARTUP ACQUISITIONS
DAILY ONLINE DEALS FOR CONSUMER GOODS
DAILYDEAL COLOGNE, NRW
FOUNDED 2009 - EXIT 2011 €83 MILLION
BIG DATA ANALYTICS ONLINE PLATFORM
PARSTREAM COLOGNE, NRW
FOUNDED 2011 - EXIT 2015 €XXX MILLION
ONLINE SHOPPING PORTAL
HITMEISTER COLOGNE, NRW
FOUNDED 2007 - EXIT 2016 €XXX MILLION
SECURE COMMUNICATIONS
SECUSMART DUSSELDORF, NRW
FOUNDED 2007 - EXIT 2014 €XXX MILLION
GOOGLE SEARCH FOR HOTEL DEALS
TRIVAGO DUSSELDORF, NRW
FOUNDED 2005 - PART-EXIT 2012 €477 MILLION
TRIVAGO DUSSELDORF, NRW
TAKEN PUBLIC DEC. 2016 $ +4 BILLION
IPO
GLOBAL CAMPUS DUSSELDORF 2018
WHO’S NEXT?
NRW CONTENDERS
SILICON VALLEY TECH MADE IN NRW
ARANGO DB COLOGNE, NRW
ArangoDB is a multi-model mostly-memory database with a flexible data model for documents and graphs. It is designed
as a “general purpose database”, offering all the features you typically need for modern web applications
NRW FINTECHFUNDED BY NYC VC
AUXMONEY DUSSELDORF, NRW
auxmoney is an online peer-to-peer loan marketplace,a “Lender’s Club” in Europe
FROM DUS TOSAN FRANCISCO
SHOP.CO DUSSELDORF, NRW
The Universal Online Shopping Cart
NRW HELPS SOFTWARE EAT WORLD
GIANT SWARM COLOGNE, NRW
Simple Microservice Infrastructure, built for developers
NRW STARTUP TAKES ON AWS
GRIDSCALE COLOGNE, NRW
Cloud Servers per Drag & Drop
CROWDFOX COLOGNE, NRW
Online members marketplacecheaper than Amazon
INTERNET OF THINGS (IOT) PLATFORM
CUMULOCITY DUSSELDORF, NRW
IoT Services for Consumer Products
SURPRISE!
CUMULOCITY DUSSELDORF, NRW
FOUNDED 2013 EXIT 27.03.2017 €XXX MILLION
WORLD FAMOUS &CONTROVERSIAL
EYEO COLOGNE, NRW
“Making the Internet better for everyone - Starting with bad ads”
FROM CGN TOSAN FRANCISCO TOO
QUINTLY COLOGNE, NRW
The professional social media benchmarking and analytics solution
WELCOME!
NRW A GREAT PLACE FOR
STARTUPS
+ANDERSEN & ASSOCIATESINNOVATION & GROWTH THROUGH SCIENCE + ENTREPRENEURSHIP
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PRE-ACCELERATION ACCELERATIONGENERATION EDUCATION SELECTION FINAL DECISION SCALING UP
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KILL YOUR COMPANY
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AT ALL STAGES
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