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How the Berlin startup scene is wasting its potential
TheLocal.de ^ | 29 Jul 2016 14:16 GMT+02:00 | Shaun Kemp

Posted on 07/30/2016 10:27:10 AM PDT by Olog-hai

After 15-plus years in business, predominantly with industry leaders in the UK and Sweden, I recently ventured into the world of Berlin startups — the land of flat hierarchies, table football, internships and copycat business models.

I expected a vibrant, exciting startup scene that mirrored the incredible city I chose to move to from Stockholm. Were the rumors true? Is Berlin Europe’s startup capital?

A veteran German businessman told me in my first week that “some companies here aren’t even real companies” — I wasn’t even sure what that meant!

But I quickly learned that the thriving “Silicon Allee” scene was a bit of a myth — with many start-ups eyeing a quick profitable exit and not looking to conquer the online world at all. …

(Excerpt) Read more at thelocal.de ...


TOPICS: Business/Economy; Editorial; Germany
KEYWORDS: berlin; eussr; siliconallee; socialmarketeconomy; startups

1 posted on 07/30/2016 10:27:11 AM PDT by Olog-hai
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To: Olog-hai

Welcome to America, Circa 1997.


2 posted on 07/30/2016 10:32:11 AM PDT by Celerity
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To: Olog-hai

What the article doesn’t mention is entrepreneurship as a culture is virtually dead in Germany. So many of the start-ups aren’t even run by germans. Germans just want a nice job with benefits and a pension... risk is anathema to them.


3 posted on 07/30/2016 12:43:06 PM PDT by Katya
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