Some interesting news and articles again this last couple days:
- Peter Thiel changes course with funding of two Berlin start-ups*, in the Financial Times, by Jeevan Vasagar and Murad Ahmed: After two investments in London, Deepmind and Transferwise, and one investment in Berlin in 2012 (Research Gate, via Founders Fund), Peter Thiel invested again in Berlin – twice, in Number26 (€10 Mio) and EyeEm (€18 Mio). FT more accurately describes Number26 as a “mobile banking app”, whereas some other outlets like to call them a “Fintech startup”, for some reason. In any case, 10 Million is quite a bit of money, for a B2C startup that itself just claims 8.500 current active users!
Just the good stuff.
- I see, therefore EyeEm. Entering a new chapter!, by Flo Meissner, CEO of EyeEm: In direct comparison, 18 Million Euro for a photo startup that has a number of users in the low millions and a very interesting partnership with Getty Images in place seems… still like an impressive amount, but much more “fitting”. In any case, Flo as the CEO of EyeEm is obviously excited about their round and writes about it here.
- Rocket Internet takes over Munich Delivery Logistics startup Volo (in German), by Alex Hoffmann on Gründerszene: An early stage bike delivery startup is bought up by Rocket and the team is moved from Munich to Berlin. They will also get a new name and probably will be called “Volocity” instaed of “Volo” in the future (if I can believe that one comment, below the post). In itself, this is not all that exciting, yet I think it’s interesting that this is another recent example of Rocket “buying” instead of “making”. Just two, three years ago, this seemed to be not among the options that Rocket would consider.
- Congress cannot be taken seriously on cybersecurity, by Trevor Timm in the Guardian: To finish this edition, one quite different issue. A good reminder for people who think politics relating to IT are only particularily bad in their country that this is actually also a real problem in the US.
If you think these links were great, or useless crap, or you want to point me to some good articles for future editions of “Recommended Reading”, let me know on Twitter!
* To read this (or any other) article without subscribing to FT or logging in there, just Google the title of the article. 😉