Archive | February, 2012

Delivery Hero buys Lieferheld!

29 Feb

  Consolidation in German delivery market Delivery Hero, a German food and take away delivery company, just announced that it bought Lieferhelden, a German competitor. The aquisition only makes sense: Delivery Hero can now fully focus on their international expansion (currently they are active in Germany, Australia, Mexico, Russia and Switzerland) whilst Lieferheld will concentrate [...]

more bad news (coverage) for Samwers

20 Feb

  “no fun” to work at Groupon After recent reports of the harsh management style of the Samwer brothers there is more bad news: Employees from Groupon Germany leaked emails in which they were threatened to be “stripped” of their director titles if they didn’t deliver on their tasks. Other employees report on a “no [...]

Y Combinator backs German startup Popset

17 Feb

  Pop goes Y Popset (formerly called Eeve), a picture sharing app where you can generate group picture folders on the fly, was just accepted at Y-Combinator. Along with invaluable input they also received 20.000 $ and a further 150.000 $ after successful completion of the Y-Programm – and they will be able to present [...]

Orderbird win “enable2start” competition

8 Feb

  50.000 EUR for startup Orderbird Each year the Financial Times Germany (FTD) brings together a jury of business VIPs (this year among them Lars Hinrichs, founder of Xing and head of the incubator hackFwd) to cast their vote on several young and promising companies (not all of them internet based business models, actually most [...]

Samwers and the billion Dollar questions

6 Feb

  How to raise 1 billion dollars As the German Magazine “Focus” reported today, the Samwer brothers are still trying to raise 1 billion USD in order to “keep up” with the US development of Internet based business models. However, after a flood of press coverage concerning the management style as well as a publicly [...]