Podcast #185: Rocket Internet’s retreat, France earmarks money for startups, Germany đź’– Elon, and we talk to Laura González-EstĂ©fani of TheVentureCity

This week, we talk about some of the biggest stories in European tech from the past week, including Rocket Internet’s retreat from the public markets, the prospects of Tesla in Germany, France helping out its tech startups, and more. Also check out an interview with Laura González-EstĂ©fani, founder and CEO of TheVentureCity fund.

Rocket Internet

Rocket Internet to delist from stock market and focus on long-term strategy

Rocket Internet, the Berlin-based startup factory that held an IPO back in 2014, is delisting its shares from the Frankfurt and Luxembourg Stock Exchanges. As rationale for the delisting, a press release says private capital, specifically growth capital, is much more available these days — and “could not have been anticipated at the time of […]

Rocket Internet reports H1’2018 results, plans to buy back €150 million worth of shares

German venture builder Rocket Internet has announced its financial results for the first half of 2018, showing a consolidated profit of €297 million across its properties. The company reported to have accumulated €2.1 billion in the bank as of August 31, 2018. According to Rocket Internet’s report, most of its companies—HelloFresh, Global Fashion Group, Jumia, […]

Rocket Internet CFO resigns after four years; Oliver Samwer to take over his duties

Startup builder/investment firm Rocket Internet will have one of its co-founders assume the responsibilities of chief financial officer as its current executive will soon be leaving the role and the company to pursue “a new management challenge”. Having joined Rocket in 2014 from Goldman Sachs, Peter Kimpel (pictured above) will depart the company in the […]