Germany Sets New Six-Month Startup Record

(gtai.de)

37 points | by eigenspace 22 hours ago

5 comments

  • nottorp 1 hour ago
    Being Germany, that means it only takes six months to properly register a startup? :)
    • CodesInChaos 12 minutes ago
      I really hope "EU Inc." will reduce the pain in that area.
      • egorfine 2 minutes ago
        It may, but only for the incorporation step. All other pain points in Germany are yours to enjoy.
  • jasonvorhe 12 hours ago
    That's not even 1,5% of all companies founded annually.
  • ant6n 12 hours ago
    Maybe more related to the possibility of boot strapping with random AI startups. German investors are pretty conservative.
    • Beijinger 9 hours ago
      No shit man. Their government high tech (!) VC fund rejected a high tech proposal from me (Medical devices), instead financed things like: https://www.mymuesli.com/
      • ant6n 8 hours ago
        Pretty much.

        In Germany, innovation is defined and funded by grant agencies. The only projects that are deemed innovative are those that look like existing projects that are known to be innovative.

      • throw1234567891 8 hours ago
        HTGF?
        • Beijinger 4 hours ago
          Yes. I actually also interviewed once for a job there.

          Not the sharpest minds. More bureaucratic than entrepreneurial. At the time, none of the C-suite had ever run their own company. Zero international experience. Complete mediocrity.

          • CodesInChaos 29 minutes ago
            They can't be as bad as KfW, right?
  • kbelder 13 hours ago
    They had one?
  • alexbelyanin 3 hours ago
    [flagged]