If Howard Schultz had given up after having been turned down more than two hundred times by banks, there would be no Starbucks today. If J.K. Rowling had given up her writing ambitions after several publishers told her they did not like her ideas for a fantasy novel, we would never have heard about Harry Potter. If the young Thomas Alva Edison … Read more
The digital era has already managed to sweep away some of the long-established market players, giving birth to new powerful and global acting ventures: From Uber to Tesla via Airbnb – the digital age distinguishes itself by it’s unique potential for scalability. A lesson the media industry learned the hard way. To quote one example: While the over 160 years old newspaper New York Times has a … Read more
Great news for Updatemi! The media startup gets 500,000 euros in a seed round. Updatemi filters and summarizes relevant news and information into updates consisting of six bullet points. The transaction was structured and executed by Venionaire Capital.
Managing to close half a million euro in funding is a great step foreword for Updatemi. As a result, several media outlets reported on the deal (in German): Futurezone mentioned that Updatemi wants … Read more