Markus Goebel has again summarized for Techcrunch Europe how the Samwers are strategically building a pan-European investor network for their European Founders Fund. Participating at the moment are investors from Germany (United Internet), France (Crédit Agricole Private Equity) and Scandinavia (Investment AB Kinnevik).
It is interesting to see in this context how enduring the Samwer’s sometimes controversial past still sticks, especially in light of the several widely praised and well respected American investors and entrepreneurs (MySpace, Zappos, etc.) who also made their first big breaks with business models with hints of dubiousness. A good source for following the American pioneer’s sins of youth is ‘Viral Loop’ from Adam L. Penenberg.
Originally posted in German by Jochen Krisch, adapted for excitingcommerce.com by Jason Soo.
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