The deal fell through because the price was too high for him: Cornelius Boersch could have invested at a valuation of 8 million, but only wanted to get involved in five million, the investor says. At the time, the business angel’s negotiations were about the banking startup N26. Today’s value: $ 3.5 billion.
It’s one of the many missed opportunities, says Boersch. He has been investing in start-ups for 20 years, and according to his own statements, he has invested in more than 200 companies all over the world. The insurance start-ups Wefox and Simplesurance are part of his fintech portfolio. A few billion companies would have torn out its balance sheet.
In the FinanceFWD podcast, Boersch talks about …
… the high ratings of the start-ups
… the funding problem of German digital companies
… his fintech portfolio
… rapid growth in markets outside of Europe
… his investments in copycats
… networking in times of Corona
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