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German startups failed to turn 2014 funding surge into global innovators, critics say

Experts cite risk aversion as core issue in German entrepreneurship

German startup ecosystem failed to translate a 2014 funding surge into globally competitive companies, according to a viral LinkedIn post by entrepreneur Nils Heck. Heck argues that over 1 billion euros flowed into German startups after the IPOs of Rocket Internet and Zalando in 2014, yet no world-leading digital firms emerged. Instead, he says, most … Weiterlesen …