What Is This About? Filip Dames is the founding partner of Cherry Ventures (cherry.vc), one of Germany's most important early-stage seed investors. Cherry Ventures invests almost exclusively in Europe with a "founders first, investors second" philosophy. They started with their own money and close friends' capital, and their portfolio includes notable names like Qualifyze, Sanity Group, and Rows. Executive Summary In this #GSA22 interview, Filip Dames — founding partner of Ch

This story was migrated from our old blog, originally published on March 8th, 2022. What Is This About? Driverama is a data-driven e-commerce platform aiming to build a pan-European used car marketplace. Backed by significant venture capital, the startup just entered the German market — Europe's largest used car market — challenging incumbents with a fully digital buying and selling experience. This article is part of our coverage of Market Movements and Signals in the Startu

This blog post first appeared first on old medium publication (https://medium.com/startuprad-io), and was moved to this blog with the relaunch of our website in summer 2024. What Is This About? Auto1 Group's IPO on the Frankfurt Stock Exchange soared 45% on its first day of trading, creating Germany's newest tech billionaires. The online used car platform's public debut marked one of the largest European tech IPOs and validated the digital transformation of automotive retail.

This blog post first appeared first on old medium publication (https://medium.com/startuprad-io), and was moved to this blog with the relaunch of our website in summer 2024. What Is This About? Driverama is building a pan-European used car marketplace powered by data and technology. Having just entered Germany — Europe's largest used car market — the startup offers a fully digital buying and selling experience that challenges traditional dealership models. This article is par

Exits — whether through trade sales, IPOs, or secondary transactions — are the mechanism by which startup ecosystems generate returns and recycle capital. The exit landscape across Germany, Austria, and Switzerland differs from the United States in timing, mechanisms, and typical multiples. Trade sales dominate, with IPO activity limited to landmark cases like AUTO1 (EUR 1.8B, 2021) and On Running (CHF 6.5B, NYSE 2021). This page covers stock exchanges, trade sale dynamics, s

Auto1 IPO surges 45%, creating Germany's newest tech billionaires, raising €1.8 bn at a €12 bn valuation.