Over the years, some startups really came to the pot of gold at the end of the rainbow. Accel Partners invested $ 14.8 million in a website called “thefacebook.com” in 2005, and received a return of $ 5.6 billion, 378 times its original disbursement. Most of the time, however, new…
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ETFs are securities that track a basket of assets that are proportionately included in the fund’s units. They are considered by some to be a potential Holy Grail in terms of mass introduction of cryptocurrencies as a regulated and passive investment vehicle. New ETF proposal The proposed fund, which is…
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Nogis produces televisions that are considered as monitors due to the lack of broadcast technology and thus are GIS free. Now the company announces the takeover of its previous logistics partner Lalotra. Der Brutkasten spoke to the founders, Thomas Höffinger and Andreas Hackl about the second phase and to what…
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Matt Hougan, global research director of Bitwise Asset Management and president of ETF.com, said most cryptocurrencies would die. During an interview, Hougan said he believes that out of 2000 cryptocurrencies 95 percent of them are unprofitable and will suffer a painful death. And concluded that,”The sooner it happens, the better.”…
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Oliver Holle, CEO of the Vienna VC Speedinvest, announces at a press conference on the upcoming fund Speedinvest that there will be fund raising for startups. Which will be the largest seed fund in Europe, if they manage to raise that. With a target size of 175 million euros, the venture…
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With the Vienna Insurance Group (VIG), Uniqa is the next big insurer in Austria to get in touch with the startup world. For this purpose, VIG has founded its own subsidiary, The Viesure Innovation Center, which moves into the new Co-working Space Talent Garden in Vienna. “Over the next three…
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How often do you have dairy products a week, how often does the user eat fish, how often does he eat meat? In four minutes, the freshly launched Nucaria wants to find out more from the user in an online questionnaire. A personalized mix of nutritional supplements, which is then…
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More and more startups are trying to digitize the world of banks and the world of money flows. And more and more of these young fintech companies have a lot of money on the high ridge. Among them only most important ones will take place in the vast market of…
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As e-commerce transactions grow, cyber attacks may be more relevant, said Jorge Arbesu, Vice President of Product in the Cyber and Intelligence area of MasterCard. In a meeting with media, he stressed that the biggest vulnerability point for cyber attacks is the lack of financial education of users, as criminals…
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The Representative of the Inter-American Development Bank (IDB) in Honduras, Eduardo Marques Almeida, yesterday presented the “Congress of Technological Innovation for Financial Services (Fintech)”, which will be held in Tegucigalpa on the 21st and 22nd of this month. The membership, organized by the IDB, is sponsored by the Central Bank…
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