We’re currently hearing a lot about how generative AI, particularly large language models like ChatGPT, could replace white-collar knowledge workers. And venture capitalists are, at least in a large part of their job, knowledge workers. So which parts of a VC’s job could AI take over? To start with the…

Entrepreneurship is the most important driver of our economy. People who dare to leave the security of a salaried job and start their own company are probably the greatest source of innovation, growth and creativity. In addition to ideas, market knowledge and leadership skills, founders need two things above all…

Good product management is one of the most underappreciated parts of scaling a business. That may sound counterintuitive at first — shouldn’t the product be absolutely fundamental to any startup’s mission? Yes, of course! But building a MVP that appeals to early customers is not the same as ensuring a…

By now we probably all understand that the current market situation in the tech industry is not just a blip, but likely a serious downturn that could last many months or even years. …

The European tech ecosystem is maturing at a breathtaking pace, with total capital investments eclipsing $100 billion and 98 new unicorns in 2021 according to the recent State of European Tech report. …

Why we invested in Kubermatic The shift to the cloud has dominated enterprise IT for well over a decade now. Startups, established companies, and government agencies alike have discovered how much flexibility and efficiency can be gained from renting instead of owning your IT infrastructure. The growing need for flexibility and speed in the cloud…

Here’s why I’m skeptical about NFTs (non-fungible tokens) and don’t believe they will be relevant in the long run — at least not in today’s form: They are a pure form of artificial scarcity. The only purpose of artificial scarcity is to be a form of psychological manipulation to transfer…

When I was a kid, maybe 9 or 10 years old, I was fascinated by media. I decided to try my hand at it and started producing a family newspaper — with investigative reporting on what the house cats were up to and similar important topics. It was neatly typed…

Humans are a tribal species. We evolved in small bands of hunters and gatherers. Close collaboration within your group and scepticism towards any outsiders was a precondition for survival. Later, humans organized in larger groups called tribes, which had more complex social structures. This was the dominant organizational pattern for…