Klaus Hommels started off by talking about Lakestar and the investments he made in the past.
He then quickly switched to explaining the current state of the venture capital ecosystem by pointing out the fast growth and increasing funding volumes of the leading tech companies.
“To solve a problem with technology, thats what it’s all about”
His statement on how to be a successful investor was clear. “Be an entrepreneur first, I had luck”
“The network between young entrepreneurs and experienced programers in Europe needs to be strengthened.”
This will be the key for Europe to compete with the leading internet companies.
His secret tip: “Check out Amazon Echo” - Tell your bot Alexa what you need and it will be delivered to your doorstep.
#idealab16
