Bitcoin and the underlying blockchain technology are democratizing money. Are
Category: Essays
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cryptocurrencies a threat to the traditional banking system? -
Startup: A Definition
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4 min read
What exactly is a startup? What is the difference between a company and a startup? Is every newly founded company a startup? Recently I was surprised that every newly founded company was called a startup. I asked myself the question
(more…)of what exactly a startup is. For me, there was a contradiction between how I defined a startup and how some authors and journalists defined a startup. Is a freelancer with his own homepage really a startup? Is a company who wants to produce a few bottles of wine a startup? What follows is my own definition of a startup. I also collected the opinions of a few startup authorities. -
Refugee Entrepreneurs
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5 min read
Refugees are seeking asylum in Europe in large numbers. They are dividing societies and politicians are raging without any facts about possible solutions to solve this crisis. Populism arises in every corner of Europe. People are afraid of the disorganized arrival of millions of migrants and refugees. One thing for sure: Europe needs to enable the integration of accepted refugees by offering high-quality language courses, education, and job training. But what most politicians are overseeing are the possibilities and chances of entrepreneurship.
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Respect and Prosperity: Silicon Valley and Democracy
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6 min read
Entrepreneurs from the Silicon Valley are shaping our future. They are building bold new technologies. These technologies range from artificial intelligence, robotics, infinite computing, ubiquitous broadband networks, nano-materials, synthetic biology, to augmented- and virtual reality. These technologies will allow us to make more progress within the next 100 years than ever before in mankind.
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Strategy Formation as a Visionary Process
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10 min read
From a Joke in Silicon Valley to $25.5 Billion
“In order to carry a positive action we must develop here a positive vision.” Dalai Lama
Entrepreneurs from around the globe seem to base their strategies differently than most business books and business schools teach us. It seems that successful entrepreneurs craft their strategies based on their own mental thoughts, their own intuition, their judgment, wisdom
(more…), and experience rather than on strategy-formulation theories you can find in numerous business books. -
Grexit: The Stumbling European Dream
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7 min read
The Vigorous Euro
The last months were new to the European Union and the IMF. Elusive new: closed banks, capital controls, the first IMF default by a developed country, the deficit of a multi-billion-euro bailout, a referendum about creditors’ restructuring plan, discussions about a Grexit, and the penury of the Greek people.
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