Who this is
Florian Gschwandtner grew up on a farm, is based in Linz and co-founded Runtastic. The fitness app was sold in 2015 for 220 million, even though, as he puts it, the team was bootstrapped; together with his co-founders he has since reinvested around 30 million into startups in Austria and Germany. In 2012 he also co-founded Tractive, GPS tracking for dogs and cats, based in Linz. Martin Kaswurm is from Salzburg, trained as a civil engineer and founded the live marketing agency CHAKA2 in 2010. He holds a degree from Harvard Business School, is studying with FIFA on the side and has 20 investments. Together they host the BTM Podcast, a weekly roundup of business, tech and marketing news.
Episodes
Numbers from the episode
220 Mio.
Runtastic's sale price in 2015, built bootstrapped
ca. 30 Mio.
reinvested into startups by Florian and his co-founders
600 Mio. € / 12 Mrd.
Helsing's funding round and valuation
ca. 10 %
share of Helsing and Proxima Fusion (700 million combined) in a German VC market of about 7 billion
49 %
stake in Scale AI that Meta buys for 14 to 15 billion
30 $ → über 140 $
Circle's IPO price and share price after the listing