This adapt­a­tion of Goethe´s famous quote “What you can do, or dream you can, begin it; bold­ness has genius, power, and magic in it” is

Because of their extre­mely deep and broad rea­ching appli­ca­ti­ons and impli­ca­ti­ons, two com­pa­nies stood out in our mind as cle­arly revo­lu­tio­nary and with rele­vance for

Ven­ture invest­ment in the start-up world is gene­rally rai­sed and deployed in order to “(blitz)scale the orga­niza­tion”, “capi­ta­lize on a mar­ket win­dow”, “acce­le­rate time to

This state­ment is not sug­gest­ing that in times of high Beta influence, foun­ders should stop focu­sing on their busi­nesses and become macro-ana­­lysts or day-tra­d­ers. However,

We at bm|t  have also joi­ned the ranks of many (if not all) VCs in com­mu­ni­ca­ting cle­arly about this chan­ged envi­ron­ment to our Inves­­tee-Par­t­­ners and

We believe that com­pel­ling invest­ments should be able to meet BOTH of the fol­lo­wing cri­te­ria: The invest­ment is fun­da­men­tally attrac­tive AND There is an evident

The estab­lish­ment of an opti­mal inves­tor mix is indeed a pro­cess rather than an achie­ved state and in many cases is never com­ple­ted, as the optimal

Most newly foun­ded com­pa­nies initi­ally want to go it alone and aim to blaze their own trail to ulti­mate suc­cess. Gene­rally, some­where along this adventurous

A her­cu­lean effort is requi­red for a young com­pany to break into an estab­lished mar­ket with a new product/service/solution or to estab­lish a new market

This mar­ket test­ing, as oppo­sed to mar­ket stu­dy­ing, is often cha­rac­te­ri­zed as a busi­ness ›test­ing its foot­print›. Typi­cal ques­ti­ons that need ans­wers in this footprint-testing

One sce­na­rio ari­sing from this innate dif­fe­rence that we peri­odi­cally encoun­ter in Ger­many, where smal­ler early-stage tickets for strong ideas are rea­dily available but larger

While this model, which is the focus of Reid Hoffmann´s excel­lent book Blitzsca­ling, can pro­duce excep­tio­nal win­ners, such as Ama­zon or Face­book, it can also

An exo­ge­nous shock, and Covid-19 cer­tainly is a large one, crea­tes a high degree of unfo­re­seen uncer­tainty for com­pa­nies and inves­tors alike. Invest­ments that are con­ti­nuously marked

THE 2010S DECADE bm|t and our Inves­­tee-Par­t­­ners, who are the true dri­vers of our suc­cess, pro­gres­sed signi­fi­cantly over the last ten years.  At the turn

Start­ups can have very dif­fe­rent goals and thought pro­ces­ses con­cer­ning pri­cing when initi­ally try­ing to get trac­tion in a mar­ket.  Some start­ups might be so

In cer­tain cir­cum­s­tances, expan­ding a busi­ness in the tra­di­tio­nal sense can actually limit value for a com­pany whose technology’s grea­test poten­tial is as an enabler. An