In 1996, I started my first internet company in Berlin. In 1999, I founded Centralway and for 16 years its been nothing but the web. Some industries have now been partially transformed by the Internet into online industries: music, film, books, retail, classifieds, telecommunications, post,…
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The new report “Mobile Apps for Insurance 2012″ from the Swiss research agency myprivatebanking.com shows the app wave has reached the insurance industry, but notes the adoption of apps in this context is still in the early stages. Myprivatebanking.com reviewed over 100 apps by 30 leading…
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“We fund and build online ventures, and transform traditional companies into online companies.” Two weeks ago we decided on the new mission statement. Internally, we discussed and developed it intensively. It makes clear what we do. And what we want to do, we must also…
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To create and build your website or to program your online shop quickly is not how it’s being done anymore. Things have been changed for some time now. Websites are software. And software is developed by experts and specialists. Ebay is a website. It is…
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Mobile Banking in Germany is growing rapidly. According to the new Accenture Banking 20616 study, more than half of all bank transactions in Germany are done by a mobile gadget. Wolfgang Gaertner, CIO Deutsche Bank, says: “We have to go this direction, else we can’t…
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Every single step of our work processes at Centralway are in the cloud. In the last 18 months, we have transferred all work processes for each department to the cloud – for that, we use self-developed and third-party software. Each employee can work from anywhere…
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Bill Gates’s statement about the future of banks and their services is now almost two decades old. “Most banks use business and information systems that are dinosaurs. Like many companies, these banks risk eventual extinction if they do not keep pace with competitors who take…
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In 2012, on the course of Centralway’s journey towards becoming a venture builder, about 20 new employees were hired. This year the hiring spree continues and the bar has been raised. The motto is: Hire top talent. Do not settle for second best. Many companies…
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This was a rather challenging start of the year for German banks: On the same day the two biggest private banks, Commerzbank and the Hypovereinsbank, both announced massive job cuts. The key focus of those cost-cutting efforts were not only jobs in investment banking, but…
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Centralway has invested in over 200 companies since 1998. Even though we defined ourselves as a venture capitalist for over a decade, we always felt like entrepreneurs. We have started our careers as entrepreneurs and have earned the starting capital for Centralway by successfully building…
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