Today in Germany: Zalando, Iversity


Zalando’s second-quarters earnings beat estimates

Berlin-based online shop Zalando announced its earnings for this year’s second quarter. The news affected the shares and led to the share’s highest raise ever on Frankfurt’s stock exchange. “This is particularly good news as Zalando’s margin has been declining in the last four quarters,” said Joerg Philipp Frey, an analyst at Warburg Research to Bloomberg Tech. “This positive surprise should boost the credibility of its long-term margin target.”

Iversity files for bankruptcy

Online courses platform Iversity files for bankruptcy. The Bernau (close by Berlin)-based startup says an investment round suddenly did not take place. However, CEO Hannes Klöpper states that is not the end. The plan to work with a way smaller team.
[Gründerszene] (German)

Coming up

21 July


Place: Birgit&Bier, Schleusenufer 3, 10997 Berlin
Costs: €25 / via application

Small talk, big business – that’s the idea of the successful networking event series Spätschicht, that is hosted by Gründerszene. Spätschicht allows guests to meet and mingle exclusively in a relaxed, low key, summer-themed location. Forget your regular event schedule and enjoy a chilled summer evening to feed the networking world with new ideas. Join in with founders, investors and digital experts to exchange ideas about the hottest trends in 2016, make meaningful connections and share your passion for the digital scene.

POST /bank/meetup/hamburg

Place: KAI 10, Hamburg
Costs: free

What will the digital future of banking look like? And how do topics like retail and smart data play into it? These questions and many more will be addressed as part of our Post/ bank hackathon series. We are looking for developers, designers, start-ups, students and everyone who’s interested to join us for the meetup in Hamburg.

Masterminds – Your Own Founder “Mafia”

Place: WeWork
Costs: €7

Imagine having the ANSWER or CONNECTION for any business problem, just one phone-call away. Specifically, imagine being part of a group of six entrepreneurs, each with a specialized skill set, who meet regularly to share experience-based advice, share network resources, and help solve each others’ business problems. From famous industrialists like Henry Ford & Andrew Carnegie, to “lending-circles” in Microfinance, to the notorious “Paypal Mafia” (pictured above) – the peer-mentoring format known as a “Mastermind” has helped hundreds of entrepreneurs grow faster and better.


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Image: Zalando