14. February 2017–
The Hamburg startup Protonet, which offered an affordable, secure server with cloud storage solutions for small companies, experienced a number of highs and lows before filing for bankruptcy in February 2017.
Protonet, which was founded by Ali Jelveh and Christopher Blum in 2008, set Germany’s record for crowdfunding: 3 million euros in 133 hours.
The bigger the hype, the harder the fall? Not according to Jelveh: “It is ok when something doesn’t work. It is ok to fail.”