4. June 2013–
It’s been a whirlwind of a year for former Delivery Hero co-CEO Fabian Siegel. In January, he announced he would leave the food delivery platform, despite its status as a rising success story from the stable of Berlin company builder Team Europe (also an investor in VentureVillage’s parent company).
While the company also faced its fair share of controversy – the German branch Lieferheld faced charges for taking material from competitor Pizza.de’s database without permission – at the time of his departure, Siegel said his career move had nothing to do with the feud, though he wouldn’t name where he was headed next.
New beginnings – and a new relationship with the Samwers
In March, it came out: he’d made a career pivot to become a partner at the Samwer brothers’ new investment arm – Global Founders Capital – alongside Marc and Oliver Samwer (the founders and driving force behind Rocket Internet). The fund has already announced its first investment; it contributed to a seven-digit euro funding round for credit scoring company Kreditech and will be releasing more news in coming weeks.
We caught up with Siegel at the Heureka Conference to talk investing in companies versus running them, how involved the Samwers really are in the fund and his pick of the Berlin startup crop.
Video produced and shot by Patrick Steller
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Delivery Hero co-CEO Fabian Siegel steps down, says Pizza.de ruling “unfortunate coincidence”