Investor Frank Thelen probably can’t be happy about his fund performance. Lisa Kempke for Business Insider / Collage: Dominik Schmitt
Im Video-Interview mit Business Insider Frank Thelen talks about his fund 10XDNA, which has been down 40% since the start. Thelen also discusses the ups and downs of his career, including financial setbacks in his twenties. The German entrepreneur and investor is known for his appearances on the TV show “The Lions’ Den”.
Frank Thelen, known as a German entrepreneur and investor, made a name for himself through his appearances on the TV show “The Lions’ Den”. In the Video-Interview mit Business Insider Thelen talks, among other things, about his fund 10XDNA, which is currently still falling short of expectations.
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This fund, designed with the aim of investing in disruptive technologies and achieving significant returns, has been down around 40 percent since launch. We asked him why he performed so poorly.
Thelen also talks about the ups and downs of his career, starting with the financial setbacks he experienced in his twenties. Thelen tells how he was broke at the time, owed a million DM and legal hurdles even prevented him from owning a cell phone.
In addition to these personal stories, Frank shares a memory from his childhood: a letter to his mother in which he manifested a life goal.