The founders of Milano Vice and Cocoli. Getty Images/Cocoli/Milano Vice
Startup success is often about these metrics: sales, company valuation, financing rounds, exits. But people are also an important factor in success. Anyone who has a certain startup spirit and is supported by the company will thrive in the environment – and perhaps found their own startup at some point.
Although many well-known founders in Germany got their start with corporations, there are more and more people who are starting their own company as former startup employees. The startups, many of whose employees become founders, are known as startup factories. And the venture fund Accel took a closer look at these start-up factories in Europe in collaboration with the data company Dealroom.
According to an evaluation by the two companies, Berlin is considered the third largest location for start-up factories in Europe. There are 27 of them in the German capital. Munich is the second German city to land in eighth place. Accel and Dealroom have counted six factories for founders in the Bavarian capital.
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