My trip to the Munich Network in March painted an interesting portrait of an innovative region.
As German industry has passed through the financial crisis comparatively unscathed, my March trip to the Munich Network’s corporate venturing conference shed light on how one of the most important industrial areas of the country is approaching investing in small companies. The Bavarian region is closely associated with the country’s famous Mittelstand.
Ahead of the conference, at an enjoyable supper sampling the region’s hearty food with Vodafone Ventures’ Wolfgang Schuster and corporate finance group Clean Capital’s Stephan Decher, Decher recounted the words of a Mittelstand business owner, who had just told him: “Laziness…
