René Seifert - Entrepreneur & Global Citizen

Entrepreneur, Global Citizen, Flat World, Internet, Web 2.0, Innovation, Start-Up

I invested in Cosmotourist

Happy to announce my latest investment into a great company: Cosmotourist, with its English and German sites respectively. Especially as I am in a bunch of the finest folks of the German internet-industry who all co-invested, as this or that blogs are already writing about. 

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Undoubtedly my own affinity for travel has been a great reason to invest, especially as I know how valuable up-to-date information from other travelers is who are sharing their own personal experience. And that's pretty much what Cosmotourist is about. A community of like-minded people interested in sharing advise on travel and leisure time anywhere in the world through a trusted network. Would be great if you joined the platform, too, and add me to your Cosmoutourist-network here.

A bit from the technical perspective, this site offers one of the cleanest and well thought architectures which I have seen for a long time, once you get in the intricacies "under the hood" which make it fast, performant and well scalable. From the business standpoint, I do believe that particularly in Germany there is still a huge untapped market which Cosmotourist will be able to capture via its superior product and distribution strategy which will allow for a variety of robust monetization levers.

Moreover, and that's what every investor will emphasize, markets and opportunities will change, but a strong management team will have to be steadfast and flexible at the same time. With Frederik Kraus, Christoph Röck and Constantin Wunn, I found a formidable and complementary founding team, whereby Frederik as the MD is in charge of the day-to-day operations. Knowing and valuing Christoph since our "old joint days" at Lycos Europe was a natural inroad for this kind of relationship.

I will keep posting on Cosmotourist here and wish the team all the best for the joint exciting journey ahead.

 
 

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