The Lion's Den: What happened to Munich TV startups?
The 11th season of the startup show "Die Höhle der Löwen" (The Lion's Den) is currently being filmed. We take a look back: What happened to Munich startups that faced the TV investors?
The founders of the volunteering platform Letsact came across strong headwinds from TV investorsGeorg Kofler even accused the young social entrepreneurs of "double standards" in light of the proposed valuation of €3 million. The other investors also disagreed with the combination of volunteerism and entrepreneurship. In June 2021, the two founders were able to then sell the majority of their company to Fonds Finanz and Bayerische. (Photo: TVNOW / Bernd-Michael Maurer)