Johannes Neubauer

Dr. James Hollis is a fascinating American Jungian psychoanalyst, author, and public speaker. After starting to read one of James Hollis's books, I also listened to the podcast #SpeakingofJung #32, which discusses his book „Living an Examined Life“. You can watch it here https://lnkd.in/dsJEV-Uw. Three main points stood out to me as very relevant to my own life and to our society. As I prepare my workshop on the Landscape of Impact Investing in Europe at #Noah24 on June 3rd at 11:50, I wondered if these points are also important for us as investors. First, he talked about Meaning vs. Happiness: "I'm saying it's not about happiness, it's about meaning. Happiness is not a permanent state, it's transient... and what is meaningful is often found in areas that are uncomfortable." Second, he discussed Accountability and the difference between hedonism and adulthood: "It's the word accountability at the end of our journeys. All of our systems—civic, political, religious, ethical, etc.—all of them consider us accountable for the life we've lived, even though we've had hard times. We're accountable, and becoming an adult means you have to deal with what is difficult for you and exercise as much freedom of choice as you can manage in the face of the circumstances of the outer and the inner world! Now, when you look at popular culture, you realize that the typical rites of passage for men and women have really disappeared. What we have is an extended adolescence, which describes modern American pop culture. I mean, where is the depth of discussion when we have a reality show president, for example, and a bunch of clowns in public office? We have people who respond to slogans that are emotionally charged, and very few people sit down and really sort of work through anything. It's almost as if I occupied a big body and played big roles, and then I died without ever really knowing who I was, why I was here, and in service to what. So why should we not live a hedonistic lifestyle? Why not take responsibility for things and stop blaming other people for everything? The world needs grown-ups to survive!" Third, he explained that True spirituality is about embracing the mystery: "Intellectual development sometimes involves the work of your hands. It's whatever really moves and touches you and engages your spirit. Your spirituality is not a single thing, and true spirituality often takes us deeper than that which is comfortable. True spirituality, in a way, respects the mystery and allows it to be mysterious. Because any time you have a psychology or religion that has figured it out and wrapped it up in a package, it's really delusional. Those are people enchanted by and captivated by their own ego constructs. They are bewitched by their own construction rather than allowing the mystery to be the mystery." What has that todo with #Impactinvesting? Read in my comment!

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James Hollis is a fascinating American Jungian psychoanalyst, author, and public speaker. After starting to read one of James Hollis's books, I also listened to the podcast Speaking of Jung #32, which discusses his book „Living an Examined Life“. Three main points stood out to me as very relevant to my own life and to our society. But also being an Investor talking with Cyril Colin at #Noah24conference on Impact Investing. First, he talked about Meaning vs. Happiness: "I'm saying it's not about happiness, it's about meaning. Happiness is not a permanent state, it's transient... and what is meaningful is often found in areas that are uncomfortable." Second, he discussed Accountability and the difference between hedonism and adulthood: "It's the word accountability at the end of our journeys. All of our systems—civic, political, religious, ethical, etc.—all of them consider us accountable for the life we've lived, even though we've had hard times. We're accountable, and becoming an adult means you have to deal with what is difficult for you and exercise as much freedom of choice as you can manage in the face of the circumstances of the outer and the inner world! Now, when you look at popular culture, you realize that the typical rites of passage for men and women have really disappeared. What we have is an extended adolescence, which describes modern American pop culture. I mean, where is the depth of discussion when we have a reality show president, for example, and a bunch of clowns in public office? We have people who respond to slogans that are emotionally charged, and very few people sit down and really sort of work through anything. It's almost as if I occupied a big body and played big roles, and then I died without ever really knowing who I was, why I was here, and in service to what. So why should we not live a hedonistic lifestyle? Why not take responsibility for things and stop blaming other people for everything? The world needs grown-ups to survive!" Third, he explained that True spirituality is about embracing the mystery: "Intellectual development sometimes involves the work of your hands. It's whatever really moves and touches you and engages your spirit. Your spirituality is not a single thing, and true spirituality often takes us deeper than that which is comfortable. True spirituality is something that I think asks us to embrace ambiguity and uncertainty rather than resolve it. True spirituality, in a way, respects the mystery and allows it to be mysterious. Because any time you have a psychology or religion that has figured it out and wrapped it up in a package, it's really delusional. Those are people enchanted by and captivated by their own ego constructs. They are bewitched by their own construction rather than allowing the mystery to be the mystery." #impactinvestment XAnge #entrepreneurship #venturecapital #climate #sustainability #startup See my points of discussion below in the comments!

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The best part of work is always at the terminals. Yesterday at the HHLA Hamburger Hafen und Logistik AG Container Terminal Tollerort. Supporting the incredible works of founders Marcel Wiegand and Nico Marks and their exciting venture passify that secures and automates gate processes. The roll-out was a blast. Speaking with hundreds of truck drivers all day long and showing them the easiness of the gate process via smartphone App. This is another great example why founders who have years of terminal work experiences make the difference when it comes to gate integration, process knowledge and smooth software roll-outs. And this is just the start. passify simplifies and streamlines the access management process for both truck drivers and facility operators, while providing real-time information on pick-up and delivery availability. Definitely a startup to watch on an exciting growth path. #smartport #terminalaccess #startup #truck #gateprocess

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🚀 Exciting times ahead! 🌟 Discover the key milestones for the EXIST Business Startup Grant in Berlin. Whether you're an aspiring founder or simply curious about the journey after the EXIST approval, this video breaks it down step by step. Ready to turn ideas into action? Let's go! 💼✨ HTW Startup #EXIST #StartupSuccess #InnovationJourney

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FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA 3/2024”. 📈 As of the end of March 2024 we identified the following current VC trends in the United States: - Total Healthcare & Life Sciences funding reached EUR 8,217m - Biotech received 61% of the total investment volume (EUR 5,037m) with oncology being the leading indication (31%) - In March Mirador Therapeutics secures the highest transaction volume with EUR 368m, followed by Alumis with EUR 240m and Avenzo Therapeutics with EUR 205m - Premji Invest (United States) is the most active investor (by deal volume), followed by RA Capital Management (United States) and Novo Holdings (Denmark) To access the full report, please click: https://lnkd.in/d-ejFZWz #capital #biotech #venturecapital #fcffoxcorporatefinance #financingspecialist #corporatefinance #investmentbanking #capitalmarkets #valuation #mergers #oncology

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“A pivot for Germany – All for growth and growth for all”. In our new publication we show how Germany can again become more attractive to investors and increase its GPD by almost 50% by 2035. If all players in the economy and society contribute, Germany can potentially double the value of its economy from €12 to €24 billion – this represents roughly four times the current market capitalization of the 230 companies listed on the DAX, MDAX, TecDax, and SDAX. In this scenario, average household income would rise from the current €72,000 to around €100,000 annually by 2035. This pivot to growth requires additional investments of €330 billion per year until 2035 – 8% of GDP – and a dual strategy: a stronger focus on dynamic sectors (“shift”) and enhanced productivity across all sectors (“lift”). Interesting read - you find an English and German version under the link below.

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𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗚𝗲𝗿𝗺𝗮𝗻 𝗩𝗖 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗳𝗼𝗿 𝗦𝘁𝗮𝗿𝘁-𝘂𝗽𝘀 𝗘𝘅𝗽𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗜𝗺𝗽𝗿𝗼𝘃𝗲! (at least, that's the hope according to the latest surveys by the German Private Equity and Venture Capital Association (BVK) and KfW Bank). 𝗪𝗵𝗮𝘁'𝘀 𝘁𝗵𝗲 𝗱𝗲𝗮𝗹? 🤓 The BVK's German Venture Capital Barometer surveys around 200 members quarterly, covering key metrics that describe the business climate in the German VC landscape, including fundraising, exit options, and more. Start-ups are at the end of the VC funding chain. If VC funds face a capital crunch, Start-ups feel the squeeze too. 𝗧𝗵𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 📊 I've graphically analyzed the data since 2019 (see image below) and found: 𝗖𝗼𝗿𝗼𝗻𝗮 𝗦𝗵𝗼𝗰𝗸: The pandemic was a shock but also spurred new business models and opportunities. VC sentiment on fundraising and exits was high between 2020 and 2021. However, Start-up entry valuations dropped, possibly due to market pessimism. The deal pipeline remained strong, with robust deal flow quality and quantity. Many Start-ups seized the moment to access VC investments at lower valuations, driven by the pandemic's uncertainty. 𝗧𝗵𝗲 𝗕𝗶𝗴 𝗗𝗲𝗻𝘁 𝗶𝗻 𝟮𝟬𝟮𝟮: Many factors contributed to this downturn. Notably, the ECB's incremental interest rate hikes aimed at curbing inflation in Europe (see purple line). Increased energy costs, the war in Ukraine (loss of sales markets), supply chain disruptions, and poor market sentiment likely played roles. These challenges made it tough to raise fresh VC capital and secure attractive exits. A backlog of exits still exists. 𝗔 𝗥𝗮𝘆 𝗼𝗳 𝗛𝗼𝗽𝗲 𝗶𝗻 𝗤𝟮 𝟮𝟬𝟮𝟰: The sentiment indicator improved by 10.6 points to -8.9 balance points. A positive trend is also emerging in fundraising and exit options. 𝗛𝗼𝘄 𝘄𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗶𝗻𝘁𝗲𝗿𝗽𝗿𝗲𝘁 𝘁𝗵𝗲 𝗱𝗮𝘁𝗮? 🤔 I hope the situation improves in the coming months and years. Young, dynamic, and innovative Start-ups are crucial for long-term economic growth, as seen in the USA. Have you noticed the negative sentiment as a Start-up? Or the exit congestion as a VC manager? When do you think the situation will turn around? You can find full access to the reports at: https://lnkd.in/eJUt7AeK

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Always asked myself, if I can be happy …always? As an entrepreneur you are in the natural habit of optimizing all aspects of a project so why don’t optimize your life? After many years of learning about what makes us happy, I think it is only a transient state. But maybe we can feel even better … when we are in Flow! Flow is the state of consciousness in which we forget space and time, are maximally happy, motivated and efficient. In this state, we feel our best and achieve the most. What do we need to achieve this flow? Why is it so important for founders and managers? I talk about this in the podcast with editor Elena Todeva Listen in and share your best flow moments. #flow #flowmoment #success #performance #motivation #alignment #leadership #newwork #startup #vc #entrepreneurship

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🚀 Meet me at HTGF | High-Tech Gründerfonds #FamilyDay in Berlin next week! 🚀 Looking forward to meet exciting startups and fellow investors! Join me and let's talk #logtech! #FD24 #networking

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Exciting times in Germany's financial sector! 💰   The new "Draft Act on the Transfer of Funds from the Restructuring Fund to the Financial Market Stabilization Fund" (RStruktFÜG) is expected to significantly boost Germany's EU competitiveness. Our team, Christoph Crnkovic, Max Weltersbach, LL.M., Tim Müsse, Nikolai Prehn and Jan Strüter, have extensively analyzed this topic, which promises a significant deficit reduction of 2.3 billion euros, as the remaining RSF funds will be transferred to the FMS. In addition, the ban on the tax deductibility of bank levies will be lifted from 2024. 🙌   To delve deeper into this topic and more, we invite you to check out our comprehensive PDF filled with insightful regulatory issues, learn more about:   ➡️ Conflicts of Interest in Crypto-Assets // The Framework for Regulating Crypto Asset Markets and Ensuring Investor Protection ➡️ The Impact of the 6th Anti Money Laundering Directive on Financial Information Access // Framework for Digital Identity ➡️ Adjusting Loss Data Sets for Mergers or Acquisitions   Discover more captivating topics in our #Financial #Services #Newsletter https://lnkd.in/eQqyMdYh and stay informed with the latest insights and trends. Let's navigate these exciting developments together❗

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Great thoughts on how to balance multiple target dimensions when realigning operations and (re)-building production sites. Nowadays investments and operating costs run beside resilience, ESG, digitization requirements. Finding the synergies to make conflicting targets into self-reinforcing ones needs a holistic approach!

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"Most founders start planning their next funding round too late." The best time to start working on your next funding round is right after closing the previous one, by drafting the new fundraising deck immediately. This inspiring topic we discussed during my latest workshop with our portfolio company Valuecase with Dr. Jan Niklas Wick & Lennart Prange and Mika Weissenberger from XAnge. I've noticed a pattern among our most successful founders they're already visualizing and planning their next milestones while the ink is still drying on their current term sheet. The strategy is simple: Work backwards from the next funding round! Here’s a quick example: One of our portfolio founders wrapped up their Seed and immediately mapped out their Series A milestones in a draft deck (such as Paul Hock & Nina Germanus @ Green Fusion GmbH). Six months later, not only were those goals achieved, but the original deck turned into the blueprint for their next pitch. They saved valuable time and secured a successful future by having a clear plan from the start. Here’s why this "VC manifesting" approach works: 📍 Crystallizes the goals for your next milestone. 📊 Creates clear accountability to achieve them. 🎨 Shapes the narrative evolution of your company. 🧭 Provides a north star for team alignment. The (next round’s) deck becomes more than just a fundraising tool, it’s your company’s strategic compass. And here’s the magic: when you actually hit those milestones, the deck becomes a self-fulfilling prophecy. You’re not scrambling to piece together a narrative at the last minute; you’ve documented the journey from the beginning. Pro tip: - Include specific numbers. - Make it a living document. - Review it quarterly. - Let it evolve with your learnings and market dynamics. This approach ensures the final version is stronger, clearer, and ready when you need it. Remember, the best founders don’t just build to raise, they raise to build. Having a clear picture of your next chapter? That’s just smart business. What’s your process for preparing your next funding round? Would you try working backwards like this? #VentureCapital #Startups #Entrepreneurship #Fundraising

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🙏 Dear Dr. Rebekka Hye-Knudsen and Dr. Gesine von der Groeben, thank you for interviewing me for Dentons' #podcast "Tales of sales". I really enjoyed the discussion with you both. 🎤 It was very interesting to discuss with you, as absolute experts for M&A transactions, about the increasing role of hashtag #ESG in M&A transactions and about the consequences for the management and shareholders of companies. This is not only a legal issue but a question of #governance, #risk and #compliance. 🌱 For our job as #VC shareholders, it means that we have the #responsibility to engage with our portfolio companies on ESG and #sustainability issues on a ongoing basis. Startups must be aware of material, relevant sustainability issues of their business model. Alongside a #dualmateriality approach, they must define the topics that have a financial impact on the value of the company and the topics where the company's activities have an impact on the environment, society and other business areas. These elements must be prepared latest for "trade sale-readyness" because buyers do not want to buy sustainability risks. 🎧 Enjoy listening! GET Fund Martin Kröner Florian Loebermann Michael Sailer Beatrice Böhm Julian Klaiber Ilka Mehdorn

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The venture capital industry is experiencing a comeback: Over 500 funding rounds of two million dollars or more were closed by European startups in the first quarter of 2024, according to Dealroom. This represents an increase from 24 percent (Q4, 2021) to 43 percent (Q1, 2024) in Series A funding rounds. The crucial question is, how do founders manage to quickly move from the seed phase to Series A in today’s highly competitive landscape? The essential tools for this can now be found in a new book, titled “Series A Blueprint: A Guide for Seed-Stage Founders“ written by my amazing colleagues from XAnge in collaboration with HV Capital, Carta Zendesk, Amazon Web Services (AWS), torq.partners and featuring tips from dozens of experienced founders. https://lnkd.in/dzx622hB

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Start-ups in Europe: a light at the end of the tunnel - finally!    This article by Nadine Schimroszik in Handelsblatt gives reason for hope for the tech ecosystem, as it summarises a development that has been tentatively emerging for some time: The number of new #start-ups in Germany is growing again, by 17 per cent, as shown by a comparison of the first quarter of 2024 with the same quarter of the previous year.   💡It is particularly interesting to see that most investments are being made in AI. An unmistakable sign that they continue to be a driver of innovation for the German startup ecosystem.   We recently came to a similar conclusion with my team, as part of our analysis of the German startup landscape. Our conclusion: more and more funding are being mobilised for ♻️ #Greentech business ideas that are based on AI-based technologies and have a positive impact on our planet. More info on our research at IRIS can be found in Startup Insider`s Investors Report 2024: https://lnkd.in/dU-5AMPz More info on Nadine’s insightful article here: https://lnkd.in/depicwGA

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Call-for-Action! Have you registered for our “Impact Chat” in our Porsche Consulting Munich Office on November 21? Returns Beyond Profit: What is the True Potential of Impact Investing? Join us for the second edition of The Impact Chat, where we’ll delve into the dynamic world of Impact Investing alongside Caroline Grosch, Alexander Hertel, and Moritz Vohler. Impact investing is often touted as the future of finance, aiming to generate both financial returns and meaningful social and environmental benefits. But is the reality meeting these expectations? Meet Our Panelists: ✅ Moritz Vohler | Impact Investor @ better ventures ✅ Caroline Grosch | Business Development & ESG @ Reed Smith LLP ✅ Alexander Hertel | Founder & CEO @ Public Value Hub ✅ Dr. Tim Dereymaeker | Associate Partner, ESG & Sustainability @ Porsche Consulting Key Questions We’ll Explore: ❓ Is impact investing genuinely making a difference? ❓ Can investors expect competitive financial returns in the long run, or is there an inherent trade-off between impact and profit? ❓ How can we measure success in impact investing when standardized metrics remain elusive? Find the registration link in the comments below ⬇ #Impact #Investing #Sustainability HHL Leipzig Graduate School of Management Public Value Hub

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𝐇𝐢 𝐈'𝐌 𝐃𝐄𝐄𝐏 𝐌. 𝐒𝐇𝐀𝐇 🔰𝘐 𝘴𝘩𝘢𝘳𝘦 𝘊𝘰𝘯𝘵𝘦𝘯𝘵 𝘳𝘦𝘭𝘢𝘵𝘦𝘥 𝘧𝘪𝘯𝘢𝘯𝘤𝘦 & 𝘌𝘲𝘶𝘪𝘵𝘺 𝘔𝘢𝘳𝘬𝘦𝘵 🔰 🔍 Day 25: The Role of Management and Corporate Governance in Fundamental Analysis When it comes to evaluating a company's potential, numbers alone don't tell the whole story. The people steering the ship—management—and the framework guiding their decisions—corporate governance—play a crucial role in a company's success or failure. Here's why you should consider these factors in your fundamental analysis: 1. Quality of Leadership  Great companies are often led by visionary leaders. When analyzing management, consider their track record, experience in the industry, and ability to execute the company's strategy. Are they transparent with investors? Do they have a history of making sound decisions during both good and challenging times? 2. Corporate Governance Practices   Strong corporate governance ensures that a company is run ethically and in the best interests of shareholders. Look for companies with clear governance structures, independent boards, and strong shareholder rights. Good governance practices can reduce risks and improve a company's long-term performance. 3. Alignment with Shareholders Management's interests should align with those of the shareholders. This alignment can be gauged by looking at executive compensation structures, insider ownership, and whether management is incentivized to focus on long-term growth over short-term gains. 4. Red Flags to Watch Be wary of excessive executive compensation, frequent management turnover, or companies with a history of poor governance practices. These could indicate underlying issues that might impact the company's performance. Why It Matters: Incorporating management and corporate governance analysis into your investment strategy can provide a more holistic view of a company's potential. It helps you identify companies that are not only financially sound but also well-managed and positioned for sustainable growth. Engage with your network by asking: "How do you assess the quality of a company's management and governance when making investment decisions? Share your thoughts!" 𝗼𝗽𝗲𝗻 𝗳𝗼𝗿 𝘀𝘂𝗴𝗴𝗲𝘀𝘁𝗶𝗼𝗻/𝗣𝗹𝗲𝗮𝘀𝗲 𝘀𝗵𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝗼𝗽𝗶𝗻𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝗲𝗻𝘁𝘀 📌𝗙𝗼𝗹𝗹𝗼𝘄 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 ( Deep M. Shah )🚹 📌𝗙𝗼𝗹𝗹𝗼𝘄 𝗳𝗼𝗿 𝘁𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹 𝗮𝗻𝗮𝗹𝘆𝘇𝗲 𝗰𝗵𝗮𝗿𝘁𝘀📈 (Creative Stock Research ) 📉 📍 Equivaluesearch #FundamentalAnalysis #InvestingBasics #FinancialHealth #StockMarket #InvestmentStrategy #FinanceEducation #Finance #Investing #StockMarket #Valuation #PEratio #LinkedInLearning

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Explore the latest trends in DACH's private equity scene in our #Spotlight podcast where Nicola Ebmeyer discusses deals, exits, and current portfolio metrics! Thanks to @Isabella-alessa Bauer and FINANCE Think Tank Corporate Banking & Finance – Eine Initiative der Targecy GmbH! Listen here: https://okt.to/yPOCxc Download our 'State of DACH PE' report here: https://okt.to/vPSldq. #DACHRegion #exits #investors #deals #privateequity #Podcast

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Where is the DACH private equity market heading? 🤔 Join us for an exclusive webinar where we dive into key trends and the future outlook of private equity in DACH with insights from our expert panel: ➡️ Thomas Schumacher, Senior Partner and Leader of the PE Practice DACH at McKinsey & Company ➡️ Katja Schwarz, Principal at Verdane ➡️ Christian Keller, Co-Head, European Financial Sponsors Group at Houlihan Lokey Our panel will unpack findings from our latest report, discussing critical topics like: - Recent developments in PE deal activity 📊 - Longer holding periods ⏳ - Shifts in buyer types 🤝 Whether you’re an international investor or a DACH-based firm, this webinar offers valuable insights into the market. Don’t miss out—register now to secure your spot: https://okt.to/CPI7bV Can’t join live? Register anyway, and we’ll send you the recording! #privateequity #DACHinvestors #webinar #investmentinsights

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