Stefan is London-based entrepreneur and angel investor from Germany. He is the co-founder of companions.de, companionsTV, ricardo.de and myblog.de. He is also the founding investor and executive Chairman of Mendeley.com and RjDj.me and has been in the same role at Last.fm.
After deciding to invest ‘a few hundred thousand’ in Last.fm this turned into a £22 million profit following its sale to CBS in 2007. Stefan is a firm believer in European entrepreneurship and remains an active business angel. Outside of his business interests he holds a PhD in foreign exchange risk management and was a professional DJ for 15 years.
How long have you been a business angel?
My first experience as an angel investor was from 2000-2004. In 2005 I
stopped investing to focus the vast majority of my time to helping build
Last.fm. When we sold it in 2007, I became a full time angel again.
What attracted you towards becoming an angel investor?
It’s a function of age I’m afraid – pretty much the same reason why a
football player evolves into a manager position. I love working on
innovative ideas, and being an angel gives you more of an portfolio
approach instead of putting all your eggs in one basket.
To read the full, original article click on this link: The 10-minute interview - business angel Stefan Glaenzer | iBusinessAngel
Author: iBusinessAngel
