Lessons Learned from Start-ups

On May 24, the WHU Campus Düsseldorf, in cooperation with the WHU Entrepreneurship Center and Orrick, hosted the fourth Entrepreneurship Roundtable under the title “Corporate Venture & Innovation: Lessons Learned from Start-ups.”

Düsseldorf´s Mayor Thomas Geisel pointed out the importance of the city as a growing hub for startups.

There, some 120 participants spent an afternoon discussing the latest findings around the factors that set successful entrepreneurs apart from their less-successful counterparts. Düsseldorf offers the perfect venue for a meeting on entrepreneurship, as the city’s Mayor Thomas Geisel underscored. He pointed to the long history of trade in the state capital city that today is not just a hot spot for fashion and advertising companies but increasingly a hub for startups as well. In addition to best practices, the conference also focused on questions of ways in which companies can harness the innovative power of startups for themselves, and what entrepreneurs can do to profitably carry out the digital transformation. The varied program of lectures and panel discussions also offered participants an opportunity to gain up-close insights into the management processes of different startups and investors, and to visit with fellow entrepreneurs. Speakers included Kai Schmidhuber of L'Oréal, Florian Pauthner of SevenVentures and Philipp Depiereux of etventure.

The Entrepreneurship Roundtable is an initiative by MBA students at WHU. It is designed to provide a platform where participants can discuss business ideas, practice “pitches” and obtain advice from experts in the world of startups and entrepreneurship. The student club also organizes events to build a network and facilitate interaction among VCs, CVCs, founders of startups, legal experts and practitioners.