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Friday, June 15 • 15:00 - 15:45
How to build and finance a for-purpose company that is not up for sale. What start-ups can learn from Zeiss, Alnatura, Bosch, Voelkel and hundreds of „steward-owned“ companies.

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You don’t want to sell your company as soon as it functions economically to absentee owners? You prefer to make change to make a lot of money? Learn from Zeiss, Alnatura, Bosch and start-ups like Sharetribe or Buffer.com how to structure your company in a way that it can stay mission driven and independent in the long term. With the help of „steward-ownership“ a revolutionary but time-tested concept of „self-owned“ companies, it is possible to start and finance start-ups that „owns itself“ i.e. is „owned by its purpose“. It changes the legal DNA of the company to make sure it is „self-determined“ and purpose-oriented in the long-term.   The keynote will furthermore explore alternative Investment structures for no-exit start-ups. Will a VC invest in me if I wont offer an exit? What types of alternative deal structures can I offer that allow me to not sell, to stay independent and at the same time access enough capital? Armin has raised double digit millions on non-exit terms and will share his knowledge. 

avatar for Armin Steuernagel

Armin Steuernagel

Co-Founder, Purpose Fund
Armin Steuernagel is a serial entrepreneur and co-founder of several businesses—among others Purpose Foundation and the investment fund Purpose Ventures. He founded his first business at the age of 16—a mail order company for sustainable toys that is active in Germany. Another... Read More →

Friday June 15, 2018 15:00 - 15:45 CEST
7 — Stage Seven