Samwer Brothers, Delivery Hero Partner For Global Founders Capital

By  |  March 18, 2013
 | 

Brothers Oliver and Marc Samwer and Fabian Siegel, founder of Delivery Hero, have partnered to create a new $194 million venture fund called Global Founders Capital.

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    “There are businesses that Rocket cannot build or do not have time to build,” said Siegel. “This is about opportunities elsewhere that Rocket does not do but wants to participate in, to give back to entrepreneurs. Things we don’t understand as well as e-commerce will be investments later.”

    GFC will operate more as a traditional venture capital company than it will as an incubator, according to TechCrunch. The company expects to close its first funding deal in about five weeks.

    Read the full story here.


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