Die Startup-Szene

Casacanda CEO Roman Kirsch on the Berlin Startup Scene and Becoming Fab.de

Mr. Kirch.

Wilkommen! This is part one of Betabeat’s new mini-series, Die Startup-Szene, a peek at the up-and-coming tech hub of Berlin. We sat down with entrepreneurs from three leading young companies here in the city that is only very, very occasionally referred to as Silicon Allee.

Roman Kirsch, who skipped two grades, has studied in Los Angeles and London, backpacked in Australia and interned at Goldman Sachs. In July 2011, he and two cofounders started an Internet company most recently reportedly valued at $10 million. About six months later, he sold it to one of the hottest startups in New York. He is 23.

It’s enough to make you wish for some Schadenfreude. Until you meet Mr. Kirsch, that is, who gave Betabeat a hug when we met with him on Monday morning at Wohnzimmer Bar, or “living room bar,” a quiet and quaintly-decorated cafe in Berlin’s startup-heavy Prenzlauer neighborhood. Wrapped in Abercrombie, he ordered a hot mint tea with honey in place of coffee. He struck us immediately as, well, calmer than the average starry-eyed 20-something New York startupper, an even speaker with wry, smiling eyes. Still, he described his company’s acquisition by Fab.com as “the best thing that could ever happen.” Read More

Acquisitions

Fab Goes Euro Flash: Acquires Casacanda and Relaunches It as Fab.de In Germany, Austria, And Switzerland

casacanda

Another month, another milestone for master pivoter Jason Goldberg and his go-go daily deals for design startup, Fab. Today, the company announced that it has acquired Casacanda, a Berlin-based flash sales company. Along with the acquisition, Casacanda will relaunch as as Fab.de, serving Germany, Austria, and Switzerland.

Last November ccTLDInvestors, “the online magazine for global domain investors” noted that a company called Sedo made a tidy profit by selling Fab.de for $50,000. That same week, Fab also purchased Fab.eu for 35,000 Euros, so expect more updates for Fab’s fabulous European adventure.

According to Mr. Goldberg, Casacanda has been on something of a roll. The site has 250,000 members and grew by 90,000 in just the last 30 days. Add that to Fab’s existing membership, and the company has won over more than 2.3 million users in the past 8 months. Read More