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Florian Gschwandtner becomes a new investor in "2 minutes 2 million"
VIENNA. The start-up PULS 4 "2 Minutes 2 Million" starts next season with a new investor: the Runtastic boss, Florian Gschwandtner, joins the jury from January 2019, replacing Michael Altrichter.
Florian Gschwandtner Image: Weihbold
Florian Gschwandtner is the international figurehead of the young Austrian start-up. The entrepreneur and investor is the founder and director of the Runtastic company, acquired by the adidas group for 220 million euros in August 2015.
Florian Gschwandtner grew up with two brothers and sisters in Strengberg in Lower Austria and would have had the farm a few years ago to take care of his parents. The enthusiastic athlete had other projects and founded in 2009 with three colleagues, the health and fitness company Runtastic. The project was initially financed by revenues from the development of applications and other products for Austrian telecommunications companies. In August 2015, Runtastic was bought by the adidas group for 220 million euros.
Runtastic employs more than 240 people in Linz / Pasching, Vienna and Salzburg. Florian Gschwandtner remained CEO of the company after the adidas acquisition. In addition, the young entrepreneur worked as an expert in the government team in 2017, where he gave his opinion on the topic "Digitalization & Innovation" in Austria. He has already invested a portion of the proceeds from the Runtastic sale in Austrian start-ups.
"It's a big challenge to find the courage to start a start-up." 2 minutes 2 million "shows that there can be an entrepreneur all over the world." As a founder and investor, I feel obliged to give something back to the start-up scene – and "2 minutes 2 million" is the best platform for this, "says Florian Gschwandtner.
Altrichter goes
Michael Altrichter, the since the beginning of the show, is retiring as an investor next season. With more than 40 investments, he was one of the most active business angels in Austria.
"It's not easy to say goodbye, but five squadrons are enough for the moment … As all business angels know, the investments require a lot of care." I currently have more than 40 start-ups in my portfolio, 18 of which come from the show, I want to involve, help and be an active partner – it requires energy.With Florian Gschwandtner, there is a comprehensive know-how in of start-ups in the show – I could not dream of a better successor, "said Altrichter
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