"The Lion's Den" (Vox): Two students behind the start-up "NextFolder"
Created: 09/09/2022, 16:13
By: Carina Blumenroth
You probably know metal ring binders from your school days or from your everyday life.
Two students have replaced the rings with plastic rings - the system is practical and sustainable.
The Lion's Den is back!
The 12th season of the entertainment show started on Monday, August 29, 2022 on Vox and RTL+.
The third episode will be available next Monday.
Also present this time: the start-up "NextFolder" by two high school graduates from Suhl.
Valentin Steudte is one of the two, he explains: "With the NextFolder we wanted to create a stapler system that is practical and as sustainable as possible."
Valentin Steudte (left) and Johannes Baumgardt present "NextFolder" on Monday.
© RTL / Bernd-Michael Maurer
"NextFolder" makes it easy to turn multiple pages
If you have a metal ring binder full of documents, then you know this: turning the pages can be challenging at times.
Writing is also associated with further difficulties, especially for left-handers.
The new folder generation from "NextFolder" with flexible plastic rings can provide a remedy.
What is special about “NextFolder”?
Here the idea came from students for students - this means that other approaches were the basis for the development.
Johannes Baumgart (19) and Valentin Steudte (19) had the idea for the new filing system when they were 15 years old. When they founded the company Invental Industries UG, both were still minors.
Therefore, Valentin Steudte's grandmother currently has 100 percent of the shares, which are to be divided 50:50.
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The "NextFolder" product is available in different colored cardboard, all components and the binder cover can be replaced individually and all individual parts can be bought later.
The two high school graduates need 80,000 euros to be able to establish "NextFolder" on the market.
They offer 30 percent of their company shares for this.
You can see whether a deal is made on Monday evening at 8:15 p.m. on Vox or RTL+.
