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Frank Thelen, Douglas, Biontech, Autoflight

2021-11-22T19:58:38.494Z


Every evening we summarize the most important economic news of the day. Today with the steamy chatterbox Frank Thelen, the beautiful maker Tina Müller, a courageous drone investor - and why it is worth moving to Bavaria.


If Markus Lanz or Sandra Maischberger are looking for a model digital for their talk show, they are happy to call

Frank Thelen

. The ex-lion from "Die Höhle der Löwen" is less successful than many other tech entrepreneurs in Germany, but he can chat better than them. He is now pursuing the next step in his career with the same vehemence with which Dampfplauderer Thelen cracked himself up on TV and in social networks ("every minister follows me"). The man who poses as the "German version of Elon Musk" has set up his own equity fund. "10xDNA" is the name of the thing. Sure, it has to bang.

The rise of self-marketing grandmaster Frank Thelen shows one thing above all: Germany is still a tech developing country.

My colleagues Christina Kyriasoglou and Jonas Rest shine a light on Thelen's amazing business model in their story "Steve, Elon and our Frank" - including his lucrative advertising cooperations.

"I make zoom calls for half an hour and get 25,000 euros for it," explains Thelen.

"And you don't hurt anyone. You just say: disruption will come and so on."

Ladies and Gentlemen: Here comes Frank Thelen.

The economic news of the day:

  • Takeover I: The US investor

    KKR

    (who is also the largest shareholder in Axel Springer Verlag) wants to take over Italy's largest telecommunications provider TIM (formerly Telecom Italia) for around 11 billion euros. The government in Rome is reacting cautiously. Nevertheless, the KKR bid for

    TIM is

    sufficient to support Telekom titles across Europe: The Deutsche Telekom share, which is known to want to part with its loss-making IT subsidiary T-Systems, was one of the biggest winners in the Dax on Monday.

  • Takeover II: It is well known that the

    Vonovia

    housing group wants to become the largest housing provider in Europe by taking over rival Deutsche Wohnen. The fact that a capital increase of 8 billion euros is already pending for the purchase, which cost around 20 billion euros, surprised some Vonovia shareholders today. Vonovia's shares fell significantly on Monday.

  • Takeover III: The Mainz vaccine

    manufacturer Biontech also

    takes on something - responsibility. After both the no-more and the not-yet-government wandered through the Corona autumn without any orientation, the vaccine threatens to run out again. Long waiting times for the booster vaccination would be a debacle in view of the brilliant fourth corona wave in Germany. But the Corona heroes around

    Özlem Türeci

    and

    Uğur Şahin

    want to take countermeasures - and deliver additional vaccine for Germany. You can read more about the other goals of the two Biontech founders, especially in cancer therapy, here.

  • US President

    Joe Biden

    is committed to continuity.

    He is nominating Fed Chairman Jerome Powell for a second term at the helm of the US Federal Reserve.

    Lael Brainard

    , who had been traded as a possible successor to Powell, is now Powell's deputy boss.

The Personnel of the Day:

  • Douglas boss

    Tina Müller

    has converted the

    Douglas

    perfumery

    chain

    into a feel-good filling station.

    Douglas now offers pretty much everything that should optimize the appearance - from a hairdresser to massages to botox treatment.

    Now Müller is even considering buying an online pharmacy: Douglas needs to be strengthened for a possible IPO.

    Owner CVC would be delighted if Douglas passed the stock exchange as a digital retailer and not as a dull chain store.

    Müller's mission is therefore: buy and, of course, make it pretty.

What else was on our mind:

  • Lukasz Gadowski

    is an important player in the digital Deutschland AG.

    The co-founder of the delivery service Delivery Hero also likes to invest at high risk: While we are wondering whether we should invest in the MSCI World rather than in the EuroStoxx via ETF, Gadowski and his tech holding

    Team Global

    just hit 100 million dollars for the Chinese drone company Autoflight.

    With such an investment you can withdraw - or crash.

    Air mobility is "ready for growth," says Gadowski.

    We are also ready - for another savings rate in the MSCI World.

My (holiday) recommendation for the evening:

  • As of Wednesday, employees in many federal states will have

    to go back to the home office

    , and that in the middle of dark November. Thousands of employees are very annoyed. It is high time to emphasize the advantages of mobile working: For example, if you move your home office to Bavaria, you can

    also take all Catholic holidays with you

    - even if he or she works for a north German company. Not possible, do you think? It works, says labor lawyer Eva Wißler. My colleague Florian Gontek spoke to her about "holiday tourism": "Most employees don't even know that they could have time off," says Wißler. The next Catholic holiday is Epiphany, January 6th, a Thursday.Then all it takes is one tiny bridging day.

Sincerely, Kai Lange

Source: spiegel

All news articles on 2021-11-22

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