Samwer brothers start Founders Fund Europe

Filed in archive Venture Capital on June 27, 2006

Alarm:Clock reports about the angel network that the Samwers have started:

"In business as investors for about nine months now, the European Founders Fund has enetered the equity of 7 startups, 4 in Europe, and 3 in North America, and is looking to add 5 or 6 more in the coming year.

Current portfolio firms include Hitflip.de, a Peerflix clone, e-Sport.de, a developer of browser-based games, and Myphotobook.de, a Berlin-based publisher of books based on digital photo albums.

In many ways, the setup and approach is similar to the Scandinavian early stage investor Lund/Kenner, which we profiled in April (See link below). "

So myvideo is a bet that the Samwers made a while ago.

The European Founders Fund does not have a homepage that I could find with Google. Who has a homepage and what is a little odd is that the US Founders Fund has also been started in 2005 by Peter Thiel, Ken Howery and Luke Nosek - all former Paypal founders/ executives.

I doubt both organizations having something to do with each other - strange naming decision only?