BERLIN / LONDON (IT BOLTWISE) – Christian Miele, a prominent investor from the Miele family, appeared in the season finale of ‘The Lion’s Den’ but decided against investing. Despite his enthusiasm for the startups presented, he went home without a deal. Miele explains why he doesn’t regret this decision and what insights he took away from the show.
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Christian Miele, a well-known name in the German startup scene, recently ventured into the world of television by appearing as a guest judge on the popular show ‘The Lions’ Den’. Despite his experience and influence in the venture capital world, Miele chose not to invest in any of the business ideas presented. This decision may come as a surprise, especially given his background as a partner at Headline Europe, a multi-billion dollar VC fund.
During the show, Miele met familiar faces like Frank Thelen and experienced heated discussions, especially with the ‘Lionesses’. Despite the intense atmosphere and promising presentations from the founding teams, Miele decided not to close a deal. In an interview, he stated that he liked all teams and didn’t think any idea was “stupid,” which makes his decision all the more remarkable.
Appearing on the show was a new experience for Miele. He described the setting as bizarre, with cameras everywhere and a constant need not to say the wrong thing on television. Despite these challenges, he remained curious and respectful of the founders and their ideas. Miele emphasized that he left the show with a feeling of satisfaction, even without having made a deal.
The decision not to invest was not a spontaneous one, but a well-considered one. Miele explained that he focuses on the long-term perspective and that the show gave him valuable insights into the dynamics of startup presentations and the decision-making processes of investors. This experience could influence his future investment decisions and further strengthen his role in the German startup scene.
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