European Bootstrapping Champions

Join us for an inspiring conversation with Eugen B. Russ, Managing Director of RMEP, as he shares his remarkable journey in building a highly successful holding company since 2018. Under his leadership, RMEP has achieved an impressive IRR of 39% over the past six years. With a portfolio of over 10 majority-owned companies, RMEP specializes in acquiring, managing, and operating profitable niche businesses in online marketplaces, consumer apps, and SaaS.

Discover how their smallest portfolio company earns $2-3 million in EBIT, while the largest generates $19.2 million. Eugen reveals the secrets to running these profitable ventures with lean teams of under 20, sometimes even under 15 people, achieving revenue of $5 to $10 million at EBITDA margins of 40-60%.

If you're passionate about running extremely profitable niche companies, this episode is a must-listen!

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Bogdan Bocse has been working as an IT professional for 12 years, in organizations of varied size and industry, in roles such as solution architect, project manager and technology consultant. He is the managing partner of Knosis.ai, a marketplace for quality-controlled machine learning data sets, and Envisage.ai, a end-to-end solution for computer vision and face recognition. He is also leading the open source, non-profit DeepVISS initiative, aimed at bridging the gap between industry and academia in visual machine learning. Bogdan has experience in filing patents, both in Romania and the US.

Bogdan set up his first two startups in college. Subsequently, in 2016 he made the first attempts in the area of ​​recommendation systems. In 2017 he pivoted towards machine learning, face recognition and computer vision.

"The mission of the two start-ups is to teach computers to define what they see. When a person looks at a photo, they recognize the characters, objects, and the place. However, a computer does not do this by default ", he explained. Recognition of characters, action, and place in images, whether it's video or pictures, is extremely useful especially in the field of video surveillance, biometric IDs for online payments, or for quick check-ins at the airport, or events, for example.

Bogdan strongly believes that to an open mind there are no closed doors. As a science-fiction fan and a chief-executive-geek, his life mission is to craft the truce between humans and machines before Skynet comes online completely.

”My vision is to bridge the gap between business needs for automation and digital enablement, on the one hand, and the wave of innovation rising from computer vision, visual machine learning and artificial intelligence, on the other hand. My mission is to bring the advancements from the research community and academia into the mainstream, where they can deliver business and societal value, as well as consideration and protection for privacy, objective, fair decision-making and sustainable development.”

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Johannes Stuhler is a Co-Founder of ListNRide, a digital company that provides booking platforms for bike rentals, test rides, and activities.

Johannes is also the Managing Director of ListNRide. His previous experience includes HAWE Hydraulik SE (Head of Management Accounting and Head of IT) and Edmund Lutz Textil KG (assistant to the CEO).

Johannes Stuhler is a Co-Founder at LR Mobility. He attended Erasmus University Rotterdam (M.Sc. Economics & Business, Entrepreneurship and New Venture Building) and Mannheim Business School (ESSEC & MANNHEIM Executive MBA, General Management).

According to his f6s profile he loves creating new products, new services, new business opportunities and new businesses. He likes to jump into new projects, leading as he goes. He provides product development expertise and leadership and he is passionate about quality.

Johannes leads teams in planning, creation and execution of online products. This includes business planning and development, budget analysis, board level pitching, intra- and inter-organizational organization, prototyping, supplier negotiation, content production, product development and lifecycle management.

He can identify and implement positive, efficient and successful team structures. He works by building consensus and, where necessary, saying no in order to reach goals.

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New podcast out! Today’s interviewee is Kristofs Blaus, Co-founder of Nutrameg and Science22.com, an e-health startup that employs nutritionists & data scientists to develop AI/ML technology to personalize diet plans. Kristofs won “The Best Business Idea”, twice, in 2007, and appeared in Forbes Latvia with his app. Listen to his podcast here:

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In this webinar Bergfex CEO Alexander Katzmaier talks about his experience building a cost-efficient data analytics setup from scratch.
During the one hour conversation, Alexander gives you practical insights into building an automated reporting solution with a limited budget that is easy to manage and will share the main learnings for entrepreneurs from this experience.
Dos and don’ts, tips and an insightful Q&A session.
This session is dedicated to all entrepreneurs and CTOs that are interested in learning more about building a cost-efficient data analytics setup from scratch.

Check out our website for more information.