“Booming Berlin” Reports the Tip of the Iceberg for Berlin’s Startup Scene

On 6 April 2016, the Institut für Strategieentwicklung (IFSE) – which translates to Institute for Strategy Development – released “Booming Berlin: A closer look at Berlin’s startup scene,” published in partnership with Factory Berlin. The study examined the state of the internet-related startup scene in the city, as well as how it has grown and changed between 2012 and 2016.

BoomingBerlinThe study defined a “startup” as: no more than five years old; could not exist without the internet (no hardware-based companies were included); and has an independent management. Startups were categorized by their provided service:

  • Marketplace – provides a trade platform for suppliers and demanders without being traders themselves
  • Commission Business – channeling selected product offers to customer and customers to selected shops based on payment of a commission
  • E-Commerce – trade in physical or digital goods from their own, or foreign, production
  • Social – service consists of the creation of (social) contacts that are not directly aiming at the trade of goods
  • Content – creation, administration, and presentation of digital content
  • Services – provides services to other businesses or end customers

Regardless of your own personal opinion of businesses labeled as ‘startups’ or which exist only on the internet, the quantitative analysis of Berlin’s startup ecosystem provides some compelling numbers. Continue reading