What’s New: May 2019
Michala Gregorová
Every month we send a newsletter to our CEOs and founders with a summary of important happenings and tips about interesting events, books and podcasts. Here is the public version of the newsletter. So, what did happen in May?
The most visible development of the past month was a change of the guard in the CEO position at Bonami. For more information about David Šiška’s move from Bonami to Miton and Pavel Vopařil’s move in the opposite direction, read the following text on our website.
Twisto experienced a big shift in their shareholder make-up after raising 11.5 million Euro in their latest investment round. Miton has remained a Twisto shareholder and we look forward to spending many more social evenings together.
You’ve probably already met Michal Makoš and Hynek Husník from Reas at one of our joint events. In May we officially welcomed Reas into the Miton family – see the press release. We’re glad to have Reas on board.
Nominations are currently open for this year’s Deloitte Technology Fast 50 competition, which recognises fast-growing technology firms. To see if you qualify, check out the project’s website, which includes a page with detailed competition guidelines. One requirement is already having earnings in 2015, and 2016 for the Rising Stars category.
Recommended reading and listening:
- Listen to Adam Szabó from Driveto and Lukáš Janoušek from Twisto on the Na vlně podnikání [Business Wave] podcast.
- Listen to Tomáš Gogár from Rossum in a conversation with Lucie Výborná on the Czech Broadcasting Service.
- If you liked the book The Subtle Art of Not Giving a F*ck, there is a new book out from the same author – Everything is F*cked: A Book About Hope.
- This article on Mediaguru explores how good communication about sustainability increases sales.
- Consider the notion that the internet is becoming a dark forest on The Dark Forest Theory of the Internet.
- And more great tips in Forbes’ new column Forbes Walkman.
Share
Of further interest
PangeAI emerges from stealth to democratize access to geospatial data
(press release) A startup founded by Johanna von der Leyen and Marek Miltner at Stanford is changing the way companies and public institutions work with geospatial data. Instead of needing to hire a team of GIS experts, PangeAI agents allow making complex analyses and decisions involving physical infrastructure as easy as typing a prompt. The goal is to make the physical world as searchable and understandable as the digital one.
Every company wants to become more efficient thanks to AI, and almost none succeed. Miton is investing €400k into a startup that wants to fix this.
(press release) Even though companies know very well that AI can significantly increase their efficiency, most never get further than paying for ChatGPT accounts for their employees. It’s not motivation they lack - most fail in the implementation phase. The problem lies in the approach companies take: they treat AI as if it were traditional software. And this is exactly where Bandits comes in, a new project by Jiří Štěpánek, Kryštof Mitka and Miton.
Building an AI startup: Discussion with Tomáš Gogár (Rossum) and Martin Schmid (Equilibre).
The guests of the Miton AI Times event were Tomáš Gogár (co-founder and CEO of Rossum) and Martin Schmid (co-founder and CEO of Equilibre), who joined to discuss the challenges of building an AI startup.