Benjamin Otto News Today

Benjamin Otto will succeed his father Michael as Chairman of the eponymous e-tailer in 2026. This leads to a series of musical chairs.

The Hamburg-based mail order giant Otto is set for a generational change in the next two years. The company patriarch Michael Otto wants to hand over the leadership in two stages by 2026. This should...

A new era is beginning at Hamburg-based mail order giant Otto. After more than five decades in top positions, company patriarch Michael Otto will hand over the strategic leadership of the family...

Shortly before his 80th birthday, honorary Hamburg citizen Michael Otto sees his future continuing in his company. Looking ahead to the handover to his son Benjamin Otto, the Chairman of the... | April 9, 2023

Last year I covered the launch of Berlin-HQ’d Revent — a new European early-stage with an “impact” focus — it was aimed to launch a €50 million ($60 million) fund to focus on climate tech, health, and well-being, and economic empowerment, backing startups with both “purpose and profit”. It’s now announcing the final close of […]

New European early-stage VC Revent launches with an impact focus, and sights set on a $60M first close Revent — a new European early-stage (pre-seed to series A) venture capital fund with an “impact” focus — is coming out of the gate today, and is poised to reach its target of a €50 million ($60 million) fund, with the first close of that already completed. Focusing on environmental and societal problems, Revent will be looking to fund startups with both “purpose and profit”. Head...