100 million for app – geniuses collect a lot, but are silent about it

A university professor from Linz is said to have collected a whopping 100 million dollars for his math software called GeoGebra. The scientist does not give interviews. Many technology geniuses “Made in Upper Austria” show this behavior: You collect tens of millions, but you don’t ring the bell for success.

You have to imagine the classic Upper Austrian start-up millionaire as a mixture of Daniel Düsentrieb and Dagobert Duck: You enjoy the success and remain silent about it. The Runtastic founders (sold for 220 million euros) were rather the exception because they were open about it. The 180 million deal by the Linz company Dynatrace was much less noticed by the general public. 50 million deal under “also ran” While this software forge is still somewhat well known, only business-savvy compatriots from the Linz company World4You are likely to have I’ve already heard something: The rumored sales price in 2018 was almost 50 million euros. Or the company Storyblok, which is also based in Linz: According to the company valuation, 80 to 100 million euros. Tech Center as a “maternity ward” Many of these start-ups have taken their first steps in the Linz Tech Center, a maternity ward and kindergarten all in one for many Company founder not only in the IT industry. Managing director Georg Spiesberger knows what makes computer nerds who become millionaires tick: “We keep seeing that our tenants inspire each other. If someone has an idea and sees how well start-ups can work, then they dare to think about it themselves more quickly. “
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