Alexander Straub (entrepreneur)

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Alexander Straub
Alexander Straub.jpg
Born (1972-06-14) June 14, 1972 (age 51)
Erlenbach, Bavaria, Germany
Occupation(s) Investor, Entrepreneur

Alexander Straub (born June 14, 1972) is a German-born Internet and Telecommunications entrepreneur and investor, and the head of the London firm Straub Ventures and Cambridge Accelerator Partners. [1] He was a Rhodes Scholar at the University of Oxford for Germany as a PhD student. He holds degrees from Darmstadt (Dipl. Ing) and Cornell University (MEng), and also attended Stanford University.

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In 1999, Straub and business partner Rouzbeh Pirouz won a Sunday Times entrepreneurship contest. Using the prize money and additional funding of around £7.6m, [2] they launched Mondus, an online B2B marketplace for SMEs. By April 2000 the business was valued at £760 million (Financial Times Article). Later that year, in August, a 40.7% stake was sold to the Italian firm Seat Pagine Gialle for £100m in cash and shares. [3] Soon after the transaction Straub was appointed as Vice Chairman. He moved to New York City to establish Lazard Technology Partners II, a $300 million venture fund, while Pirouz stayed on with Mondus. The duo later bought back Mondus .

In 2006 he co-founded mobile Voice over IP specialist Truphone with James Tagg. Straub was named Technology Pioneer at the World Economic Forum in 2007 and 2008 for his work with Truphone. [4]

In 2007, Straub co-founded Pixsta, a visual search company that later merged into Empora Group. Today, he remains CEO and Chairman of Empora Group, which operates the social sharing network Fashionfreax and Avenue7. He acquired fashionfreax in 2010. [5]

In early 2017 Straub launched SnapMe, an App-based e-commerce company, based on e-commerce enabled via computer vision, machine learning and A.I. in preparation for an augmented reality and VR enabled world.

Personal life

Straub lives in London with his wife Tilla Lindig, founder of Luxury Family Affair, and three children.

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References

  1. ↑ "Alexander Straub". Business Week, Bloomberg. New York City. 12 June 2000. Archived from the original on 15 March 2007. Retrieved 2006-10-30.
  2. ↑ Rodger, Iain. "Mondus storms b2b market", BBC Business, London, 4 April 2000
  3. ↑ Cassy, John. "Fledgling Mondus raises £100m with sale of 40% stake", The Guardian, London, 11 August 2000
  4. ↑ Mansfield, Barry. "A True Calling" London, CNBC European Business. 1 January 2008
  5. ↑ "Empora acquired fashionfreax"
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