All investors have sold their shares of First Sensor Technology GmbH to a strategic partner: the Silicon Sensor AG, Berlin; listed in
Frankfurt´s Prime Standard. First Sensor has been a company in our LVC-portfolio since 2002.
Our lessons learned (with a wink):
- the five-friends-principle in a start-up
- a promising bouquet of flowers (or investors) will fade - after a few successful years
- a new CEO-solution is expensive: at the beginning and at its end
- an innovative high-tech productline shows the gap between vision and market
- the significance of a bread and butter business
So, the project was instructive, but not successful ...