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Down but Not out – Nearly 20 Times

The Fuckup Nights are returning to CEBIT: Young entrepreneurs who failed in the past show how their mistakes made them successful.

02 Oct. 2017
Fuckup Nights at CEBIT 2017

"I love beginnings," says Fede Casas from Mexico. He invested in event company Kin Camp, co-owns Intangible (INTNGBL) and has tried his hand "in at least 20 other companies, many of which have failed." Casas was a guest at Fuckup Nights at CEBIT 2017. Visitors can look forward to this format again at the trade fair in 2018.

Fuckup Nights originated in Mexico City: "Since the first Fuckup Night in 2012, the events have expanded to over 150 cities in 54 countries – we are the most active movement of creators and innovators," claims the initiative. Last year, it reached an audience of over 200,000.

Once again, the theme for the Fuckup Nights at CEBIT 2017 was "learning from others’ mistakes". In best practice presentations by the "failed" young entrepreneurs, startups learned what mistakes they definitely shouldn’t make.

For example, Ikue Uchida started her career as a management consultant at Arthur Andersen, developing performance measurement systems among other things. When she discovered that "business has the power to change the world", she decided to use her consulting expertise for international development cooperation. After working for various organizations, the Japanese citizen was among the founding members of the Orinus Partners agency. Now she helps other startups around the world find their feet "to bring about social change," explains Uchida.

Yosi Taguri from Israel, investor at Wondermall Inc. and cofounder of Labgoo, has been developing software for various technologies and devices for 25 years. Taguri started developing software at just 11 years of age – and sold his first program at 14. After that, he founded a series of more or less well-known companies, including Yallo, Labgoo, Fiddme, Shidurey and Stealth Mode.

Zipporah Gatiti wants to revolutionize the supply chain for Kenyan coffee. "Taste of Kenya" is her second startup after studying computer science in Ireland and England. The first company she founded, TestCom Technology, sold software management consulting services to customers like Eircom, Coillte and Bank of Ireland.

The German founders and ex-founders who spoke included Anna Gubanova and Gabriel Gelmann, the organizers of Fuckup Nights Hannover. Réginald Bien-Aimé, initiator and organizer of Fuckup Nights Switzerland, and Spanish "social media animal" Yannick Kwik, global CEO of the Fuckup Nights, also shared their experiences.