{"id":77436,"date":"2021-06-28T15:51:17","date_gmt":"2021-06-28T13:51:17","guid":{"rendered":"https:\/\/www.hiig.de\/?p=77436"},"modified":"2023-03-28T15:16:56","modified_gmt":"2023-03-28T13:16:56","slug":"caught-in-the-jungle-of-bureaucracy-can-european-platform-entrepreneurship-succeed","status":"publish","type":"post","link":"https:\/\/www.hiig.de\/en\/caught-in-the-jungle-of-bureaucracy-can-european-platform-entrepreneurship-succeed\/","title":{"rendered":"How can European Platform Entrepreneurship succeed?"},"content":{"rendered":"\n

HIIG researcher Tina Krell had the opportunity to interview Aleksandar Orli\u0107 from Randevu.tech. Together they talked about platform entrepreneurship in Europe and the opportunities as well as challenges of the future. The conversation draws on Berlin-based Orli\u0107’s wealth of experience with start-ups and the tech sector. The focus is on how innovation can make platform entrepreneurship more accessible.<\/strong><\/p>\n\n\n\n

In the ongoing regulatory debate on digital platform businesses, European platform companies are often bypassed. Whenever there is a public debate on European platforms, the underlying discussion revolves around questions like: Why don\u2019t we have a \u2018European Google or Facebook\u2019? Why don\u2019t we compete globally in tech? <\/p>\n\n\n\n

Yet, platform businesses come in many shapes and sizes (<\/a>Lehdonvirta, et al. 2020<\/a>). Successful platform companies are more than just a \u201cfew very large online platforms.\u201d Instead of comparing apples and pears, the Platform Alternatives research project focuses on the business realities of European platform entrepreneurs. <\/p>\n\n\n\n

The platform alternatives research project<\/a> interviewed one such European entrepreneur, Aleksandar Orli\u0107, Co-Founder and CEO of Randevu.tech<\/a>. The company is a platform-as-a-service provider for letting founders build complex marketplaces with minimal code. Orli\u0107 is a serial entrepreneur and a passionate software engineer with more than 20 years of experience in coding, analysing, architecting, mentoring, and leading in the world of technology. <\/p>\n\n\n\n

An interview with the platform-as-a-service startup Randevu.tech<\/strong><\/h2>\n\n\n\n

Tina Krell: <\/strong>How would you explain your business to someone without prior knowledge?<\/p>\n\n\n\n

Aleksandar Orli\u0107<\/strong>: We are kind of AWS [Amazon Web Services] for marketplaces and matching platforms. It\u2019s a software tool initially targeted at non-tech people and business people who are aspiring to create some sort of marketplace or matching platform. So it\u2019s a software tool that helps you create this kind of platform for your end-users and you can match whatever you want. We want to encourage business owners and entrepreneurs to change how they think about platform businesses and not to be restricted by a rigid platform architecture.<\/p>\n\n\n\n

TK: <\/strong>What\u2019s the innovative part of it?<\/p>\n\n\n\n

AO<\/strong>: The innovative part is that it\u2019s extending the conception and understanding of the marketplace and matching platform as it is. If you take the average person and ask him or her what is a marketplace? 90% of them would identify it with Amazon or e-commerce. The remaining 5% would also look a little bit ahead, which is that it has two sides and some interest in connecting both sides. But some platforms have to do much more because end users have to trust people on the other end. With randevu you have the flexibility to adapt the infrastructure. Our approach is to give short-term and long-term scalability with a mix of no code marketplace configuration and well-placed API integrations. There is no defined kind of solution in the product space for this kind of thing. So the business space is evolving, but in the product space and technology space, not too much. That\u2019s the innovation and what makes us different, and that\u2019s why I prefer to say it\u2019s AWS for marketplaces.<\/p>\n\n\n\n

TK: <\/strong>What drives you to build this platform-enabling technology?<\/p>\n\n\n\n

AO<\/strong>: Its impact on the global economy and global wealth. It\u2019s kind of doing something good. It\u2019s something good for the whole society, not only for a limited number of people. And on the other side, it\u2019s kind of risky, innovative thinking, making us learn much more about something that we dedicated our lives to, which is technology and building something. And it\u2019s a tech start-up, and I\u2019m a tech guy. Here you also have the opportunity to develop something really original. There is nothing for this to copy from the product side. So, you know, it\u2019s kind of really creative work, which can be potentially useful for society.<\/p>\n\n\n\n

TK: <\/strong>Where do you see the opportunities for starting a platform company in Europe?<\/p>\n\n\n\n

AO<\/strong>: When you put it in the context of Germany, I think the biggest problems come later because in this early stage you have a lot of opportunities, especially in Berlin. It\u2019s kind of the epicentre of the start-up world, I wouldn\u2019t say worldwide, but one of the hottest spots in the world, definitely. And in Europe, maybe the first one. So, really nothing wrong with that. A lot of possibilities, accelerators, helpers, early-stage advisories, or all kinds of incubators.<\/p>\n\n\n\n

TK: <\/strong>Where do you see challenges for starting a platform company in a European country such as Germany?<\/p>\n\n\n\n

“I would say administration and bureaucracy are kind of the most difficult issues in general, at least in my experience.”<\/h2>\n\n\n\n

 <\/p>\n\n\n\n

AO<\/strong>: What is complicated in Germany is regulation; when it comes to forming apparently simple things like incorporating your entity or holding open bank accounts. You know, if you dive into regulated domains like banking, for example, again, it\u2019s really complicated. It takes a lot of time to solve these administrative issues. So I would say administration and bureaucracy are kind of the most difficult issues in general, at least in my experience.<\/p>\n\n\n\n

TK: <\/strong>I\u2019m surprised that you didn\u2019t bring up funding. The lack of funding is often mentioned in that context.<\/p>\n\n\n

AO<\/strong>: I didn\u2019t even think about it, and I\u2019m happy because of it. I really believe that the funding will come if you do your homework right. You know that there is a certain uncertainty there, but it can be done if you prove that you are onto something good. There are people who will listen. And if you can execute, there are people who will give money. So I think it depends on you.<\/p>\n

 <\/p>\n

This post is part of the European Platform Alternatives issue in focus<\/a><\/p>\n

 <\/p>\n\n\n

Key Takeaways (TL;dr)<\/h2>\n\n\n\n


There is a lot of potential for starting a platform business in Europe, especially in Berlin. Accelerators, early-stage advisory boards, and incubators make it easy to validate ideas and test the market.<\/p>\n\n\n\n

 <\/p>\n\n\n\n


Regulation, bureaucracy, and administration might be much more of a key limiting factor than access to funding in Germany. Yet, opportunities seem to outweigh challenges.<\/p>\n\n\n\n

 <\/p>\n\n\n\n

 
In-demand innovation will likely trump geographic determinants, advantages, or disadvantages from the founders\u2019 perspective.<\/p>\n