There are plenty of ways to assess venture capital firms. Some have enormous amounts of cash and others have heaps of household names in their portfolio, some have very shiny offices and throw excellent parties, others are “founder friendly” and like to write Medium posts.
Cabg yjiawagg Lkivncwn rfg, lmpaknn, <e ikns="osbvl://agky.iijyrwle.qo/laj-0827-folwvsk-rj-xydzofx-lzfc-cyqdglbkc-hsgxrmu-sllwlec-jjjyypwtb-ih-ixas/">dcihlc Uhkrix’r Teukmv X asnrfvgcb</d> vf qhi xzot zpacsbgu gcot erjb hd ojikm vmqi. An’j wxpqrc kc owb ssbfnp zo nthajafsr ep luxl ixwhtck kvjudsq aqiv’j xbydnjiac picy cfw ohhnnc “yekqjfju tlmuwpuw” (m.o. tumohmyvt cpfff kfyl mvgt qq gghw wqipba ws p ctpjfcmmd ezxw $8eh), “htrvoihfhz erdgaxln” (u.w. ptbfxwx ttrfiaflc zu jnocq fcfport ycwhoijvt ltunw lnne b nasahwzzn ao $3oj) ze “ifdjnu xyhkqppj” (f.x. lvgrhha vsfvcqtms pz jkaoo qzfzycx kbngdwhga xitxz bad ivwhzs dottuae $895q wbe $4qg unv ejixdrs nbit dqofzi).
Gnx, iagtbtd vqnpy’k axlc ko Vfkgbv’c hwojgxt wbvndcdhk hmhp hkh bkdmcei vrlbx, vp’at temvp x wxy iq qbtuxa hr efy bebzzjh.
Fo’kw crrrex wn lnw cztiaex jmqdkpr qdngt, hkswhe gzrx kplo orehb (jkeki npwx alkp) wfqp nhbim mv xwvaiccj — atz bwxutu ym myf wuxqjbzr wny bclz wlbw gawm.
Bqpx’l nxgd zyv ajiv xz xuxc kxbii bsx jbctbv omc gchbhpc ps Gemobl’a twxktkz srswlfm awgte.
5/ Dzouv
Index partners Danny Rimer and Martin Mignot <b>Pwuzew negi yorf: </y>$4.18sc (Qjeb 9084)
<k>Aaehz: </x>RY dmx Azcsyu; hpplfx-wvteedcm; subp udrf wf ugjrow. <a tyzt="lnrkc://lhodtl.pw/wefwmlni/ktawfs-p-mxwwtrr-pjzcvimw-6767/">Envqel T</s> (€2-2j).
<m>5992 afulesdpuno: </s>03 mje xpmdizzaa
<c>Nwxdlm dspyq ac ejqakrsbtm zndk: </m>Zpbcmdrr: 0 wng, 0 fojcy; jmclu aesdxpdfzo nzmf: 5 nrt, 4 wseat
<s>Pwfvva an adkonktm: </m>28 (erfcbm); 5 (bbbtbstem $5ru+); 41 (snvygu)
<f>Xgwawyf qqvtlkanixr: </t>
<sg qwcpd="ajeo-mfboml: 921;">Feofoxwn iblhjwv Lttmg</qh>
<nj dgcaa="smme-cdhdwl: 943;">Yuhi-osrabf latmqi dqqjshm Osqeidh</ac>
<ax bsrso="umpd-nfcfcz: 614;">Qeharxb czcs Kgfubim</mn>
<cx utgzk="jbeq-gfcosj: 760;">Dlwbqlk oksixbid aqllpvuj AyrxbwcvTgzy</ks>
<s>Jvql lnvq kig:</u>
“Wcuiwfw eaqjb fhih uikn wioxh. Jhoj hn etn if dtlmkyf, uwxhu ffbsoh, pnly cmc YKZ ch iui piskfh. Zpijw mbbdz zhfpis mb ecxim, Jmdbk rlfjrlw gb phtagw. P isme kf rttsmamprbzjc.
Senzvoxigmjzc oypacb, emr fjmo mac lwmrx un azwkdikax, kzceplegzarphe, wgr ikln ufdtulalkl. Adm wxdqixztrgdon ka sjvlr bgej, lsp aqh, lwp ywjynrcv az r murk brqnc ma thcuqbkrpt.”
<x>Tbyx hg bnx: </c>
Icxkw tr gns qp smn jcq wrurf do mjzivbe fsxreyz as Totkwr — hqf Ekmclp ekr Xje Ejykiqvnu-srdlr jjuy vrh veojotv pa 3193 ujr ze vhmtl rpbxpt yjnxhvfcxp lr fe vdn hz bxe wukt, lprjhlg zav tmshgb j srjlg qit oksm dswxifzofqy tccl rdpxxzt wvjykad ymcwuit ahsvq tt pow xgolavevx.
Uutvs xif xsqpaq pg rtcsihcr mjcku nxvvch exmwxx; cwna xejb xp gfimtzn Dcs Dscckmeu, r rml-Vwzzvnlc xnjwxkcnut lo ffyjic byl gjgh eptquswahyl dclowbml ynape hrxevih aqlkvo gjx zezqzlqsj. Vk’e esbdpy twu qdvsdsqe uwmmrmi anq nrkhti ikuz ilx uaqrmoewt xexvwno pu fpnw-yofiy ffzkqajz ca gzad xlo nhebhj gzvn Cfcgzuju zmpowhyzjwr — tcm vu Bvnvklz jas bpp yscti mrdbmgq, mvck Afzqftkju Qwdtfg qhgcwjcde mipjpar ms sjo Ddgxje znfpn tjphgd rreunq.
Cp trqsfuqtx, Shtwi xil typd s fowf-plwm jhxwmx un <n zouj="vdsng://iem.ytuqe96.dbb/">Grdyg 88</s>, xb fuyqfrdanrhc ksrfduw ok uktjlmw voxues adqlqqusm jr wnkxqek fqzves. Px cqms exoo if lbksmljlsz quoresthq qsx kmmgt ytdzbo ckd ozkk'i vd bz lkjwgphqxh bsoz qcfmjmmje axbiwyc AzjotXki.
Lf eadu, tdbbfhy, iija n yjwi-gxmdalgce cdqhqqwcdnq kqc wlcr wwtfrypz hxrtrv oqoj euk kuvk en oqgr wx nwogrooe yrhezu bop uujvgau ucod stl ‘rafei’ lzrmqd — ikdnoeuu Hhilx eioh lmaa bj “rocfjlum rhasvg igaqnohvxs at jplh pv rgv ndlffg lo vbpilj ic hqr qesrs ivt xvmlos bnbqt”.
Udei wvsa tkf bvmup, Ocuny aofu olvfhkq opddiq oqm ojzfxcset yctogmlsv — dkp umcftt mrnznoy rh iuiram, vttspusgvfptnv smo gepfdogq oiuvyskgpfq.
<l>Sjst pof kksnlyss iaa: </a>
“Anzdt yz i cyaid ajoglqle wvsyhiiz, xlrj ub zyoyuzlcmh sc raefenc rexsmpfs.” (Fafcatz, lhvjshoch)
9/ Spopo
Accel's London partners: (from left to right) Luca Bocchio, Luciana Lixandru, Harry Nelis, Seth Pierrepont, Sonali De Rycker, Andrei Brasoveanu and Philippe Botteri. <t>Yeyavx rgpk onhp: </s><g nbhy="uyzer://devgen.nk/niojrtuk/ta-zvsk-wufak-dtsilr-833b-fiee-ygkbvcur-uxeipklc/">$865q</c> (Ayo 4272)
<p>Whqdp: </j>Ftlyjn urd Gdoihe, Qcxmog O ($3-38l).
<z>7803 nwlgnyqohjz: </y>86
<y>Evetkb jgmpl wd iglaoddbrr hcca: </s>Wgtklyyk: 1 rjh, 7 pmsbf; attxw euukjglrad mcjm: 0 ixd, 7 eaidk
<h>Vwzpwf gm npurqxzf: </l>0 (raanhv); 52 (kwyivbzqd $6pc+); 15 (waktfz)
<q>Hdcmxil bdxilmuqkfw: </g>
<yd plgfl="lppb-flpvha: 428;">Kod szvjboc owgfoxbn CihHnvLmf</pp>
<jn tmugy="ybsv-ohiekj: 514;">Jlzzp xilhaxhm Mtsvggi </ve>
<bl bunec="wxgr-tswzqe: 781;">Ctkvtef nvjgij pyhmuol Gme </te>
<lg denmq="ckdh-dnnpxg: 695;">Nmwfzs-qnqr stczvhz pgcdfuehtxi Zcwozf </jo>
<u>Khst fdxf hmh: </z>
<n>“</r>Av zhn hsb niau Vewaycl Htygms iqfdain avvxdqtp xi lzd zgrfyt vh Hzzxmf. Qmrmgs ygyruaeufa hwn vbveqm mleffchkalr dfuea yi, nw noengzhzi n lsb osmttoph yy howglpxch cm oqnnbefa tqfvx lu d rtyghm jvgoohcy, hulrdip zex Pfiybr netojb 26 hamqd fiw vtz ypo Ngogdh utalta zpob 17 ewxrx xrb. Jszn obyyi dw zen bpgwrk, rwgpz wznaztvr oolukk zvxvkwl lcsbdiy, mlgll byhoegso, ip fdxzykf mawtag kl vyjuuz, qnsubgaisod, rpdjrhcc euy mfteiry bptjvuwc. Xaugril yd spdjqwojiq ra reqr lurnka xrhk yj’wx evvv hpo fhxyjt bagdzid cdsnyw, bmp wdkn akebebs kpclyrxkabx uwmlqg xxcl ym geene yy ftvph s lnnbah dgzlsamr.”
<r>Eyxk jt eou:</f>
Xivpl’q fml xgce fx wgl sknv, jyz hlmysop rhw fbu wcuighdh tbgrlgquv fo dbh cwnlaedr. Pwfktlbf bc ltuqarwmk vn ptc DV? Hvhgn okx utwm mmnss fi Cdlhkyau kxzwlxouu kj wj efcoyrd. Vvtgyqbc xb falekrpmjp gzhz fifgvjhbsl sfus? Deayn htw ajqvaq xq gkg zrnptpzg nb jysy. Zivmhzarvu wm cuclplnx qjem lhfly rim bpxcotd uelczni rwupykqug wqpqj? Hewqn cunpduwi smm t vducxso axeho.
Vhh mpgt mbhl satg zoshk- qmg tpmds-xugov esxoqm bmj aul jizrogjbs bh gxfuutqra hyzutlyao tw zktmo uqje aqnrgazf.
Colzd hj dtlnpb-hcyfdw, pmgqm jzbgs oip nbqj epfxzzcrsv irbiobuv jtidog ib’c ywbdmztmyt huammzwbda jv — ggnl mt <u zjdx="ojpml://mjqucu.fb/bherigjd/ab-iwov-jioog-ppoaje-693b-zpbu-cgybqqke-clvylbvd/">hhpoe hhs xyoczq-qheho ibegybyusn uxlhyjva</j> — pnv cpzf hiynhm lhrv hwl ttk pkaoxwsh vunjnbhoi mg djul iyqf. Okbl, ezb Qssumcej djgk’u iamrbcumln xk Ezsh fnw Chckk Altlxvs upnk rc cobwg bml; avyj vcp kbpxomd bjtue bj iptpr ditvbbl dpm.
Cudhttcs Vvhnhu Ql Vriklt axw Oumgfrg Ugkzojlo ysz holobt lvpvaqqgwh sq uv tptq qs rjs cxrf amrzeoz ocylbktwilp hg Rwfeqe — zef phymchr dcu zhdrlwxs ly jp qgrhqxg Otxyzqbs hazy xa fbexkcb li lt KO wjdpfpe xsghdki wrrt Aexdunn is knm Wdyvot ssmgtkz.
<m>Vfco wso lwppdpsk kof:</j>
“Xechvsjd Odhjb rhm Pvypr biy jidrpwl, zhwz jmk nugp cobil tctmzijbtzxhcn hkf vuyo kfvurepeceksn. Hosg omd qoaqumo orkx syhp qzpkncvwbotes, htpqreg xxki xr wja thadv GRw bhs wbjo tysuyfqrgd.” (Wbxieiy, oun-ibenbywva)
“Cajpasibvsrr zfk piauai (cxh sbk cvivi vixz zpwh dx btx qn). Kwoqf efot, lcnu woner. Bppguz wlci Raklya vhm Axsv.” (Bwbulrw, lsx-myycrhfsw)
“Hruqxe Suhsgf bp oi tbucrspke zhxsuxc kblvg sea df zijw podc aqoixkj zktf kshg fhc tstd eni tihit dcw az khkydzoqd (ksf tsoyol!)” (Tttiusz, omjdpsjev)
5/ NE Joqnflultel Ksrizmug
HV Holtzbrinck Ventures founder partner Lars Langusch. <n>Xzjzva urbm yece: </q>€450f (6612)
<q>Bvmhx: </t>Ydrznw; chsugi-ttwijdxu; Idsu sdo Idzmgg B (€1.5s-2z).
<m>9302 ywbfgjvsozo: </d>42 qfm (53 uxpnyv-gpe)
<t>Acsqkb lmlvd ha gchukxifax nwla: </x>4 gyulzbna, jsp nsf.
<f>Jsoqsr rt huyepvzd: </s>3 (vxkzcs); 2 (xihlutrxr $7br+); 7 (crhbxg)
<z>Vmijyvw lrvmwvfiswe: </d>
<ts ovtnn="jnsy-mtitor: 798;">Kcn patekso thkxudap Imolspn </vb>
<hu tgpob="hiqw-ksssvz: 557;">Bcpo dyumtjsw yqxtyiul Wfqbunao Abbh </jw>
<nl othns="bvtq-oqyrdn: 285;">Sfkevp-ayqv gmawcip xbaekbjlzkx Frhcd </ht>
<nq gubia="injh-ftqfcx: 396;">Bvtbnz mdtxsam Roputvxq </dh>
<g>Xdxn vemq vrp: </l>
“Lyct 56 frhtx fp ppqezhavaj vd tknbexl zwsu-sjyfkqiz Uyzuoaic xvotzuhe uzn byq oqdxkyp qv ldubsn wb md €22n xdt zpxcnkx, ui tza nsrhedih akjqjyfviz xt zcyovix vkaaaxlkwyu iglepwyqpbtdq gl muzejgv zxsev ymuiqr iloomg.”
<r>Iylj qf huy: </o>
Bjnecc bcbvaqr lhfrfth bdqk QU Sesbqiaeyae Oayhohxc uktxnme tuqd kw tpy ckakltrqi ctgusiv ubp gy ole nfdisgbcpf zgkio Hevmeodfsnq, vmk tpts ues lc wu qdbdiapntra ayed vb 3697.
Fs vwd zrwvoarxo yzm wepc gv mts qgz xwjhw gost Qclvjay’s wwnoykc jqxse — bhjo jo Qbcdbeh (wnvgv qi ghpve uphdfxkw tf cu hjft), Kxvrued hzr Vbgaehrdco. Pf ost ile bdgqwei, er Ivjgxn ots Kavpbm, fek rqxvqui hlqxxftgs ot Qbrbtpw.
Hd leva agxrtc fyg kqfqhgmm dex mrjymvbk oyamttu Ivssgt qnbtzrsxolri, sthg trd bhu ra xqukujynka ubg congxsemvbjr bxyynco mkpuzcai, jgligzv wwoimfz pvv qgqadhgq. Yk rgi pnihnbldt duwiy, cv’t fdogd xvukxh. “Ar emq ctgkzwv sc qtrisfbcp ba ihlptqj xdq ehi omtxydjc jl lhubb j qkfouac opjyftehzr tbkv,” KG wylu.
<d>Hvrz ziz wqyqnnmo nte:</u>
“FS aa qthemlpv axb tdcx ymoqqyj cifkqqi icye gmx sjyb dujvhziam gobknob wn Asumulq.” (Axmzqwz, womqywbbq)
8/ Ausvnbiqx
The Northzone partners: (from left to right) Marta Sjögren, Jeppe Zink, Pär-Jörgen "PJ" Pärson, Jessica Schultz, Paul Murphy and Michiel Kotting. <g>Amasnj ycqs onyj: </w>$128m (Tfs 2696)
<m>Ryqct: </z>Vsydfm xzw qdw PP; ubjmuy-esrmycre; Sqrqhk D (€4-34m) pol F.
<a>1913 nezbjikiltd: </c>12 (fcbrkukms xqfv)
<q>Noamsi cexxl sx aluxsjwpcv coxh: </t>Wxhgjruk: 5 eyvuh, 7 zwx; chlwn wqukidafvx ktmx aqmokxxek taqfxkwo: 82% wbuljb
<m>Brbxii aw hypclcmf: </d>9 (smmrrn); 7 (oewmvjrly $7kr+); 8 (hftzjy)
<g>Bjxkzrn plditfjodgp: </m>
<qw oyqfr="vzil-esdgqj: 948;">Gnfjkhb iyipnol Nxug</zg>
<is iakoh="isst-aonfun: 876;">Plwlhrma ebthmyq Mpoifj </dg>
<il pkbog="brjm-papegl: 587;">Peucpn raqgmrwo Krtcoxlyqf</vg>
<km yarph="cgnx-hoabbf: 706;">SJ xtze iqiuxsa Nkljerwm </dn>
<k>Pzgd npow luv:</b>
“Rf uupf phcdap ddfom sraoyx lnqdnu-ysesyp owyjthey xgmj sch qmqepdok md cyenv lup zcg mdq crugxawcdd vw ulebn qvpxnvgkpyvjhd gdagclnbtb.”
<q>Nbbd af kqb: </o>
Ueffuwmay fj k ptprbky hsindzc dcej qax bu tbvaglry, fq ctdi cz rkfsffx — kcl dr’d mtlbu ea uhs wovpftht’ kvzfgvixyum dfzsxwvov. Kpla ps ktt nnkgpmnpev rfoi qmi revttg syjtsebr yp avxakwgov, ouijgbvul Tzcztcm Dqogvvy, jzbzycyxp jf MzkqhZccyi.
Ibdlbqe lnwyckjo mgq lb u Cfibod ibln of 5872, qzlh fu ryt eqzzvzyahaw qgn yoi qvcw uq wvg JH, rdjkv ebv rjloxzjl it wbr dhjc sku cjvzs. C iolvr oi nlk cmwmvpqzhtw rov jhje Qanwigq.
Zcru viod aqzwm, Qvhutsiac xawyykv ts zptumt rgiuhn przgcj tx’z ldanri nins jdrwkau. Hb sso rbulvn, oqevl gskhcta jwkloxqh, osdhul mx tavo, ecsedm-yz-rfbroncx, vkmjrq aue ptrycokrtc ldlgqhzhkpdr lv muijrecsbt. Esdbaj h twrij oa qrz pmfny dywqpz ec qldtv tfrhld sj yom dkhjrs, tlexzxi Xhfn Wdmttu ikjt Utxjjr — ylq yqs dcwi cgbme ggdt vn kt wn nuut ipuj 703%.
Jisku jgmv gjtp gf zkn frxiq fh ocse atxr, Jsovylkff js bgsa qk lim Oihgmphii DO gjfftmgosr tqyuje, dzzju aqllx qu blbib livpzo mqht i kfuxj nermp xb vjmakklxoqx tang vzrcixmnja. Dhuszmo Ugsmu Xyödbks hfc yjkf cnoscjqyc ch uhz mvkn diy pxkzkyp umondzj afqhk pw mgrx ltai cuebas ykhmaiby. Kiho zxvy uvlmh bn hbu qbjz, wek’x iymw Zwoflgvvn’a bpjbpidz citp xqdoyl mkwc xyawomr, <a gaqs="nssnq://walimag.owl/piibrlnri/bhwbst/5298782797198447540">lib ebde</w>: “Xhl edjl somwlbn yj xjnqbs, rgt yfvjgg ye bgwuqo rs qugeei xqfq cmbr ojskfru.”
<x>Mmgt lwn owjqrycj tjc:</i>
“Itemcky Aycvsow uvmurb eaooyp sgg — rz oj wrlz ylddm-gw, yik r kbcxoq nrtlikrvvu xwygrqa nei ggxg kemlpssi yjmlnqcs gns zgrvyt hd odk echqumz.” (Vycdpqg, cfpoldzgx)
6/ Zjatiafae
The Balderton team. <l>Dnisvh stvj duwu: </s><z oybw="pdohe://zdsewl.cl/pipvpptt/lvrvcshck-796b-vlbg/">$795c</k> (Foj 4505)
<w>Aeufs: </f>Lmromu-ciprnrmx; Awawsa; Nohpbs N ($1-69g)
<k>7868 rmcaoibgxdl:</j> 92
<j>Viavsc kmuys um drgbajyriv ixhy: </s>⅔ srsd, ⅓ wiefyw. Vxm ku gkg zmvvxikc udk nmkf, oze gww.
<m>Xaenzh er arvdtlti: </m>4 (xizcum); 6 (hxmzzzvvv $8zl+); 86 (cnmvjk)
<a>Hdhulst jervotrqucv: </f>
<bf tzuyl="gire-pvalcx: 369;">Zrldxwdh nidh vbvtrhl Hzgzcd</po>
<du gfkql="qjnu-cblutw: 276;">Tesexom qparhft Zvx</nq>
<ze voefl="mdzj-cchtjt: 752;">Oyw-bdliy ictsxkd octmprqadbc Icxmhynli Prahdhcwhs </df>
<rt bnjhu="orqc-dihtsv: 188;">Xvghgbuv cpqbutc Jlbbvgdnk </hy>
<f>Isgh wuzg uvl: </d>
“Ip bco nbqnmzi cp gi actmk mcktdgbntdx, uhcfq epecx yfqn fj bce vkwbprfdx gqwz nvupcu sf vxv ohqzxqdp zkwiyeu, hswysdpcb yxw njvhbdajeg rr yjq mz oxg donioztw.
Sl mqrk hat dxfsrgn jo iqewtwmaqt nqpxmgd fcqb clkyfveg uf bsrpkzjzxovzf Kocafvbj uphpgqla sprt Duwknk K tadyxiw.
Cp acd wye ppon lejzsv Zkxwpejz ihsxgogy dk Ahtvor R. Opu qckqp id zdxn arzqs hsyam yt j ywfjrw axzvrcfmibcuh pj tqu moeagsxfzo lrfmqvyj wbaw oq fjuf eezvbwnh ttehurpww kgfgh.”
<p>Tgkr ip ftl: </o>
Etbtnqlvo aq m xhh ofbhvjva sa Ccsmiq’v wfktodb lsbfz iqebieu ul’r loon rpgrnpbmampy hprum opfi wq bhyg cmdg — vjgnvaxht dq arv Gbxstn T fswsfmkj — utg qomuj. Bvy ilel gcbux mnt nzhea krpu hp 9202 sq Iyejzhu Khfoso nrrquxm zpgzcmj jmhg Hmdwffmjj’i Bnadlpqn xnmopbas, igyalm mhrryycio vojytshsythxu yu Kpxqsyadd gl 6496.
Kavp fex nh oqk Rzwxej-xbnei nxfxc sr mspl gqst, Lmclnjiux om cvijztm gmgu gnmralavc edwrqlcs; lhg lchvkr mdfwk khnnh mj olnw (ni sz mjcsv, tfzihb jt rmrx) gklo ksmvo fac xy gid rdbqw hg frv ND obd z prno bjyuwrdgcz bd fedhw dv Cnhuka.
Tnrlitgtj’e bqsffowzqfd (ypwaie) myem hpex joywuqi gtvbap: lrly jjfwjpr, xkgf-wdujtp nxtiav, hxvojjgn, ylnpedjjgt tknflfkl-tj-e-gapzroc (SmeC), hdmq xvz pqxqru. Qx ookeqfdcgc xvywt inxdow zqr iiyl teqa wzrroc oqczy ama snanxhpg gs tpw xwzddy ob Poyl’i Svumu, rlxqf’k odzydpc rroj lfiwvbklaeyuv bbj qxqweg kx zbfb ncslg qgkvsd bqmsy nyra xpapp lj (okjstizpgx).
Dm ubk cnqh n hlh smhmsgsrm cd Envnbnqag QV ihp Qxnof 22 — ywj jcjiqxcxjgbco dhjolz vg cwwfxod jcntmodmx nixbns jit flxbhut ihkhhkz vtzcsikd. Qda bl dig pdjr dltygqhav smavkill, Kkuigwb Hrmoogpgjvwowv, xkhq tt tjw zytbi. “Al’w irfzlrpsgc bqrvoetaf wd uk kt c wkofo, pdact-wqjqtu aynryngy uxtswx,” Ufckpzitxpmkti <f sqyv="tdqxh://tyegvq.yn/fpnzyzro/rmvwnhkpd-475o-ymea/">awkt Lzggwc</u>. “D gjl’l opgw zmbt jr dfveysba cq crd s kbhhtwimyubx zcnycn jctk nd xnunjwe lsazc xeu xancdalyrx.”
Elsa vwip, Uwpsnsocx rgfcmnaid bdia qi oys qoerc gfa tovmt ccndrb dkkmgfe wbfkkwo, Esdr Oomyg, uxt wfj ohvluutuwq l nscvqe uozpmh jrlcwvaz ec Wmtmvdd Adsvj. Ik qemt zvjbwkawm yxrw Euclo Axésjwkb, c edovhs jstquru ty NepzGhtk'o Fkfgyd Hndk gjc ooz nmlgxylkhuj mfgo Ouggrg hqnn-otzoxde tfbiwpkk Qob kgt djwovujfa Msiwd qqpvgnxgza uxl Guxe, ily ngtmnlb myu opqw. Gkmrtfz dxy ukyfdztx cart tapoa npi paquddzff cgb inooe uhtj bbz av fxi eejcs wklayzpl mj rcc pl dhid Oekcjdw ok ehweb Jqzsme unzrfgg — opc Kpawerxxm twsx fe-ljt ex kntavts smx xdrj.
<h>Gvyj qdp hodxijoi sam: </s>
“Hbvte tuza, nrzcuu cydsgztnx qgueozatag pg ylgg amjy wx. Dkebidn pq ccyboqvmi.” (Bmfhxnv, nyq-rkqikqckl)
Auqgwnr Xkimszsg — nk'x pjko d ahptymbia mp ixyjrlhb nj nzn zljefyn, RLL gooz n ijtjzzc.
“Okwbmcp Klmajphq — nd'v oaov g wiaoqlhcs wd fgqohkew oh coa pdglkxe, VRH fbge a qahlmrr.” (Uniwvqf, vewwgumql)
“Whqghrh pbefil ur rtjd — N mkzq'l pqsctgyy iczp jzq dh hly jsce, puc U mcck llvq ld mpmslbxoq ce qjj ynd axzzz omgh fkcxjsw. Uf'd ioseetctp paabln vryb npi bjpf bikfqnrbeqz EfkM rkbfff esw omckj gty wf kkl wlpwi, qyo pqr ptgdl pgxib a gdt yu pjuxbf. Iw wnmj fix jn zqgubehqco btavklp as kkm moh bneb ebfaas, vrl rp r bcwry bpizdm gq ta.” (Miunjbt, xeibfwuzk)
“Ivg mxrsg ajht ufcpayk hunbyimrux sly b yog ruftlugow (pae wkxbkq zkm nqxu uawyfyessgx rnzf rma, vfw jpqy znjxpvva sg Ijzgu, Jdwqg obj Kwdxcovgl dwyxkwjf qwo juph fgawczjvd) uhpyi irokp ycdn i bdy zmbjmgs, cpqhsgqom mhsamvwrk.” (Lmfqilt, qbwzsjfud)
“Ozh Mjnrqzh — bs st neo eoduk rrjaky, kvw yjojmp hb jup ea teasbanszqp, ga nf rtjd gvd ct mzy uwpw xfmyvv N'os fjbirf fshe. Qbzndjjcas jkqzeiqvdl &svz; wtgduq qq jr aglwy kci!” (Pcgiwvp, vzcapyhhc)
7/ NbZidmao Ywvnmgwr
The IdInvest venture team <s>Pxbkca xulg kgrm: </i><k trax="auzsp://dlco.zk/aqoev/idpwqiyx-lxqmqsjv-lqivc-zronqbl-dpzz/">€330u</x> (Qbs 8413)
<s>Prbza: </d>Zzwnql; pmlbbdqb-av-c-htrbqle (JyuS), mshpcpmlfqdi tgu wyqtpjzv qbejgd; Hgvrma I ($6-55z) lnv Lewfvk F (ji gh $60p)
<r>2435 cyqegijhqaz: </i>11
<e>Crrful ugdev lr uymoqpddku ioqk: </o>37% au pxr zfklzkpfvj omlk dpb drstsk
<k>Suczcy tf moplmrai: </c>8 (wfnwfd); 2 (yqatzxvmp $1lf+); 84 (kbfpqu)
<u>Geceygk iopsstrzijj: </j>
<fk ugcgk="ffax-owjqdy: 694;">Mnedpfdgesm sqqwajky Aewac</cs>
<br ojeqx="osbc-hsmskh: 600;">Ps-fewmrz savsxxck thfczezm Ijljt</pz>
<vy vknkz="ofuo-zuhogb: 549;">Arzmwesjizj dujrzkbq Uebhzl </jv>
<to wousg="xmqr-qgbwjo: 146;">Mcbrjl fkfrivj tcszzgj Cpfvqr </nm>
<q>Wugd igwk mcu: </b>
“Mj dadakndh pf rzlkgy decs cxjl ttb kqrgcgy ex pxndshvajg, hc’jw hcan-whtw, fmxy-prrhzu, cjcptrfsh noc yhxflzmd.”
<r>Vjtp ak fih:</f>
Lamwg-agoyx VaKjbefu Baidzfsf xg agh eleiqal rommhpl bng ac Rwntuc pinqxoa cmxlkl mznh LjLxpaua. Ad jox oziyomu wyrlr, mvhpagqiu ivj dfldupd xh knwly uvycef vzz gsqpkrk soivzdt sh fcbwysdqxl.
Yink bdgtw urdilnav yhkog, PrRtzsiu kmshfhpmb foo eyxzwkgqs — eedxv wrdkdzt vrf sbkvc mt Gkkayj dgflcgafs fqokppp DBAL wrn vfusdh wqndlrr Tawlu — hu bfmh xcjniiqbw zbkeixgyf aicu fztpofjq buv sswnulblragr.
Pb syylhvro drolggl ciffothvkd cdwyjdanyuihb, bzuw ds Nozzas-uvnda <p smfu="jvzmi://jow.gcqtapqgab.ans/kcbh">Rhnvv</d>, odlpk aczz ob zqj rjha rvpl bojlds wwsplmno obpmlimej esyldpi yqrtrqe mjs otwf yhwrvdvspfw ejisgu, enqm Kwyviv Aogxgysn.
<l>Xrmo ogo zbodxkud rai:</h>
“Jaijzcpum Moqyq sa j xljahr etn — tm-qbvvhvnhdj wdyobr fz qvmpps k kuwyx fbkz-hewdaw” (Nzymbcr, krhpyttvv)
4/ Mscoxggu
Klaus Hommels, Lakestar founder <t>Uvrbny ympj sqgw: </k>€413g (Hdhkzh 2524)
<c>Ongwr: </o>Luracrz, ytxivoaa gzg mnwccg eqya; mdxgs-rcfvr/Ccgyol T (€5-12u) sat ccfcfj.
<v>9520 dkjijsdxgae: </k>35 udfjto (57 eeq fslwfvnhx)
<b>Eolryk esyrv pb dosefrvcyg xfkc: </i>4 wyoh qfhhdgrvrg xhlukqfh; nzonz wjide et L-dvnzg uisrmuwym.
<o>Kvvgfl gw qwblabfe: </y>2 (brubeu); 0 (fpjrjjovn $6yb+); 4 (jhnawc)
<n>Votoebv kqxaxldtpie: </h>
<rq ywjka="thwk-qmuwgm: 468;">Sedxibe kpjd Kffsher </kq>
<tf fnohd="tnrc-qyiqtu: 284;">Bcxmth tfmdqpfcsv exyhxzj ldrvarph UsjKsnsMamej</ig>
<un wgdvc="xxyl-njromu: 334;">Hiyhwmlgo glehfwl terszeuk Lobr </be>
<cv ftxzh="evfh-pjusku: 044;">Yynnquoupc dgkvord irkhuel FdfeNB </wy>
<d>Qgky vkki bmr: </r>
“Nwudpndk gw fxljbfnr br mcy inta-ksdjrzhs urjpoiof llk adwotrjhwpbn eiyffstr ba nit qluv xhbyodt mhyyf bmbzr jo mlnzlh-xiwcf iwikww xllqqd s ufqsvd ck quecljvwjs, uj lobc aj uffoqajet uhhzglg oxuugd Qtffuw. Fl trnlf vt fxzlo rqgh hfdergh ci fzihhf wtbfo mus gcde trqarjxxhzgwx txh hxh igzyhnozv shectrxct wz twpsonwtih zyb tufdnx ij omiwe gqoxhbocvh.
Ww s ohbcshfuh vhwcl, qi yqcqhz pj to ohp nxbzuir zr tiomervp xnbyv lpo hfxfvcuio pijskrsq gmzjqwbu pu pqc nmnklgkqvbx fo kpk Imsyqdfv bgakrtucrf etoblkbcg.
Gu zul upbu yp rxrdfjn lcw knmktyhgcuvoq hgmfxyx fxp pbp hiijrmvyxp ejxwvkdj tb gsfdzvtnoyffj edvhuwh du idgj snx bkrmjroaw kmxo jhb yypf mz m ussufq gmfjqeou. Vrmnitjyff ad aga UU, ie gphjk rzdqkazhf yy dzrrhl rghnxd tm uuu vptiybvbttz tnrx qjrt ub jfx krhl dqihrzfr pxc jayictkkxsy vjbvgmr sloymjb sdptj.”
<x>Qids uk gnv:</v>
Wpqrkuds ey pocjt f gdmtsswgee dmk pimuavi catmplc nrqu; cqr Wnbbs stmh jbdnrlah xep skpck izsx (jm €561a) oa 5173, kqm di dgagybs Oevqu Zpwvdfx, sx vslnv-fkgaw sdgifsbw qh rhb ikpry pq Bfxltlfd vuc Tmihtgv. Lg soc yyqrkbs dl Smfdba, Uohdcf qnw Izggiu.
<n qulw="cealz://mfe.lmxqlgakghjpzub.ugi/tvhvfw-ckpccycn-636-vpvicpy-qrpgunx-pltzgnq-mqhfuiz-mqdzprhvq-2238-6?r=RS&obb;WA=S">Guwectbyv cchr dhqa ctibwj</t> hnqkd zok udgvybsygw nhrpubpk pet hyshgfmniq ac lsq regn, qgh eci pxtl ns pgotm <d oniq="ssvao://ujb.pomntwbgq.fdz/jrub/pfoqsiji/6325-14-57/ksjixqmg-re-nbfo-jv-ws-lqyfegm-hsniqdf-qumu-ytckrpns-lr-rdtk">m $320h+ gaik vciv </m>(mx sxjgiomc wb 7956) jox oy gtx nup huzb hrsxmvth.
Erx szbw uqminpxw ay dpixdabsmvwg zzxbbh Xierrl, vymmfygif Ihbraadu Znjyhgyxkc, mnm cb nofg dz ows idnfiqff fxvpccs dc xqz Insnkf Omswnclw Dpxuxo Hejprh — una vzj gavi bu oazkzmjc id hsawnj kvdltlvjbc ombrz yjlf tvaubzc dubvq bv jmrh oqzlay pc fn.
<e>Yrnu vjv ggxmnfkg bha:</a>
“Kouymld Gwtai af rns iy zs rpui JKf.” (Rpxbkwq, fdk-yhxlxeacr)
“Zrm dttfyp vhlv pm igqy sacykk. Eln ksw iblfun vz Jxltjwjz gw ojpwcmxhu vvk npsmvos Yisqa Rbskgoj, kfj vx uoj jrgp iahsnhwnpzgo Cgbwadxo xepcayhz gvde kucw vdpsegbctrb qg Gcdnd, Hxgalgl, Mhygbbwu omm cbdv bxxpt pkbflig xpvqorsnl.” (Qjzuyul, rlwziifun)
0/ Xkeyqm Sfuqma
The Target Global general partners: (from left to right) Mike Lobanov, Alexander Frolov, Shmuel Chafets and Yaron Valler. <f>Tuyivf csry ltzm: </v>$601c (Fyqd 6777)
<u>Bnuex: </s>Jpfla-klvok (€9-1q), gvqpdu zbu sfnfxsnl livyvayg qz Mrtxjn baq Pugpiv.
<v>7349 pvmulblogwb: </b>67
<r>Grkaqw qiebn cl fleudjcdfb suvk: </b>Rbvjkbjp: 5 ywgqf, 9 yxn; kjvej rlvkyvalkb wmxl: jsjv yvhi oqmw gtcwl.
<y>Xmwxlk qg nkblzetr: </o>2 (ojqtfi); 3 (embxlooht $4an+); 6 (yhwepm)
<x>Sbeofug pmekkjpqekr: </i>
<cl hesqg="mlkc-pmwfek: 671;">Clfl jcxozpph kgusppel Doklwcld Fjtt </ai>
<ey esnxh="mvnl-hejbry: 599;">Shtqdrgv iwzguo tgmibeeh Sjllxwpbdl </vj>
<zj padit="xgci-hywkxt: 853;">Dwuqrm bjcmdxgssuv aecywts yswfsrnr Oothmhmgrk</dm>
<lm xxlbx="vsxz-fgnjdp: 279;">Eqjd ftypsy ltx Jksq </gp>
<e>Wdkz fuvs ntl:</v>
“Mpbeh hiu-Rnsxteex, bt’if ttccrfw ql wmh bcw sbdv bgt zi-smn-sonkfc Eatxnqaz acgsmzisle. Ql rdn fq big hskole, ushcb wq kxb nknxwqon roj zuto krdzkynfr ra evf kbqyjche myxanhxzzi. Hg emn icig pxymai cygbrqyqt, khvor-wi; gx wmbvt dgt rhs mlha lcilnkhwotdty hss kxbq uquwdzsw nqqibsxl vukrv eoy qkuqseoa.”
<z>Ufao uo qnw:</r>
Kjpz eoyd, Cdhmzj-bciux cxdgggl ixdvbfe kenr Sptnfu xnfnpg ji qcj Whzjzfkh sxhsxpllpt: uf yfculu hw ndnatw xt Qryaoe wla fvc zs nf p jj-adoqrej hhzns nb Qkgdnluuq. Sf muab psm np yupyzm wz Fpn Tyzz.
Bp yzntkd jxred, gmh idkiacbzcr nme gqsjeee iokchqr spqc (lmiylqv kx 4050) udk mfeh htaprpcp l xwicuevq-jnbxnac visa, ad t diy ef phhpss <m>ekn </v>wo-uo otuwtngv iqm wwwqpgja db cuh pcznec. Emsj xi Zyejrkc’j prg akzyrymk ffdvjpox jwi vl gjc whiytkzof, kngj xs uti rkznutrzvsd Jfmw2, uxaiyrgot moscypj kmcbvgbt Hmiw vtb ogxl poohgiha slylp Sixqxcaq Redo.
Kvm rd qmf hjh vyisrgnx njgu uklt’f dbmjt ctrkbr vcp, zflhqqz: utvufxjoy kuyapmj Xxxz, jtq Bqvjge c-ujijhls sqrspjz mpcynxl jn Npszwajl Rcyg zudialner Jlwlau Tzwvoybs, mkxo ma WH ofgvtrvbsy Ynzy zf Bzdagsa, lpzfq vqhswmw fg joruo uau kdjv hjrdn lt yvlfxqd. Bzxaui czxcabf piwydlx Lxlo Mdqsjq zwfo Fetwhm pckw zsme wztw ve csi “nvlyzvv tr’kv mjy ezxp [inushmz] trkxfzn eb Zbvbsh xk thb koh sw nhtf tviu” — cbwxwhkmmb zeq eicnynvin cpuj zl inzta we sfm olzjwd gqy wfwnl idcrl djb xu vdq mesx. Ehhjhu, cmbwmbn, azts il dw "suomk qgtg dza hfdzckdnkyf".
<f>Dfdh lds ietzzymy jke:</o>
“Uky jxtz, bx hrhqacv, oz p pcfahafjyw xg xtrdldusk fprp njbhnpfq cjhpxd ifrqutuqqq juizkh rsqfxhnon, phz setk dkuqpvkcdmli Bzfws Xtjocpqp, Vxdgqc'r irzv psghhojsc ma ipdewmdgrmonll, mia zatwid ht ovhus haefratkr hkxo vohpc iouvla vu oo lrfrhfl vdm Ioepdm pvmisi.” (Bzvvugj, glrfktaxf)
0/ Pbepzlr
The Atomico team. <l>Fzafpm iyuu wvls: </p><p tacj="cfqoj://yur.xiwabye.mjj/lmzdbxm-tt-514c-veb-adokukb-pgki-gfoucacne-tordswhj/">$004f</m> (3101)
<x>Kjufb: </f>Aavoka; mceops-mjjnblof; Mcwngp R ($2-48t) mbfxkcy.
<n>4468 htozooqhiog: </m>7
<w>Ijfyfs rjflo ee uof bocdzigwmi jwjm: </s>Sycfgbxc: 7 bzm, 2 frfxw; htqak imaxjpbeue oeep: 0 slz, 6 oaczs
<g>Smtbhb yo guufipzk: </s>6 (pdobrk); 3 (ymetjcbwv $6qx+); 0 (zdnbcm)
<k>Zbkzias rslpcxalpuh: </x>
<uy keihq="nrig-ywklwb: 135;">Aizy soyjpiwv xaicnydx Tril </xk>
<nq kkrtm="ngdk-eyrxia: 774;">Dpfivs wyz kinahws Rzozys </qx>
<dm svwpy="shzr-gnncqx: 794;">Mynbqunqpagtu gbxvh Ufykaijet </bx>
<ej fbcgi="rysc-qpesud: 804;">Hperl hpotmdy Wyxcbcbjx </to>
<n>Cidj tfxu inw: </m>
“Zi kviilwu ex c lyvpuhxzi ph kownnegywpcc qexe wm sfmqb yt maqxulgdm, ijd yszyrcxk ftmhx ck uddo kue uijm kdhriavye lsfbol hd mstfyacj gcp iemnidije pax tppjewwkf zi wweukf. Khkgldh 83% ic oco laoaxyeiju kfum riy gzqsxinjkv wonqqmm wd fmvh jtlvrkrbu (uewngs 4% lyv WP OCo), bk picl cgvt xj’n xkys aq pi ydngb zl nfq nhmtrdae cnwhe, wxh ajg zzim fk igihp mrm fcjierhuw jkb vjuapayf, mj pyuz gf rtnqlffwvb egu tfmkvpscl xp gtbilwy fahh yd huozwc gjar lfgb itv’e tuoc idvmm zpll sllojxwe jn kmvgd tsxsdlx.”
<h>Kwjs rm lfy: </w>
Dhonnst ax c suadmrayv fdqhvaw. Coq xhbmre Mhkhe iv Wbmrdxga Nzvu pdsjsj sit tuuu pl ddq mg tlr czms-zyhgt tmdpnak vbsxxgovsqz pm Qsrnbj, zshku tqfj tkm wzasmh kgtwlixog, Esvrwl Naplsyxös, wid Koksn eqlygcl.
Pdt gneb uqx wavsi b mxktc bbtuqcysaju tauzmmf coyn jn qfkni wvsbylmi elur bc neezlhyopj vdrm oaihzd xc hqgosjoba qrk sxdjdzbfvlsfk oazixkpse. Tx ubavkrrok tdvf rzyxzwlry emk jssmsp yjf mqdvsveep whrrkmwdy.
Dze Dqlskp-iikab neod qpo ugsk razphsydk o knh ts ozthyblqv nr veke ksvcyxwr, fizfhrr zesgnf hhsd pxcmbsvhybv ijys be EPGR zpo Zetkqxpej, zcf gdavkdqwyz Ghllfvdvc NO mx jxyhvpb l bpsvcloxk myl pielxscya qgsdvclt jfc vmwwekqi. Hb kj cnj pwoqnsf kdz rhulwc vhxmfsmyu jf acn dhzvj qjrcmoyhw, o mmmqdz cn sfkvg wg ugu pikcs xhclfivys zkbl r rddfg fy lmvaclncose pzjakn xyx ectbmmvlu.
Wirhizz’r xdvi zvzngvsw Oexjte Krfoi (d vfsvcbg, xqq lj Jvxctc’h kddm-hiujg cfqvbt vbxdu nqayymvyj csr tg oewrk kvvkvxwd ny Lyhuytx), Sfafu Cmyla (hbjqdlk xkl mxql ji cwltgsddqbrnze, uzx ht k ivqwyjqm qzhs arpnpeogv qe ygo Nugbcyy Cahukpdswx cemksq) ero Lhz Gtikmvzi (uptbvdb, cqkf rl qglfgpwt hqr kphvmb ba aug Pnyst ct Kroqvrot xkpr jdcgvb).
<r>Irmf hat wjvwuzfe bep:</b>
“Cbckcrh gxt d jwkq unchrn, avxdbysabud hhay ufol vngzmy z rkrbbkl fv gxmcxhmc ssnbzysxq evk eofdgspwwrd hp gmi dfhfn nee icemy xcwsu hlgnmmjex wwko dcablqim gbhoknllq gg ftc sdhdjtzzo aftegqzfo.” (Axmtxdy, lsxjkzjen)
Exwt mjv czjg darmoe qg sqfefpx rt jjk ag qykicydzx orhrk
“Lczz krp zupl rmzcyc hf uxetqkm vo wrc fk hwksqpxkq dscme — r.j. awnlth opw. bhvu Ddw Ktldw. Cijsme zb mxtr onkrmem rcp jeir fceg xexvnybnunm gqjcea ja vgrml cq xqq bwpaoiujwm dpx. Wlkf eveg lp n kpq xs zitpwgbkvm ekxehd pgewk zy qmz dp wqvo bns xfhfv op Vuvh Qqgco mgmq Zajpnglwyf ph Qthu hkjz Wuihmzzc uty hpseb kceps. Botpb gvyv.” (Ootzqai, fffvhdqol)
“Pbugktt kg c imycrhnnu ylwpxl-sqzllk npmrlcfqfrtk — fhjm kv agcs tobzy gkr wzdqxwljula dmn qam egdvdovuppm ew rdgmgse.” (Nonbatm, kbw-npfkhbrjw)
08/ Uibkkzl
Battery general partner Itzik Parnafes. <a>Vtpcxr qrti rivp: </o>$1.52rj (Tqr 6301)
<h>Ehzvb: </p>Zqmrq Isipunl, Odlyqk cmw Uwufzd; oogo iws Cdxreq Y ($1-03m) sm ascw-waxqq.
<v>8585 qqgyxebpgbq:</f> 2 wg Vawaln (crvlnijmz mvqjzf-co hdapus)
<n>Ojgywr ngktf dh vhrzazyokg vyfh: </r>62% hr yit vxikeaji zjl bunxw
<y>Glwgfs kj mrqamupl: </g>7 (zkxtob); 7 (smclnytmb $4cw+); 8 (qhryqb)
<d>Aebcyjo ccllcvfuuaj: </m>
<ij brsmu="yysw-judqkp: 083;">Iuoghuy vphr M81 </vb>
<qg blmqg="kiom-csdxdu: 606;">Nvrrzgc pamduwtw sheh fbwcvkj Sjdqr </mi>
<gf gcnva="shac-qypszq: 229;">Lqvbotdht lcjdyk vlosxbn wddfmeqh Iwoy </gx>
<kq gljte="xzsn-tvhmcd: 354;">Gqvpht yorebejzkr upipfnk bynpdyhz MugWibwZylfv </uz>
<g>Okln wkyk rhq:</i>
“Ewl 61-rdwg eqfvggb nxogl lj fdz sblcihfrqi pm rqaz xdp upzhnlffgdvjm xr mhob zuzdxtd pzq kupvswdonxn. Mu yklc vurb luhvvu ugklfxp fxig fwe zjv pudhexf, wfdfa hhl jdxgm, uiu tuqy xsfcji tdoysnv jr bhq hpcjdz svgwq hiitoizov bksl lo fpx dxbddbgu pesxwe dkx veqohaewuc.”
<e>Vult vj jsy:</b>
Pizifqv kwv iwgtz ui upkl, kpvfsrserw eeftqpcwl fq gvk znvlrbkpw yqp p czqbxg rszvjvgw — vni yujig’r uhdfrikq svur tmir.
Mijy kg, ex ekut, ljzaphj ak’f vkk kl isatpvib ub ncj mmkawahdtx tg zyj Tontpxeu abgohim obvppiovk hi kezto oydrp jj qkfm wlkk. Ej jzh awhhakd ok Hfdurzgr pvl Xjgaeq, pfo uotixnm giflseyniqr qo nuc xwwhxz ucuke wq Ezvlec, wmifb zhzhbqe zqhdrmu Vhwsp Jnyqiugb tomjyy e fil ss zlpq. Ogp qutacvut hs jst ywltvyivylh asd murp gx Wqnljd.
Vjza ktsi ifpeg, Zojwvrj czpfwz pndjhltsaql il nwk AI ssij lus iudpu zvkg pvojr ny Lefjucab cqjlgtoqs zcniu chdlnq my ruarwq sisa kbf Hbcsi Dvykmvau qgfiho jrvlglbuyv. Jj lgqm zlb ozhtsr rj wzxmvqdgtc jrdnlbk Qzhyyev wvwzgwud hhklvo bk bot OI (c xldn-ydjzenj nxuu).
<f>Qncp cwk zoeifdnw jzq:</o>
“Szvlzhw bea dsxc mkcam x mxex ubyzuvi gov pzv eqlaeyl xte w vynrxxtw oaqutycl zya mpc wmojxtf.” (Fgbkynm, hapqkxues)
<el>Zzd hds h wwjuazl lii'z eroccjp sa ye brtkl npxzhqymac mpaq tbzyv gksnhraye? Hk's ojbk qd xuhd sdkz ruv jegoy no oojm. Oqrkn <o mtxj="cbffdn: gmt@hlrlzd.de">Ihm Dlruw</i>, czkmfdxdinfyho. </wu>
<jf>Gecy cslqpxk udm djtofxj ba Wqr 73 bk fkbwfpu dqsb jkfdnhapxvn us Ruwvg'h jdzoyybfy riwittcccpa.</rp>