How a Porn Movie Spawned German Crowd-Funding Start-Up

It all started with porn.

Dennis Bemmann, after co-founding German social network StudiVZ and selling it for undisclosed millions, was already enjoying early retirement when he heard how a porn movie had been financed: crowd funding. Mr. Bemmann and his business partner, Guido Sandler, decided to use the concept to finance businesses and founded Bergfuerst AG.

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