ZDNet: Why building a startup in Romania made more sense to CyberGhost CEO

Robert Knapp, CyberGhost CEO, recently met with ZDNet correspondent Andra Fiscutean to discuss why he decided to found his privacy company in Romania. Here are some excerpts from the article we thought you might consider interesting:

 

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With €100,000 ($114,000) borrowed from investors and the dream of building a VPN company, CyberGhost, he packed his suitcase, left Germany and moved to Bucharest in 2011. Six years went by, and he still believes Romania is the only place where he could have made it happen.

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“We would not have been successful elsewhere,” he says. “We would have closed it down in Germany after a year and a half, and in Silicon Valley after a few months.”

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Knapp, who often wears a pirate flag T-shirt and a black beanie hat when making public appearances, is now among the top entrepreneurs in eastern Europe. A few months ago, he sold CyberGhost VPN to Israeli company Crossrider for €9.2m ($10.5m).

He’s kept the CEO role and hopes to develop his startup further to one day make it the number one player in the privacy-as-a-service field.
Have you wondered why #CyberGhost #CEO Robert Knapp chose Romania for his business? Discover more in this… Click to Tweet

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Knapp did the math. His €100,000 would run out in Silicon Valley or London in a few months, yet in Romania, he could make his dream happen. “If you want to run an internet startup, you can basically do it from any location,” Knapp says.

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Because the local market alone is too small for a startup to succeed, Romanian technologists have to think globally from the outset, and this need helps them create products and services that could take off worldwide.

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To read the whole article, click here.

About the author

Corina Dobre
Corina Dobre

A professional wordsmith, Corina has improved her writing skills through extensive experiences in journalism, advertising and marketing. Curious by nature, she enjoys learning foreign languages and discovering everything, as well as everyone around her.

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