
In 1998, Mathias Schilling and Thomas Gieselmann left Germany for California, searching for venture capital.
"We came out to California to scratch an itch, a personal itch," Gieselmann tells me more than 25 years later. "We wanted to learn about this venture capital thing, which apparently involved providing capital to young people who didn’t have assets or co-signers. You just give them money for some share of a company!"