Pythia forecasts the next trend in consumer products

The Enabler

This is a video interview from our podcast Tech Startups Germany. All the recordings on this channel are made possible by Invest in Hessen (learn more here https://www.invest-in-hessen.com/home).

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We come to love the work ethics here. Frankfurt is a work minded city.

Peter Hart during his Startuprad.io interview

 The Founder

In this interview for Invest-in-hessen.com we are talking to Peter Hart (https://www.linkedin.com/in/peter-hart-94373435/), a serial entrepreneur, based in Frankfurt. Despite being just 28 years old, Peter already launched 12 ventures. He started out back in 2015 with his consumer product brand Dr. Severin (https://drseverin.com/). During his first venture launch, Joe interviewed Peter in German back in 2015. We talk to him about his newest venture Pythia AI (https://www.pythia-ai.com/)

 

I don’t divide between business books and private books. If you grow personally, you grow as a leader.

Peter Hart during his Startuprad.io interview

 The Story

We talk to him to learn more about his 12th venture, called Pythia AI (https://www.pythia-ai.de/). Pythia was started when Peter followed his data-driven approach to launch new consumer products and he got approached by Rossmann (https://en.wikipedia.org/wiki/Rossmann_(company)), Germany’s 2nd largest chain of drug stores. The drug store chain invested in the startup (https://www.crunchbase.com/organization/pythia#section-funding-rounds) to help them with forecasting trends for product development.

In case you are wondering: The venture is named after the priest, founding and serving the Oracle of Delphi in Greek mythology (https://en.wikipedia.org/wiki/Pythia).

Peter looks a bit tired in the interview, since he just returned from opening an office in Sunny Vale, in the Silicon Valley.

 

We are very happy with the talent pool here (in Frankfurt), especially the engineers.

Peter Hart during his Startuprad.io interview

 The Silicon Valley Journey

During his time in Silicon Valley, Peter wanted to reach out to venture capital investors. He went along the two main streets where they are headquartered and knocked on their doors. Surprisingly this was very successful, and it appears no one has done this before.

Series A Venture Capital Round

Despite knocking on many doors in Silicon Valley, Pythia is not done with their fundraising and they are looking for additional investors for their Series A fundraising.

 

I think philosophy goes really well with business. You formulate a more concrete business philosophy.

Peter Hart during his Startuprad.io interview

Find the video interview here:

https://www.startuprad.io/blog/pythia-forecasts-the-next-trend-in-consumer-products/

Peter’s Top Book Picks

Principles by Ray Dalio https://amzn.to/38ZgmB7

The man who solved the market https://amzn.to/2SZ6Jgw

What You Do Is Who You Are: How to Create Your Business Culture https://amzn.to/2SYi00x

The little prince https://amzn.to/3c6hWDm

Friedrich Nietzsche’s Books:

Ecce Homo: How One Becomes What One is https://amzn.to/2HSuAYDThus Spoke Zarathustra: A Book for All and None https://amzn.to/37W2qGL

Herman Hesse’s Books

https://amzn.to/2PpJzO3Steppenwolf https://amzn.to/32pSPqI

Before the Top Book List, we talked about “The hard thing about hard things” https://amzn.to/32symSb

 

Wikipedia links for further reading

Herman Hesse https://en.wikipedia.org/wiki/Hermann_Hesse

Friedrich Nietzsche https://en.wikipedia.org/wiki/Friedrich_Nietzsche

Arthur Schopenhauer https://en.wikipedia.org/wiki/Arthur_Schopenhauer

And maybe you want to have a look at the often quoted VC Ben Horowitz https://en.wikipedia.org/wiki/Ben_Horowitz