After my studies I worked with a systems house for nearly 13 years in software development. The company I would place somehow in the category “Early New Economy”, inspired by 68s ideas, this company operated with a principle that made you either a shareholder after 2 years or you had to leave (this company was founded in 1968 and was known as a the “programming commune”). I became a shareholder and stayed.
The company had good ideas and got (in the 1980s) some 5 million German Marks in Corporate Venture Capital to develop a parallel computer. Along with this investment shareholders had to declare to stay with the company at least for 5 years. Some left, but I stayed.
In additon to the venture capital developments were also financed via national and European projects. I became a member of a European project in the early phase of European funding programmes and then became responsible for those projects, probably because of my command of the English language. As these projects only got a funding of 50%, you had to write of the other 50 as own investment. In the long term this was not bound to work, especially the “alternative company” had huge difficulties with the necessary marketing. It soon became clear that it could not go on forever with this type of projects. I stayed but started to look for alternatives.
Not being bound as a shareholder any longer I found a French consulting company specialised in supporting this kind of European projects. We agreed on a coopertaion, not as an employee however, but as a freelance to start with and then founding a G,bH (Ltd) in Germany. My “old” company went into bankruptcy two years after my leaving. At least I stayed a shareholder (in my new company).
Unfortunately I only decided after 10 long years that I was not really adapted to selling my skills, especially as services in German research and development only reluctantly were being paid. And also I am not a good salesman, I am particularly good in understanding the concerns of potential buyers. My colleagues (based in Paris) got me some projects, so that I got along fairly well for 10 years. But I got tired to chase for new customers. So it came as an opportunity that a colleague of mine from my first company introduced me to a professor of the Hamburg Univerity of Technology (TUHH). After having performed well on a couple of projects he asked me to represent him with a new project. I still was a shareholder.
During a first meeting for this project, shortly before Christmas 1999 if I recall correctly, another institute of TUHH was represented by an English woman, who is my boss in the meantime. And a company from the booming “new economy” was also represented as a potential partner in that meeting. This company even sustained an “Institute for Media Development”, which was developing new techniques with the help of European research projects. I was more or less tired with my kind of autonomy and directly apporached this company for a job. I got it and then was a not a shareholder any longer.
When I started my new job on 1 July 2000, the person employing me was no longer with the company under dubious circumstances. The company however was booming and shortly after my starting had its peak with some 1200 employees world wide. This felt like a secure job even if the company produced heavy losses, but then they were not bothering about profits but about increasing the “Shareholder Value”. I got into the job quite well, even had share options a year later. I was not a shareholder any longer but a potential holder of anonymous shares.
I took a Berlin flat in Lichtenberg, more or less within walking distance to my company. Via the Internet I got acquainted with Hanna and had a kind of wild time with her, going close and distant within short times until I decided to stay with her. Prices of my company’s shares however started to fall, after the stock exchange’s high of an 180 DM approximately I got my options for 79 and the company distributed T-shirts imprinted with 10/10/100: 10% profit, 10% growth in turnover, 100 DM share prices (the company still is existing with price of shares of 1,36 €). The bubble was bound to burst and suddenly I was the last in my department. During the second wave of staff reductions I also got my notice. The amateurish management continued and with no representatives with deciding power I got a good compensation from the labour court. But now I was not a shareholder, I was redundant.
Then I remembered the English woman connected to another professor. She remembered me well and first gave me a freelance contract, and then an employee’s contract. This was in 2002, I have limited contracts since then, contracts which keep me from moving to Hamburg apart from Hanna of course. Well now I live in Berlin with a secondary flat in Hamburg, and I am commuting. Now I am just an employee.