Tuesday, July 8, 2014

FRESH Euros 58 Million (USD 79 Million) for Linio ?

Just read "Amazon-Klon 58 Millionen Euro für Rockets Linio"
http://www.gruenderszene.de/allgemein/rocket-internet-linio-58-millionen-access-northgate
and
"Samwer-Inkubator Bringt ein Rocket-IPO wirklich mehr Geld für den Inkubator? "
http://www.gruenderszene.de/allgemein/rocket-samwer-ausschuettung-interview-dagens-industri

I suspect no one of those companies are designed to be profitable ever. They have big losses because they sell below cost to gain traction. All cloned companies seem like bubbles. 
  Big investments, big losses
http://venturevillage.eu/rocket-internet-wants-to-take-down-ikea
http://venturevillage.eu/kinnevik-rocket-internet-investments
As for the young Latin American Amazon clone, Linio, 2017 is set to be a good year – with estimated revenues of €281m, the Samwers claim that the return on sales will be an impressive 12%. This is a clear sign of the Samwers’ huge and rather unrealistic ambitions: by comparison, the company’s US original, Amazon, makes just over 1% in returns.

http://venturevillage.eu/rocket-internet-500m-new-funding-ambitions
http://venturevillage.eu/linio-funding
http://venturevillage.eu/rocket-internets-results-2012


How many ventures can you count at Rocket Internet AG.?
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/07/how-many-ventures-at-rocket-internet-ag.html

more info AB Kinnevik & Rocket Internet GmbH. capital markets day 2014 / 13 presentations
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/05/more-info-ab-kinnevik-rocket-internet.html

Glossybox .... some international branches shut down
http://venturevillage.eu/ceo-of-glossybox-on-failure-learnings-the-startup-industry
http://onlinedatingsoundbarrier.blogspot.com.ar/2013/11/glossybox-some-international-branches.html

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