I really like that Rocket Investments group that just copies existing products and launches them in into LATAM/Emerging markets. I think this is a German group - does anyone have any info on them?
Yeah. They started out in the early 2000s by selling overpriced ringtone subscriptions to minors, essentially.
That was already their second gig. They made their first millions by copying eBay for Germany and selling it back to eBay 100 days after incorporation.
They are from berlin (rocket internet). Cant find it anywhere but heard a rumor they once sold a german ebay clone to Google for big $$$ by pretending to be a huge company. They hired a aircraft hangar for the occassion
wow, guess due diligence wasn't in fashion at the time