All posts by Alex Hofmann »

Opinion: It’s not all about growth and a billion-dollar exit

Opinion: It’s not all about growth and a billion-dollar exit

Alex Hofmann May 9, 2013 1

Big financing rounds, rapid growth and a headline-grabbing exit as a finale – these are the things often demanded of startups. But for many, this strategy is entirely the wrong route. Alex Hofmann explains

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Rocket Internet’s huge ambitions: to “take down” Ikea

Rocket Internet’s huge ambitions: to “take down” Ikea

Alex Hofmann April 19, 2013 5

Rocket Internet’s Samwer Brothers have claimed that they want to “take down” Ikea and dwarf H&M in a controversial leaked document intended for investors. It’s a well-known fact that the Samwer brothers, the founders

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How much have Swedes Kinnevik invested in Rocket Internet to date? €1.1b and counting

How much have Swedes Kinnevik invested in Rocket Internet to date? €1.1b and counting

Alex Hofmann April 11, 2013 2

Judging by their 2012 annual report, Swedish investment company AB Kinnevik‘s holdings in the portfolio of Berlin-based venture builder Rocket Internet are becoming more and more important… In the past few years, Kinnevik’s investments in

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What are MyTaxi’s chances in the US market?

What are MyTaxi’s chances in the US market?

Alex Hofmann February 18, 2013 0

Since last year, MyTaxi users have paid for their trips smartphone-to-smartphone. Now, the Hamburg-based startup – considered one of Germany’s mobile app success stories – is getting involved in the mobile payment business with its

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$65 million for Dafiti – Quadrant Capital, AB Kinnevik invest in Brazil’s Zalando clone

$65 million for Dafiti – Quadrant Capital, AB Kinnevik invest in Brazil’s Zalando clone

Alex Hofmann December 11, 2012 4

Sometimes Rocket Internet’s portfolio companies just look like capital munching machines – the most recent announcement in a long string of financing rounds sees Brazilian online shop Dafiti gathering $65million funding. That brings the total investment

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Is Nova Founders “Rocket Internet 2.0”? Ex Samwer managers confirm four “extremely exciting new businesses”

Is Nova Founders “Rocket Internet 2.0”? Ex Samwer managers confirm four “extremely exciting new businesses”

Alex Hofmann November 19, 2012 0

It seems like the leadership team at Rocket Internet continues to abandon the infamous Samwer brothers with news that another two managers, Raphael Strauch and Mads Faurholt-Jorgensen, have jumped ship to form Nova Founders, described

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Mobile payment platform iZettle launches in Germany, backed by Deutsche Telekom and VR-Banks

Mobile payment platform iZettle launches in Germany, backed by Deutsche Telekom and VR-Banks

Alex Hofmann October 30, 2012 3

Is mobile payment the new boom market? If you look at how ambitious providers such as Square, Payleven, SumUp and Streetpay are, it’s not hard to tell that the expectations are high in the

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Airbnb rival Wimdu confirms cuts to international offices, refocus on Berlin

Airbnb rival Wimdu confirms cuts to international offices, refocus on Berlin

Alex Hofmann September 20, 2012 11

Wimdu, the Airbnb rival backed by the Samwer brothers’ Rocket Internet, is trimming down its international offices and moving some international staff into the company’s Berlin HQ. The backdrop: tense competition in the market

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Why startups fail – too big, too early and other founder failures

Why startups fail – too big, too early and other founder failures

Alex Hofmann September 19, 2012 5

Eleven out of 12 startups are destined to fail – but why? The Startup Genome Project looked at 3,200 businesses to find out what distinguished the successful young startups from the not-so-successful. Too-rapid growth

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