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Rocket Internet

Germany’s 2014 startup boom funded U.S. imitations, not original innovation, experts say

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Heck says Germany copied rather than invented in 2014 startup boom

Germany missed a critical opportunity in 2014 to build globally competitive tech companies despite over one billion euros flowing into its startup ecosystem, according to entrepreneur Nils Heck. Heck says Germany copied rather than invented in 2014 startup boom Heck stated in a viral LinkedIn post that the 2014 initial public offerings of Rocket Internet … Weiterlesen …

German startups failed to turn 2014 funding surge into global innovators, critics say

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Experts cite risk aversion as core issue in German entrepreneurship

German startup ecosystem failed to translate a 2014 funding surge into globally competitive companies, according to a viral LinkedIn post by entrepreneur Nils Heck. Heck argues that over 1 billion euros flowed into German startups after the IPOs of Rocket Internet and Zalando in 2014, yet no world-leading digital firms emerged. Instead, he says, most … Weiterlesen …

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