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Rocket Internet are the biggest ones, but there's a lot following this strategy. Fabrice Grinda, a prolific entrepreneur/angel coined the term "International I
by mblevin 11y ago
Rocket Internet are the biggest ones, but there's a lot following this strategy.
Fabrice Grinda, a prolific entrepreneur/angel coined the term "International Idea Arbitrage" years ago.
See: http://www.fabricegrinda.com/entrepreneurship/international-idea-arbitrage/ http://www.fabricegrinda.com/entrepreneurship/international-...
- kawera 11y agoAs he mentions in the first paragraph, he didn't coin that term as we used it widely at McKinsey's office in the 90s, where he was a junior consultant. BTW, the practice of "International Idea Arbitrage" is applied since the early 1800s in all fields and segments.