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Rocket Internet, an old-ish tech company in Europe, makes its living off cloning And localizing US startup ideas before the US equivalent makes it to Europe. Th
by discordance 6y ago
Rocket Internet, an old-ish tech company in Europe, makes its living off cloning And localizing US startup ideas before the US equivalent makes it to Europe. They’ve been doing it for years now.
I guess the diff is that Europe is still an open market as opposed to China.
- jariel 6y agoMaking clones is not a material part of this equation. It happens everywhere. But when a nation puts up barriers to trade, and grabs IP, then the government themselves back companies, using control of their nationalised banks and central bank - then it takes on a different form entirely. Everything happening is a bit predictable.