BUSINESS INSIDER - Aug 14 - Rocket Internet is one of the most successful and controversial startup incubators in the world. Last week, the Berlin-based startup accelerator raised $445M at a $4.5B valuation. And it’s reported to be shooting for an IPO soon, with hopes of reaching a valuation as high as $6.7B. Rocket Internet's strategy is to copy ideas that work in certain markets and build the same exact business model in regions that haven’t yet been explored. It launched eDarling in 2008, a copy-cat of eHarmony. The site now operates in 20-plus countries. eHarmony was a 30% shareholder until 2013. eDarling focused on mostly non-English-speaking countries, but have announced plans to expand to the U.K. and Ireland recently.
by Eugene Kim
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