The three Samwer brothers (Oliver, Marc and Alexander) founders of the Rocket Internet incubator in Berlin, are the most successful Internet entrepreneurs in Germany and possibly Europe. After launching and exiting multiple businesses, many of them clones/copycats of US startups, they are multi-millionaires. Indeed, their Groupon clone CityDeal sold to to Groupon for an estimated €750m in cash and shares. But much of that success looks threatened by the departure of at least 20 of its key staff in the last two weeks – including CTO- level people – and possibly as much as 40, according to multiple sources spoken to by TechCrunch Europe.
While Rocket Internet has around 200 people on staff, losing key heads could be a severe blow to the renowned incubator. The timing could not be worse for the Samwers, who are understood to be in the middle of raising at least a billion dollar financing round designed to clone every successful US startup, to launch them outside the US much faster and become a larger global player than many of the Silicon Valley businesses they plan to copy. → Read More
Erick and I are both parents so we know from tablets. The $99 LeapPad from Leapfrog is cool, to be sure, and fun if junior’s aunt or uncle is picking it up, but we both found it lacking, especially when compared to other devices. Obviously if you don’t want the wee ones slobbering all over your iPad, this is a huge winner. Otherwise, the lack of apps, especially for geeks like us, was disheartening. → Read More
We’ll we’ve run a lot of TechCrunch meetups all over Europe since 2007, getting to most of the major European cities. But there’s one place we haven’t got a chance to hit and that’s the tiger economies of the Baltic states: Lithuania, Latvia and Estonia. The latter is of course where, famously, Skype was largely developed. So we’re putting that right with an event in January, TechCrunch Baltics. It will be on February 9th, 2012, in the lovely city of Riga, Latvia. → Read More
The Sony Tablet S is actually a pretty hot 9.4-inch slate, and doesn’t look like every other Android tablet out there (thank goodness). On the performance side, however, I found myself frustrated on more than one occasion. The design is everything I’ve been wanting from Android tabs, but unfortunately I just couldn’t ignore the underwhelming responsiveness of the slate. → Read More
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