Rocket Internet is quietly operating and spending heavily in Iran
Mohsen Malayeri · a16z Podcast | Is Entrepreneurship a Universal Language? · Jan 2, 2019 · at 29:21
Mohsen Malayeri, co-founder of Iranian accelerator Avatech, reveals that German startup studio Rocket Internet has begun quietly launching clone startups in Iran ahead of formal sanction lifts.
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“There is a well-known company, Rocket Internet, which has already started operating in the country. A German company, which is basically cloning the successful models in emerging market, where the ecosystem is not really bright that local entrepreneurs be able to create it. But they haven't really officially talked about it. But they have been operating here and tried trying to build startups. Some of them, which is already existed by local entrepreneurs. Some of them haven't started, haven't been started yet, but I mean, for that, that's just an example. They have been operating since the last couple of months and they are now spending a lot of money. To be able to create market, you know, to get the market share on those specific markets that they have targeted.”
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