Archive | June, 2013

Leaving the Rocket ship

29 Jun
Rocket Berlin Bear

Rocket Berlin Bear

After just over a year working at the headquarters of Rocket Internet in Berlin, yesterday was my last day.

When you’re always travelling at rocket-speed, it’s quite difficult to jump off a moving vehicle, but jump I have.

In total I was at Rocket Internet for about 21 months, but given the amount I learnt there I’d say it was more like 3 or 4 years in any other “ordinary” job. It’s been a fascinating time, from my first 8 months working in London launching a specific venture, to my time in Berlin where I had a role that allowed me to see nearly everything that was going on in the Rocket universe.

Rocket has a lot of detractors, and it’s nearly impossible to imagine what it’s like from the outside looking in, but I’d say its reputation has improved over the past year. Perhaps it is more a grudging respect that, whilst we’re not aiming for innovation, we really have entrepreneurship nailed down pretty well.

This recent article in Venturebeat gives one of the best analysis of Rocket that I have read. It was always amusing for us on the inside to be reading speculative articles about Rocket Internet, but this guy has a closer relationship to the firm and as a VC, rather than a random blogger, he has a slightly better perspective. Be sure to read the comments too.

I hope over the next few months to blog a little bit about what it was like at Rocket Internet, to maybe address some of the mis-conceptions.

So what’s next? Well, in a rather unusual twist for someone leaving Rocket Internet, I have decided not to start or launch a “ecommerce startup incubator”, and instead will be launching my own startup, Satago, in London.

Pic is my leaving present from the Finance department at Rocket, one of the most thoughtful leaving presents I’ve ever had!

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