Rocket Internet Website Falls Over

rocket website broke

German tech giants Rocket Internet have a stated it’s their ambition to become the largest internet platform outside of the US and China. So a bit embarrassing then that their website was down for a prolonged period this lunch time…

Founded by the elusive Samwer brothers, Rocket Internet, widely regarded as the world’s most ruthless start-up incubator, have a simple business model. They clone American startups and roll them out in new markets with a self described “Blitzkrieg” efficiency. Shame they can’t keep a website server from overheating. No wonder Silicon Valley still laughs at Europe…

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Quote of the Day

Dr Alexander Kogan, the app developer who originally harvested the Facebook data, said…

“I think what Cambridge Analytica has tried to sell is magic and made claims this is incredibly accurate and it tells you everything there is to tell about you. But I think the reality is it’s not that. If you sit down and you really work through the statistics and you think what does a correlation of point three means, those claims quickly fall apart. And that’s something any person with a statistical background can go and do.”


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