Hot Russian e-commerce startup Lamoda has raised an insane $130 million in funding.
It is indeed an honor when a year-old startup with two or three million dollars in annualized revenue scores a $100 million investment. An unusual honor, as well. But there's method behind the madness.
The Samwer brothers just invested in Kreditech, a German startup that uses thousands of data points to determine how creditworthy you are.
Rocket Internet chief Oliver Samwer, his brother Marc, and former Delivery Hero co-CEO Fabian Siegel are teaming up to start Global Founders Capital: a new €150 million ($194 million) fund for high-potential Internet businesses.
Groupon’s business stateside has been embroiled in an accounting scandal that cut the stock price in half. But its international operations are responsible for two-thirds of the company’s revenue. Yesterday the company announced that Marc Samwer, who along with his …