Friday, July 25, 2014

In the famous blitzkrieg email, when Oliver Samwer wrote

" i do not accept surprises. i want this planned confirmed by all three of you: you must sign it with your blood." he is desperately demanding more commitment claiming more compromise from Managing Directors with the companies they are managing but ... Samwer brothers pay too much to Managing Directors, in the range of Euros 120,000 per year! and they no not give many shares of those companies. (and my bet, as Managing Directors know in advance no one of those companies are designed to be profitable ever and will not be bought by the original company they had copied, as eHarmony Inc, refused to acquire the 100% stake in Affinitas GmbH. last May 2012, they can only drain huge salaries for 4 or 5 years before leaving).
"The pressure is intense on the start-up managers, who are usually paid a salary and do not receive a major stake in the company they operate."
those Managing Directors are not entrepreneurs, they are smoke sellers, and although they can cook a barbecue under the water, they can not innovate in nothing.

More Juicy Information from Affinitas GmbH. balance report

Seven Balance Sheets Rocket Internet clone empire and companies

ZALANDO 2012 balance

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