Wednesday, September 7, 2016
FT article: Rocket’s writedown raises red flags
https://www.ft.com/content/6a3db990-7420-11e6-b60a-de4532d5ea35
"If the internet investor had to knock Euros 2 Billion off the value of one holding, what are the others worth?"
Perhaps only a big Ponzi scheme; those companies not designed to be profitable ever, only to be sold to the original company they had copycatted. But they failed.
FT article: Shares in Rocket Internet fall after writedowns
http://onlinedatingsoundbarrier.blogspot.com.ar/2016/09/ft-article-shares-in-rocket-internet.html
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