"most of the unlisted companies within Kinnevik’s online portfolio are still unprofitable. However, the larger companies in the portfolio are well capitalised and can afford continued investments until they reach break-even."
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/02/about-kinneviks-holdings.html
But what will happen if those companies never reach the break-even, if their EBITDAs are always negative???
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/04/rocket-internets-samwer-brothers-ab.html
http://es.scribd.com/doc/222822803/Kinnevik-Q1-2014-EN-pdf
http://es.scribd.com/doc/222822802/Q1-Kinnevik-2014-pdf
Big investments, big losses
http://venturevillage.eu/kinnevik-rocket-internet-investments
As for the young Latin American Amazon clone, Linio, 2017 is set to be a good year – with estimated revenues of €281m, the Samwers claim that the return on sales will be an impressive 12%. This is a clear sign of the Samwers’ huge and rather unrealistic ambitions: by comparison, the company’s US original, Amazon, makes just over 1% in returns.
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