Wednesday, September 24, 2014

Climateer Line of the Day: Venture Capital Economy Edition

"Our proven winners generated aggregated net losses of €442 million" ($568 million)
-Rocket Internet prospectus via "How Do You Say 'Dot-Com Crash' in German?"

According to the WSJ:
"Rocket is a cross between a venture-capital fund and a consulting firm that founds startups and helps them grow."