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We launched over 100 companies in 100 countries. Most failed. The ones that survived — Zalando, Delivery Hero, HelloFresh — created more value than the failures destroyed. That is the game.

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The idea is 1%. Execution is 99%. Everyone has ideas. Almost nobody can execute at speed and scale. That's what Rocket Internet does — we execute faster than anyone on Earth.

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We sold Alando to eBay for $43 million, 100 days after we launched it. One hundred days. That taught us everything about speed. If you can build and sell a company in 100 days, you can do anything.

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People call us copycats. I call us efficient resource allocators. If a business model works in America, why wouldn't it work in Brazil or Indonesia? The only question is who gets there first.

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We need to become the most aggressive company on the internet. EVER. I am dead serious. This is not a game.

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Zalando started as a Zappos clone. Now it's worth more than Zappos ever was. The copy became bigger than the original. That happens when execution matters more than originality.