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COPYCAT 

HOW TO COPY AN EXISTING
BUSINESS MODEL
BALTHAZAR DE LAVERGNE
“GREAT ARTISTS COPY,
GOOD ARTISTS STEAL”
PABLO PICASSO
COPY ≠ STEAL
THE GOOD, THE BAD
AND THE UGLY
NEW ERA FOR
COPYCATS
GREAT WAY TO LEARN
✓ Following your own vision is tough
✓ JolieBox - Frichti
ROCKET INTERNET
OLIVER SAMWER: THE MOST
AGGRESSIVE GUY ON INTERNET ON
THE PLANET
SUCCEED WHERE NO-ONE ELSE
SUCCEEDS
✓ THEY GO (SUPER) FAST
✓ THEY PROCESS EVERYTHING
✓ THEY REPLICATE
5 PILLARS
✓ FUNDRAISING
✓ RECRUITING
✓ INTERNATIONALISATION
✓ EXECUTION
✓ IDEA
FUNDRAISING
✓ Done by Oliver Samwer himself
✓ 3Bn raised
✓ Untraditional money
✓ Every country is a funded startup with
(almost) no spending rules
RECRUITING
✓ EMPOWERING PEOPLE
✓ GIVING THEM A FRAMEWORK
✓ “NO” EQUITY
✓ IT’S A PROCESS TOO
INTERNATIONALISATION
✓ Moving founders
✓ Cross border teams
✓ Drastic control
EXECUTION
✓ “We don’t have the innovation culture, we have the
export culture” Oliver Samwer
✓ It’s where they innovate
✓ It’s their #1 strength
PROCESSES
✓ Recruiting
✓ Marketing
✓ Sales
✓ Operations
IDEA
✓ Bn $$ startups
✓ Capital Intensive
✓ First Mover Advantage
THEY FAIL TOO
✓ Pinspire, Payleven, Wimdu
✓ Mercenaries VS Missionaries
✓ Overall ?
AND YOU ?
YOUR STRENGTHS
✓ FUNDRAISING
✓ RECRUITING
✓ INTERNATIONALISATION
✓ EXECUTION
✓ IDEA
BIG IN THE US DOESN’T
MEAN BIG SOMEWHERE ELSE
✓ The fundraising proxy
✓ Markets are different - ZocDoc
✓ They have secrets
POSSIBLE MARKETS
✓ Hyper-Local
✓ Regulated
✓ Time to market
EXIT STRATEGY
✓ US companies move earlier
✓ Do they grow by M&A ?
✓ For talent ? Revenue ? Network ?
✓ Become profitable
TIME TO MARKET
✓ Rocket goes fast (6weeks)
✓ You can go fast too
✓ With the right team
:
YOU’RE LIKELY NOT
BUILDING WHAT YOU
THINK YOU ARE
✓ Start with copy (real copy)
✓ Learn by doing
✓ Dominate or conquer your market
A B
Bottleneck
BURN THEM ALL
✓ Process
✓ Automation
✓ Inovation
✓ Week over Week
YOUR MISSION
✓ Care for your customers
✓ Growth
GROWTH
✓ Track one metric weekly
✓ Focus on things that work
✓ Do thing’s that don’t scale
PLAYBOOK
✓ Write everything down every day
✓ Find the key learnings
✓ Write the cookbook
✓ Move faster than expected
THANK YOU !

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