Rocket Internet
3.3 of 5 88 reviews
www.rocketinternet.de Berlin, Germany 5000+ Employees

Rocket Internet Reviews

Updated Jun 25, 2014

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3.3 88 reviews

                             

67% Approve of the CEO

Rocket Internet Managing Director Alexander Kudlich

Alexander Kudlich

(6 ratings)

59% of employees recommend this company to a friend
88 Employee Reviews
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Review Highlights

Pros:
  • "Super fast-paced, if you're part of the venture development teams (i"
    in 10 reviews
  • "you are going to learn a lot, a lot of opportunity, very informal"
    in 5 reviews
Cons:
  • "High turnover rate, experience professionals are leaving or being fired"
    in 8 reviews
  • "Expect long working hours and multi-tasking"
    in 7 reviews
  • Show more review highlights

Reviews

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    Fast&Furious...

    Country Chief Executive Officer and Founder (Former Employee)

    ProsAs Country-CEO for a Rocket Internet local portfolio company, I have had the best entrepreneurial training and experience of my life. The pace is super-fast, with incredibly long hours and a big load of pressure (a good pressure): I had to hire 20+ people in <1 month, build operations from scratch, and take on incredible responsibilities in very little time. The amount of trust Rocket Internet gives you is really empowering. It's probably one of the best "safe" arenas where you can have a true entrepreneurial training with limited risk (you have a competitive salary).
    Colleagues and management are smart and driven. Culture is a "no bollocks" one, which I appreciated, but may be intimidating to others.

    ConsThe company can be brutal. If metrics don't live up to expectations, or fund raising (done centrally) does not go as expected, they are as quick at closing down operations as they are at spearheading them. Obviously, that's exactly what the start up risk is, but, given that your equity stake is nowhere near what you would have if you were a real founder, you end up sharing a lot of the downsides, but your upside is limited. Make sure you know what you sign up for, but overall I would do it again, if not for the incredible training received.

    Advice to Senior ManagementKeep doing what you are doing, but start doing some innovation also. Copying biz models worked out well until now, but US VCs are getting better at growing in international markets, so competition will heat up.

    Yes, I would recommend this company to a friend

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    Well, its Rocket

    Vice President Business Development (Former Employee)

    Prostons of opportunity to advance, fast paced environment, get to work on the forefront of e-com (geographically)

    Consmale-dominated and ego-driven environment, unorganized management, experience is luck of the draw with your assignment

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great learning experience, tough skin required

    Global Venture Development Manager (Former Employee)

    ProsA lot of independence is given to individuals
    For those coming from a consulting/investment banking background it is a great way to learn about how the 'real' world works and how to manage people

    ConsRelatively unstable
    Confusing organisational structure, unclear who manages what once outside the local opco

    Advice to Senior ManagementRetain employees better

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Work hard with smart people, but beware of cutthroat lifestyle

    Anonymous Employee (Former Employee)

    Pros* Work with some of the smartest people out there. Rocket-Internet poaches some of the top talent from US and European Business Schools. Good place to learn from others.
    * Learn a lot on the job. It's start-up culture with a bit more stability.
    * Little bureaucracy. Every employee has a chance to work on whatever needs to be done. If you're passionate about some aspect of the work and see ways to improve it, you're encouraged to!

    Cons* Long work hours
    * Potential to be cut off at any time because of a failed venture

    Yes, I would recommend this company to a friend

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    2 people found this helpful  

    Wonderful colleagues but company is plagued with problems

    Anonymous Employee (Former Employee)

    ProsVery smart colleagues who are mostly former management consultants. The workplace is casual.

    ConsThe HQ provides conflicting goals - metrics change all the time. This changing priority problem is probably due to investors' pressure. Work here will also consume you. No work/life balance to speak of, unless you want to be shown the door in three months. The company also fired a lot of employees as its preferred cost cutting measure. I interned there for three months and was asked to sign a full-time contract at the end of my internship, but I decided to leave because the work environment was too stressful and the company was too ruthless with its employees.

    No, I would not recommend this company to a friend

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    Rocket Internet Employee Review

    Anonymous Employee (Current Employee)

    Pros-Geographically diverse staff
    -Autonomy
    -Open to ideas
    -Relaxed work environment

    Cons-No transparancy ('in club' vs. everyone else)
    -High Turn
    -Poor communication
    -Key business decisions are not thoroughly thought through

    Advice to Senior ManagementCommunication, vision, team building and follow-through need to be the priority for this environment. They hire smart people who have diverse and established backgrounds that are usually under the age of 30. This can be good and bad. Although they hire interesting people, they don't look for leaders or team developers, often resulting in a small cohort of people who think they can make the best decisions. The same cohort makes decisions and does not place value in clearly communicating decisions with the team.

    Yes, I would recommend this company to a friend

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    Great place for quick, hands-on learning.

    Business Developer (Former Employee)
    Jakarta (Indonesia)

    ProsSmart people to work with. Possibility to do just about everything in the company, to be paid accordingly and to gain responsibilities pretty quickly. You are encouraged to have ideas on your own about how to grow the company and to implement them. Trying and failing is never a problem, not trying will always be.

    ConsThe atmosphere varies a lot depending on the location and the venture. Your job is not always safe. Extremely fast-paced and learning is often done alone.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Great place for people looking for challenges

    Business Development Intern (Former Employee)
    Paris (France)

    ProsHuge responsibilities given that you don't have much experience yet. True meritocracy. You learn a lot and you learn fast. You work with really talented people all coming from top consulting firms.

    ConsReally fast paced environment, you learn alone and are not really followed. You have to be aware that you can move to an other country even during an internship to help a new venture opening

    Yes, I would recommend this company to a friend

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    You learn a lot about business execution, but it's an excruciating experience

    Anonymous Employee (Current Employee)

    ProsThere's no better place to learn about how to develop an online venture, really. No business school will get closer to what I have learned here. From product management, going to online marketing channels development through logistics - it's a great school.

    ConsYou develop your business "on-the-fly" with much guessing. Rocket produces a lot of data analysis about several different KPIs but nobody there takes this data and turns it into real insights or actionable items.

    Advice to Senior ManagementThere's no company culture at all. Should invest a little more time thinking about that because turnover rates are huge.

    Yes, I would recommend this company to a friend

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    Great place to build skillsets to prepare for starting something

    Anonymous Employee (Current Employee)

    ProsSmart team members. Extensive sharing of best practices across regions and ventures. The possibility to burn money to test your hypotheses and iterate. Efficient. Great network that continues.

    ConsNo company culture. At least generally. Aggressive working environment. Not a big established company. expect a start up and start up mistakes and pitfalls and support. Poor regional management.

    Advice to Senior ManagementListen to local differences and build strategy and support such initiatives. Build scalable solutions for all ventures to scale faster such as HR, finance, systems, CRM, BI...

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at Rocket Internet reviews and ratings — including employee satisfaction and approval rating for Rocket Internet CEO Alexander Kudlich. All 88 reviews posted anonymously by Rocket Internet employees.