There was a German VC firm that was, as I recall, very upfront about this. Clone a successful US company before it got to the European market.
The Chinese also do this. (As in, the government seems to encourage it outright.) The culture and language barrier do make for an effective moat. It usually takes significant effort and even some cultural change for a company to get its legs for international operation.
The Chinese also do this. (As in, the government seems to encourage it outright.) The culture and language barrier do make for an effective moat. It usually takes significant effort and even some cultural change for a company to get its legs for international operation.