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These 3 guys became billionaires by copying other companies. They created clones of eBay, Facebook, Youtube, Twitterโฆ And somehow they got away with it (and made billions). Hereโs the crazy story of the Samwer Brothers: In the late 1990s, the Samwer brothers left Germany for Silicon Valley. They had 1 driving force - building a successful business. 1998, eBay was taking off in the U.S., but it wasnโt in Europe yet. The Samwers saw an opportunity there. So they launched an eBay clone - Alando, in Germany. And it quickly became the largest online auction site in Germany. After 3 months of Alandoโs launch, it was sold for $43 million. But that was just the beginning for the Samwersโฆ After the first success, They launched Jamba, which was basically an early version of iTunes. 4 years later, they sold it for $273 million. In 2007, the Samwer brothers launched Rocket Internet. They created clones of Amazon, Pinterest, Facebook, and more. And it worked.
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Medialย โขย 1y
The story of three brothers who copied western startups and became billionaires. (Saturday Startup Nugget - The Samwer Brothers -Story 1). The Samwer brothers, Oliver, Marc, and Alexander, have earned a notorious reputation in the tech world for th
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How Alibaba Beat eBay in China So In 2003, eBay was leading Chinaโs e-commerce market with over 77% market share! But then, because of one company, eBay exited Chinaโs market and never came back again. And that company is Taobao (Alibabaโs B2C sit
See MoreEntrepreneur and Ger...ย โขย 10m
Bringing byte- sized entrepreneurial story for you ๐๐ Meet โThe Collison brothersโ who shook the whole Fintech industry like an electric shock โก๏ธ Shocking facts about them and their business๐ณ๐ณ โ They started their entrepreneurship journey at
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How Two Brothers Built a $100B Company! This is the story of Patrick Collison and John Collison, two Irish brothers with a passion for technology and entrepreneurship. In 2010, the Collison brothers were frustrated by the complexity of online payme
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Set2Scoreย โขย 7m
List of brands merged or acquired by Unilever !! Unilever acquired many brands strategically to increase its competitive edge, market share, growth and profitability. Some of the brands are : โณ Knorr (2000, acquired with Bestfoods) โณ Hellmannโs (
See MoreHey I am on Medialย โขย 1y
KRBL Limited, the company behind India Gate basmati rice, was founded in 1889 by brothers Khushi Ram and Behari Lal. Originally a cotton-spinning business, they later established cotton and textile mills. After the partition, they relocated to India
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