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The World's Foremost Copycat Billionaires: Why Silicon Valley Despised These Three Brothers
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Copycat Billionaires: How Samwer Brothers Forced Silicon Valley to Pay Millions
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News18
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13-03-2026, 17:52
Copycat Billionaires: How Samwer Brothers Forced Silicon Valley to Pay Millions
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Samwer brothers (Marc, Oliver, Alexander) became billionaires by copying successful US tech startups.
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Initially ignored by eBay, they launched Alando, a copycat auction site in Germany, forcing eBay to buy it for $43 million.
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Founded 'Rocket Internet' to identify and replicate hit startups in new markets before the originals arrived.
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Copied Facebook (StudiVZ) and Groupon (CityDeal), selling them for huge profits, angering Silicon Valley.
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Despite criticism as 'copycats', they built an empire, investing in hundreds of startups globally, including Zalando, HelloFresh, Jabong.
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