Germany's Copycat Kings Launch a Venture Fund

The Samwer brothers have launched a $194 million fund to invest in global startups
Oliver Samwer (left) and Marc Samwer (right), with a friend, attend the Chairmen and Speaker Dinner during the DLD Conference 2012 in Munich, Germany Photograph by Andreas Rentz/Getty Images

Germany’s Samwer brothers—Oliver, Marc, and Alexander—have made hundreds of millions of dollars by rolling out international copycat versions of American e-businesses, including eBay, Groupon, Zappos, Pinterest, and Fab. “There are pioneering entrepreneurs and execution entrepreneurs, and maybe we belong more to the execution entrepreneurs,” Oliver Samwer once said, defending the derivative nature of the Samwer strategy.

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