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Germany's Samwer Brothers Rumored to Launch a Square Clone Soon

8 points by irunbackwards 15y ago

hef19898 15y ago
You can say about Rocket internet what ever you want, but in terms of strategic and tactical execution they are really good. They almost completely lack on the innovation part of it. To me. they seem like the guys producing Transformers 13, they play it save on the idea side. On the other hand they exploit almost every hole the find in the execution of these ideas. Wether that will pay of or not in the long run, I'm not sure. It definitely payed of monetary already. Funny thing is we still have people in Germany complaining about the Chinese stealing other peoples ideas...
- deleted 15y ago
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APuschilov 15y ago
The biggest and best deed of the Samwer brothers was to make Internet entrepreneurship big in Germany. Before they sold Alando back in the day to ebay and later exited Yamba only few people regarded entrepreneurship as a viable career path. It was mostly due to their success that people started following their example. Nowadays, whenever you read about a startup being funded in Berlin chances are that both the CEO and her company's seed investors were at one point working for Rocket Internet, e.g. Wooga.
- hef19898 15y ago
  You mostly right, Yamba was basically the first time I slowly started that entrepreneurship was actually a viable option. Up to then, start-ups were companies like Yahoo, eBay and Amazon, meaning it was impossible to do that in Germany. And while it is completely understandable that they now try to make the last cent possible,they took a good thing too far. IMHO there are better things to do with their ship load of money sitting around than founding yet another clone to exit to the original innovator.
kmfrk 15y ago
iZettle (http://www.izettle.com/ http://www.izettle.com/) are looking like a formiddable European opponent for Square. On another note, the German Pinterest clone is so disgustingly similar to the original that I wouldn't be surprised if there were legal grounds to sue them. I think it's important to inspire people by achieving success without resorting to scumbag methods. Especially with companies like Zynga around.

8 points by irunbackwards 15y ago

hef19898 15y ago

You can say about Rocket internet what ever you want, but in terms of strategic and tactical execution they are really good. They almost completely lack on the innovation part of it. To me. they seem like the guys producing Transformers 13, they play it save on the idea side. On the other hand they exploit almost every hole the find in the execution of these ideas. Wether that will pay of or not in the long run, I'm not sure. It definitely payed of monetary already. Funny thing is we still have people in Germany complaining about the Chinese stealing other peoples ideas...

deleted 15y ago
[deleted]

APuschilov 15y ago

The biggest and best deed of the Samwer brothers was to make Internet entrepreneurship big in Germany. Before they sold Alando back in the day to ebay and later exited Yamba only few people regarded entrepreneurship as a viable career path. It was mostly due to their success that people started following their example. Nowadays, whenever you read about a startup being funded in Berlin chances are that both the CEO and her company's seed investors were at one point working for Rocket Internet, e.g. Wooga.

hef19898 15y ago
You mostly right, Yamba was basically the first time I slowly started that entrepreneurship was actually a viable option. Up to then, start-ups were companies like Yahoo, eBay and Amazon, meaning it was impossible to do that in Germany. And while it is completely understandable that they now try to make the last cent possible,they took a good thing too far. IMHO there are better things to do with their ship load of money sitting around than founding yet another clone to exit to the original innovator.

kmfrk 15y ago

iZettle (http://www.izettle.com/ http://www.izettle.com/) are looking like a formiddable European opponent for Square. On another note, the German Pinterest clone is so disgustingly similar to the original that I wouldn't be surprised if there were legal grounds to sue them. I think it's important to inspire people by achieving success without resorting to scumbag methods. Especially with companies like Zynga around.