6 Startups that Cloned Ideas and Made a Fortune
Some call them ripoffs. Others call them smart.
I call them good examples of what works with dubious ethical implications.
We’re discussing startups that copied (“cloned”) ideas from more or less established businesses, altered them a bit, and made a fortune as a result.
You’ll learn:
- how these seven startups swiped others’ ideas and implemented them onto non-existing markets
- why Germans can be dangerous for established businesses
- that there’s a LOT of money to be made from cloning
Ready to learn from the very best in the cloning game? Let’s roll.
Example #1: eBay and Alando
Three brothers (Marc, Oliver, and Alexander Samwer) were mesmerized by the concept of eBay and wanted to reproduce it in Germany.
Unfortunately, eBay never replied to their collaboration appeals.
This wasn’t unfortunate for the brothers. It was unfortunate for eBay.
The lack of response drove Samwers to launch the business themselves.
Fast forward three months. The brothers just opened their fourth glass of champagne to celebrate the HUGE…