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by bravura
5422 days ago
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The Samwer brothers in Berlin (European Founders Fund) do exactly that: http://www.economist.com/node/21525394 The have cloned AirBNB (Wimdu), for example.
I seem to recall that they had several large exits by cloning sites like eBay and then selling to the company they cloned, but I can't find the article right now. In a sense, if an American company doesn't know how to penetrate a particular international market, then these clones actually do add value. |
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