The concept of IT cloning is running from decades and now it’s very popular. There is no rocket science behind it, just understanding a complete business model and implementing the idea to a new level can make you billionaire.
Sounds weird??? Right!!!
Here is one real life success story.
Samwer brothers from Germany, who have cloned 100’s of websites till now and made billion dollar empire. They are also knows as Clone King.
In 1999, they launched an eBay clone (Alando.de) and sold it to eBay at $50 Million, then they cloned US advertising model and launched Jamba with crazy frog (very popular animated character) and sold it to Verisign in 2013 at $270 Million. Just a Start!!!
In 2007, they created a venture capital firm – Rocket Internet and invested over 100 companies across 50 countries till now and also invested on 100+ clones.
Later, they realized that Groupon is building huge business with expansion in Canada, so they cloned it and launched Citydeal in Europe, which became popular with no time and sold it back to Groupon in 2010 at $126 Million with 14% of Groupon share.With increasing IT cloning, in 2011, Anti-Copycat evolution was launched by 6wunderkinder. They minimized the clones but couldn’t stop it.
Now in 2014, they launched Airbnb Clone (Wimdu) with $90 Million funding and its being quite popular, also a great competitor to Airbnb.
There is a lot more information about IT Cloning in the below info-graphic,
Please go through it and share your comments with love.