According to Mike Arrington, the Samwer brothers, serial German entrepreneurs, have invested in Facebook at the $15 billion valuation. One commenter is saying the rumored amount is $60 million but doesn’t have a source. Venturebeat has an article about another Samwer brothers investment from last year, a Twitter clone for Germany and France. I had never heard of the Samwer brothers but they had invested in a German Facebook clone that ended up selling for 100 million Euros.
Based on all the investments being made in Facebook, their stock would be soaring right about now. Their $15 billion valuation may be overblown but then again, they are capitalist pigs. How much more money can Facebook take in?
Hey Nick – see the date on that VentureBeat article. The Frazr investment was last summer
Comment by Adam Ostrow — January 15, 2008 @ 8:38 am
Hey Nick – see the date on that VentureBeat article. The Frazr investment was last summer
Comment by Adam Ostrow — January 15, 2008 @ 12:38 pm
the samwers (three brothers) are the most know serial internet entrepreneurs in europe. they founded alando, sold to ebay in 99, they founded jamba sold to verisign for about 280 mio euros, they invested in many clones like myvideo.de (youtube clone), studiVZ and lokalisten (facebook clones). now they are invested in facebook as well as in linkedIN … it seems to be a very interesting strategic partnership for facebook to roll out german and european versions … check out http://www.europeanfounders.com
Comment by PM — January 17, 2008 @ 12:41 am
the samwers (three brothers) are the most know serial internet entrepreneurs in europe. they founded alando, sold to ebay in 99, they founded jamba sold to verisign for about 280 mio euros, they invested in many clones like myvideo.de (youtube clone), studiVZ and lokalisten (facebook clones). now they are invested in facebook as well as in linkedIN … it seems to be a very interesting strategic partnership for facebook to roll out german and european versions … check out http://www.europeanfounders.com
Comment by PM — January 17, 2008 @ 1:41 am
[...] The Samwer brothers have sold their Facebook stake, which has grown to about three-and-a-half times the value the shares held at the time the German entrepreneurial trio bought in, when company had a valuation of $15 billion in 2008. News of the sale first appeared in a German publication called Deutsche Startups, which said that the size of the original investment was “significant,” but smaller than the size of Microsoft’s 1.6 percent stake in Facebook. More detailed numbers on the transaction haven’t been disclosed, according to the article. [...]
Pingback by Major Facebook Investors Cash Out — February 18, 2011 @ 1:46 pm