The Samwer Brothers
DEMO, Germany, Google, Internet, Red Herring, conferences, entrepreneurs, general, general technology, networking, social justice, video 28 October 2007
As we say every time we present, our goal is to supplement not supplant Google.
It’s a life-changer, a great technology. And combined with YouTube, the ability to retrieve general information from the web is amazing.
What am I talking about?
Well, at DEMO GERMANY a couple of weeks ago, we were literally face to face with Oliver Samwer, one of the trio of German entrepreneurial brothers with a seemingly golden touch. Oliver gave the keynote, and I was in the backstage area with him before he spoke. Our presentation was right after his speech, so there were only a group of 5 of us plus Oliver in the backstage area.
I listened to his speech and thought that he sounded like a nice guy. I’d only started to hear about the Samwer brothers after the sale of StudiVZ to Holtzbrinck Ventures for €85 million back in January 2007. Plus, I’d just bumped into Michael from StudiVZ at Etre in Budapest, so my interest in both the Samwer Brothers and StudiVZ was piqued. Oliver from Red Herring had also told me a bit about them at ETRE, so when I got back home from DEMO Germany, I decided to see what help Google and YouTube might offer.
A little bit of research on Google showed that they are innate entrepreneurs that sold their first company, Alondo.de (a German marketplace site, like eBay) to eBay for €40+ million about 100 days after they founded the company. They then served as managing directors of eBay Germany, which they made into the most profitable international site of eBay. A few years later, they struck gold again with Jamba, which became the market leader for wireless content such as ringtones, pictures, games and videos for mobile phones in the US and Europe. Verisign acquired Jamba in 2004 for $273 million.
So now the brothers focus on helping to create an ecosystem in which entrepreneurs in Europe can thrive. From what I’ve been able to find out, Alex (the youngest brother) runs a foundation that supports Romanian children that can’t afford an education. And Oliver and Marc focus on mentoring and supporting young entrepreneurs, not just with their money but also with their time.
It’s cool to see this kind of thing. The brothers seem profoundly normal and real, without the ego-tripping that sometimes infects very successful people. They seem like good people who are trying to make a difference after their bit of good fortune (and hard work). Either that, or they are amazing actors.
Take a look for yourself.
Oliver Samwer
Marc Samwer
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By The Samwer Brothers , 29 October 2007
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