German Samwer Brothers Invest In Facebook

Posted: Jan 16 2008, 4:47am CST | by , Updated: Aug 11 2010, 5:43am CDT, in News | Technology News


German Samwer Brothers invest in Facebook
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The three Samwer brothers are well known in internet entrepreneurs in Germany. Now they make headlines with a high profile investment in social networking king-pin Facebook.

The Samwer brothers founded successfully in the past the Alando auction platform they sold to eBay and the Jamba ringtone company which they sold to Verisign.
There is no official statement on the size of the investment. The WSJ thinks it’s between $10 and $15 million. A while back Microsoft invested $240 million in Facebook.

Along with the Facebook investment the Samwer brothers are supposed to help launch Facebook in Europe.
More details on the Financial Times (German).

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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