Did Airbnb just clip Rocket Internet’s wings? Wimdu can’t find a buyer.



According to industry sources, the Samwer brothers are having trouble selling their Airbnb clone Wimdu. After investing around € 70 million in it with Kinnevik, Rocket Internet is shopping around for buyers, but it isn’t finding any, according to German online magazine Focus.

Potential buyers are reportedly put off by the strong showing of Airbnb, which is successfully rolling out internationally (the counter is at . As early as August 2012, Wimdu had to scale back international expansion.

Another Airbnb clone, 9flats (backed by T-Ventures with € 2 million), already went through a round of layoffs, says Focus.

Airbnb received € 88 million to date, according to Crunchbase ($ 120 million), which is only slightly higher than the Samwer’s investment in Wimdu. Wimdu was launched 3 years after Airbnb, and it seems the famed Samwer execution machine wasn’t enough to make a dent in Airbnb – which says something about the quality of the Airbnb team.

via VentureVillage via Focus, photo: Jurvetson, Flickr

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Raf Weverbergh

Editor of whiteboard. Raf Weverbergh was a magazine journalist whose work appeared in magazines like Rolling Stone, Playboy, Mail on Sunday, Publico and South China Morning Post. He is the co-founder of FINN, a corporate communications agency where he advises startups and multinationals on their PR and Mustr, the easiest media database for PR professionals. You can contact him on Twitter, Linkedin or Skype (rafweverbergh).

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