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thijsniks's profile
Thijs Niks
Thijs Niks
Thijs Niks
@thijsniks

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Thijs Niks

@thijsniks

Product Manager for ☎️ at @WhatsApp / ❤️ retweets

San Francisco, CA
thijs.niks.nu
Joined February 2009

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    1. Thijs Niks‏ @thijsniks Jan 17

      Thijs Niks Retweeted Bill Gurley

      Amsterdam: $87b Booking $65b Adyen $16b Takeawayhttps://twitter.com/bgurley/status/1350869336978690049 …

      Thijs Niks added,

      Bill GurleyVerified account @bgurley
      Michael - love to see entrepreneurship spread. To have a vibrant ecosystem, I think you need three independent public companies north of $10b market cap that were founded in region. @Chewy qualifies. Seattle has this, NYC just recently qualified. LA close. It can take a while. https://twitter.com/Michaeludine/status/1350868195066982401 …
      5 replies 17 retweets 140 likes
      Show this thread
    2. Thijs Niks‏ @thijsniks Jan 18

      To be honest though: I assume one of the spin-off effects Gurley expects from 3 decacorns is early employees using their stock option returns to reinvest in the ecosystem. Which doesn’t happen in Amsterdam, because Dutch companies are stingy.

      8 replies 5 retweets 70 likes
      Show this thread
    3. Thijs Niks‏ @thijsniks Jan 18

      Proposals for what the Netherlands could do to increase the number of (tech) startups often boil down to “more subsidies.” Instead, we should consider 3 systemic changes: ⁃ Incentivize stock compensation ⁃ Simplify corporate bankruptcy ⁃ Ban non-compete clauses

      4 replies 5 retweets 79 likes
      Show this thread
    4. Joost van derMandele‏ @vdmandele Jan 18
      Replying to @thijsniks

      Banning non-compete has two sides though: if you own important IP you want that protection wherever you settle. In any case, you should check out the (options) Market Maket business,where A'dam completely dominates and similar issues are at play.good legal and tax infra seems key

      2 replies 0 retweets 0 likes
      Thijs Niks‏ @thijsniks Jan 18
      Replying to @vdmandele

      Non-compete clauses increase the market power of large companies at the expense of new companies and employees. It’s one way for them to pay less salary. And tech, aerospace, and entertainment does very well without this kind of protectionism in California.

      10:48 AM - 18 Jan 2021
      • 2 Likes
      • Joel Basson Joost van derMandele
      2 replies 0 retweets 2 likes
        1. New conversation
        2. Thijs Niks‏ @thijsniks Jan 18
          Replying to @thijsniks @vdmandele

          I know the trading sector is growing in Amsterdam, but it doesn’t seem to create an entrepreneurial culture and ecosystem.

          2 replies 0 retweets 0 likes
        3. Thijs Niks‏ @thijsniks Jan 18
          Replying to @thijsniks @vdmandele

          If by “tax infra” you mean “tax haven,” I suppose that it works but is also a sign of weakness that we should fix over time. Strong countries don’t need to give money away.

          1 reply 0 retweets 0 likes
        4. Show replies
        1. New conversation
        2. Joost van derMandele‏ @vdmandele Jan 18
          Replying to @thijsniks

          all true, though in Tech it's much more difficult to hide IP than in trading I guess, so maybe you get sufficient protection from IP-laws already? Unsure really

          1 reply 0 retweets 0 likes
        3. Thijs Niks‏ @thijsniks Jan 18
          Replying to @vdmandele

          I have no idea what trading IP is actually, but find it hard to imagine more competition would be a problem :)

          0 replies 0 retweets 0 likes
        4. End of conversation

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