Amsterdam: $87b Booking $65b Adyen $16b Takeawayhttps://twitter.com/bgurley/status/1350869336978690049 …
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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.
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Replying to @thijsniks
Really interesting discussion. However, plenty of people, inc engineers, have left booking with enough money and connections to reinvest into startups. Why that hasn’t really converted into unicorns is hard to say.
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Replying to @matseinarsen
Depends on what you consider “enough money” for angel investing. At a €10k ticket size, 30 investments, and 20% of net worth, you need about €1.5m to make it a reasonable thing to do. How many Booking people have that?
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Money is just one part of the puzzle though. Many SV angels are more interested in the prestige and access that comes with it, for example.
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