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Isn't there a question about whether PayPal's employees were great entrepreneurs or if they benefitted from network effects? Anyway, my impression is that the
by achompas 15y ago
Isn't there a question about whether PayPal's employees were great entrepreneurs or if they benefitted from network effects?
Anyway, my impression is that the NY startup scene consists of a lot of high-profile startups. Could someone explain to me why these (or any other) startups should aspire to be PayPal-esque, aside from being absurdly successful?
- jeremymims 15y agoHe means that New York needs a PayPal mafia. I think we already got one with DoubleClick which spawned off an incubator that did Gilt Groupe, 10gen, and Business insider so far. The Lerers are doing their part as well to reinvest in New York. But Chris is right that it won't hurt to have a few more. If Gilt Groupe sells or goes public, I expect we'll see this effect.