Everything Shaq (Shakil Khan) said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Khan: Uber won ride-hailing; Hailo VCs want immediate exit
“Halo is basically a London niche company funded by VCs who, if they could get an exit, would take their exit tomorrow and get out of the business, because Uber has won in that space.”
European Startups Adapt Better to City Expansion Than US Firms
“Look at the marketplace businesses, it's actually no longer about countries. It's cities, right? Which cities work and which cities don't work. And, you know, Istanbul is many thousands of miles away from here. And there's an entrepreneur probably go London, I…”
Shakil Khan: TransferWise Could Exceed Spotify and Skype in Scale
“TransferWise is doing an amazing job, and I hope this goes down as, you know, one of the biggest companies ever to come out of Europe, up there with Spotify and Skype, or bigger than even those companies.”
Khan: UK Lacks Multi-Billion Exits Needed for Capital Recycling
“We haven't had those major hit after hit of multi-billion dollar exits, whether in the private market or in the public markets, such as the Googles or the Facebook. So that trickle-down effect hasn't happened, and it'll be a while till it happens.”
Khan: London Bankers Are Less Active in Tech Investing Than Wall Street
“I think the London Financial Centre versus tech are two separate things apart from where fintech is involved. They seem like two very different industries, unlike Wall Street where a lot of investment bankers are active in investing in tech startups.”
Khan: Small-market European startups succeed by designing globally from day one
“Take a market like Sweden, the reason why Spotify partly has been successful was, from day one, the product was built to go global. The same thing with Skype, transfer-wise, a building for a global audience, because The local population is far too small to be …”
Khan: US market is far closer to UK than France is
“US is far similar to UK than France will ever be.”
Khan: Strong UK safety nets make the country less entrepreneurial than US
“The country has never been as entrepreneurial as the USA has, and there's a number of social reasons and governmental reasons. One, we've got even though people may complain, we have a pretty amazing welfare system here, and a pretty amazing healthcare system …”
Shakil Khan invested half his net worth into Spotify before product launched
“Ended up meeting Daniel Ek when he was 22 years old with an idea of Spotify, and I put half of my net worth into the company before there was a product.”
Khan: UK tech giants Rightmove and Zoopla scaled successfully without international expansion
“Some of our biggest online real estate companies are just UK only. Rightmove and Zoopla, two huge companies, have never really ventured outside the UK. You couldn't do that if you're from Estonia, or if you're from Finland, or if you're from Sweden.”