Danny In The Valley

Plug and Play's Saeed Amidi: "We invest a little money, then pray a lot"

Danny In The Valley

The Sunday Times’ tech correspondent Danny Fortson brings on Saeed Amidi, founder of Plug and Play, one of the world’s largest startup accelerators, to talk about how he invests in 150 companies each year (2:50), chickening out of an Airbnb investment (4:10), arriving from Iran (7:50), starting a bottled water company (9:00), becoming an angel investor (11:40), investing in Google when it was just three people (12:45), his $100m payday from Dropbox (14:30), backing Peter Thiel at Paypal (16:05), investing judo (17:20), why accelerators help (20:30), his London plans (22:50), trying to find the Uber of insurance (25:30), the problem with tech tourism (28:40), on whether unicorns face extinction (32:05), if the Silicon Valley model can be exported (35:00), and why he likes to back immigrants and foreigners (36:55).

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