{"id":898,"date":"2022-12-01T11:39:22","date_gmt":"2022-12-01T10:39:22","guid":{"rendered":"https:\/\/techleap-design.nl\/techleap\/?p=898"},"modified":"2024-01-09T12:52:28","modified_gmt":"2024-01-09T11:52:28","slug":"how-binance-became-the-pioneers-of-web3-with-changpeng-zhao","status":"publish","type":"post","link":"https:\/\/techleap.nl\/blog\/how-binance-became-the-pioneers-of-web3-with-changpeng-zhao\/","title":{"rendered":"How Binance became the pioneers of Web3 with Changpeng Zhao"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lkcgd8fl-9ed45aed6c88a87bfe3ef6d3c2f9e554\">\n.avia-section.av-lkcgd8fl-9ed45aed6c88a87bfe3ef6d3c2f9e554{\nbackground-color:#ffffff;\nbackground-image:unset;\n}\n<\/style>\n<div id='header-blog'  class='avia-section av-lkcgd8fl-9ed45aed6c88a87bfe3ef6d3c2f9e554 alternate_color avia-section-default avia-no-border-styling  avia-builder-el-0  el_before_av_section  avia-builder-el-first  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><main  role=\"main\" itemprop=\"mainContentOfPage\"  class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-898'><div class='entry-content-wrapper clearfix'>\n<div class='flex_column_table av-6ucd-c8920507e494442a8aa09ca89b01e642 sc-av_one_half av-equal-height-column-flextable'><div  class='flex_column av-6ucd-c8920507e494442a8aa09ca89b01e642 av_one_half  avia-builder-el-1  el_before_av_one_half  avia-builder-el-first  first flex_column_table_cell av-equal-height-column av-align-middle  '     ><p><div  class='av-post-metadata-container av-lkcfu816-11e13a544ff90a1b6c46ed1453cccf7a av-metadata-container-align-left  avia-builder-el-2  el_before_av_heading  avia-builder-el-first  av-metadata-container-1'><div class='av-post-metadata-container-inner'><span class=\"av-post-metadata-content av-post-metadata-meta-content\"><span class=\"av-post-metadata-content av-post-metadata-modified\"><span class=\"av-post-metadata-modified-date\" >January 9, 2024<\/span><\/span><\/span><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lkcefi62-73ef83c21e81c488892f39a3089d16a3\">\n#top .av-special-heading.av-lkcefi62-73ef83c21e81c488892f39a3089d16a3{\npadding-bottom:10px;\n}\nbody .av-special-heading.av-lkcefi62-73ef83c21e81c488892f39a3089d16a3 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-lkcefi62-73ef83c21e81c488892f39a3089d16a3 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-lkcefi62-73ef83c21e81c488892f39a3089d16a3 av-special-heading-h1 blockquote modern-quote  avia-builder-el-3  el_after_av_post_metadata  avia-builder-el-last '><h1 class='av-special-heading-tag'  itemprop=\"headline\"  >How Binance became the pioneers of Web3 with Changpeng Zhao<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div><\/p><\/div><div class='av-flex-placeholder'><\/div><div  class='flex_column av-6k2db-7cad7babb1d6822dc12540cfec84ef27 av_one_half  avia-builder-el-4  el_after_av_one_half  avia-builder-el-last  flex_column_table_cell av-equal-height-column av-align-middle  '     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-llnh9t4h-adabcebb48c0ee4c5ad59db8b0e40154\">\n.avia-image-container.av-llnh9t4h-adabcebb48c0ee4c5ad59db8b0e40154 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-llnh9t4h-adabcebb48c0ee4c5ad59db8b0e40154 .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-llnh9t4h-adabcebb48c0ee4c5ad59db8b0e40154 av-styling- avia-align-center  avia-builder-el-5  avia-builder-el-no-sibling '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" fetchpriority=\"high\" class='wp-image-4671 avia-img-lazy-loading-not-4671 avia_image ' src=\"https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2022\/12\/Binance-1.webp\" alt='' title='Binance 1'  height=\"634\" width=\"845\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2022\/12\/Binance-1.webp 1600w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2022\/12\/Binance-1-300x225.webp 300w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2022\/12\/Binance-1-1030x773.webp 1030w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2022\/12\/Binance-1-768x576.webp 768w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2022\/12\/Binance-1-1020x765.webp 1020w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2022\/12\/Binance-1-1500x1125.webp 1500w\" sizes=\"(max-width: 845px) 100vw, 845px\" \/><\/div><\/div><\/div><\/div><\/div><!--close column table wrapper. Autoclose: 1 -->\n\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-16dbm6-4aa979c1e359788ae6906cd3e09c060f\">\n.avia-section.av-16dbm6-4aa979c1e359788ae6906cd3e09c060f{\nbackground-color:#ffffff;\nbackground-image:unset;\n}\n<\/style>\n<div id='blog-row1-3-1'  class='avia-section av-16dbm6-4aa979c1e359788ae6906cd3e09c060f alternate_color avia-section-default avia-no-border-styling  avia-builder-el-6  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-898'><div class='entry-content-wrapper clearfix'>\n<div  class='flex_column av-10vyoe-cad53da60de876b0e60244cdb43f694c av_one_fifth  avia-builder-el-7  el_before_av_three_fifth  avia-builder-el-first  first flex_column_div  '     ><\/div><div  class='flex_column av-wp7za-87fe590ff57011029116ced466c894cf av_three_fifth  avia-builder-el-8  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div  '     ><section  class='av_textblock_section av-r9292-4d6bd49f08aac9ef140b91595a57af84 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h4>The story of Binance is incredibly unique. This isn\u2019t an instance of a startup finding its own place in an established market sector, rather, Binance has pioneered the development of a brand new market, laying the foundations for the rapid rise of Web3. In the latest episode of the Scale Lab Podcast, we spoke to Binance CEO Changpeng Zhao about how the business has helped open up the world of Web3 and cryptocurrency, and the unique challenges and responsibilities of being at the forefront of a sector that is ready to revolutionise our daily lives.<\/h4>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-myvbq-f7fdfd67ba7b7695d058113cb46f8d3d\">\n#top .hr.hr-invisible.av-myvbq-f7fdfd67ba7b7695d058113cb46f8d3d{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-myvbq-f7fdfd67ba7b7695d058113cb46f8d3d hr-invisible  avia-builder-el-10  el_after_av_textblock  el_before_av_sidebar '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='avia-builder-widget-area clearfix  avia-builder-el-11  el_after_av_hr  el_before_av_hr '><div id=\"avia_auto_toc-2\" class=\"widget clearfix avia-widget-container avia_auto_toc avia_no_block_preview\"><div class=\"avia-preview-headline\">techleap Table of Contents<\/div><div class=\"avia-preview-info\">Title: <\/div><div class=\"avia-preview-in-front\">Table can only be rendered in frontend.<\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-70ad73580b67a6d3bcd1314c7c33e26e\">\n#top .hr.hr-invisible.av-av_hr-70ad73580b67a6d3bcd1314c7c33e26e{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-av_hr-70ad73580b67a6d3bcd1314c7c33e26e hr-invisible  avia-builder-el-12  el_after_av_sidebar  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-llevpbqw-984ebd1b4aa77b3879fd99db00c84b92 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h3>Listen to the episode<\/h3>\n<div>The podcast episode is available on major listening platforms: <a href=\"https:\/\/open.spotify.com\/episode\/5lS2hlzpX6GF7zbaB6ccgt?si=U5LApcEHS3aZSStRdKu2Fg\" target=\"_blank\" rel=\"noopener\">Spotify<\/a>, <a href=\"https:\/\/podcasts.apple.com\/nl\/podcast\/episode-25-cz-founder-and-ceo-of-binance-explains\/id1558100523?i=1000584524774\" target=\"_blank\" rel=\"noopener\">Apple Podcasts<\/a>, <a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9hbmNob3IuZm0vcy8zZTQ5NmNlOC9wb2RjYXN0L3Jzcw\/episode\/OWNlMzc0ZTktMGYzZS00MjQyLTk5MDgtY2VkODhkZGRkODdj?sa=X&amp;ved=0CAUQkfYCahcKEwiYq92-uvKAAxUAAAAAHQAAAAAQAQ\" target=\"_blank\" rel=\"noopener\">Google Podcasts<\/a>,\u00a0<a href=\"https:\/\/pca.st\/9qlqw3yq\" target=\"_blank\" rel=\"noopener\">Pocket Casts<\/a>.<\/div>\n<\/div><\/section><\/p><\/div><div  class='flex_column av-91tim-3e484571e80bc5db9b4916a31c6e6050 av_one_fifth  avia-builder-el-14  el_after_av_three_fifth  avia-builder-el-last  flex_column_div  '     ><\/div><\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-7g70i-fab5d5a77615ce5c08f0b5b126f29c2d\">\n.avia-section.av-7g70i-fab5d5a77615ce5c08f0b5b126f29c2d{\nbackground-color:#ffffff;\nbackground-image:unset;\n}\n<\/style>\n<div id='content-blog'  class='avia-section av-7g70i-fab5d5a77615ce5c08f0b5b126f29c2d alternate_color avia-section-default avia-no-border-styling  avia-builder-el-15  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-898'><div class='entry-content-wrapper clearfix'>\n<section  class='av_textblock_section av-llexpp93-d21ed1503d267de88c84d79f340baa41 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><div class=\"c\">\n<div class=\"modular-text section\" data-section=\"How did you experience the process of finding the ultimate pizza recipe that you could scale for Magioni?\">\n<div class=\"c\">\n<div class=\"modular-text section\" data-section=\"Looking back, what was the first MVP of a VanMoof bike and how did you know you have a product-market fit?\">\n<div class=\"c\">\n<div class=\"modular-text section\" data-section=\"It seems like you have developed different functionalities before you could actually go to market. Is that true? \">\n<div class=\"c\">\n<div class=\"modular-text section\" data-section=\"&#091;00:01:13&#093; Constantijn: What is the edgiest thing that happened in BUX? \">\n<div class=\"c\">\n<h3>How do you build something that grows so fast in an environment where trust still needs to be established?<\/h3>\n<\/div>\n<p><strong>00:03:06 &#8211;<\/strong> \u201cTrust is one of the key pillars for number one, our growth and number two, our stability.<\/p>\n<p>\u201cWe started as a crypto-to-crypto exchange, meaning people would deposit Bitcoin via the blockchain, trade in Ethereum and then withdraw by the blockchain. Guess what? That works anywhere. The internet is no longer tied to a location, there&#8217;s no concept of a boundary.<\/p>\n<p>\u201cOur products are quite simple in the sense that there&#8217;s a green button to buy, there&#8217;s a red button to sell, and the rest is mostly just numbers. So it is quite easy for international users, I think we&#8217;re one of the very few platforms, thanks to blockchain technology, that grew in 180 countries from day one<\/p>\n<p>\u201cWe launched our platform and there was a very high demand for trust. We were very transparent, very open, we protected the users very well, many times it cost us a lot of money but we made those decisions.\u201d<\/p>\n<\/div>\n<h3>Can you give us some examples of the big decisions you made that contributed to your global growth?<\/h3>\n<p><strong>00:05:23 &#8211;<\/strong> \u201cWe started on July 14th, 2017, by September 4th of that year China issued a memo signed by seven ministers saying that crypto exchanges are no longer allowed in China.<\/p>\n<p>\u201cAnybody who&#8217;s done an ICO, if the price is below the ICO price, they need to return the money to investors. So this is six weeks into our launch, we did an ICO in July, and we raised $15m equivalent in Bitcoin. Luckily we issued a coin called BNB. At that point it was already six times the issuing price, and no one wants to return $6 for $1.<\/p>\n<p>\u201cBut as an exchange platform, we helped facilitate four other ICOs. Because of that news, all of those token prices dropped and those projects didn\u2019t have enough money to make the investors whole. So we asked how much do we have? We calculated a difference for the users on our platform. The difference was $6m.<\/p>\n<p>\u201cWe said, should we use our money to cover this? It was a very quick meeting, I was actually on a train. That&#8217;s the single largest spend in our corporate history percentage-wise. That was more than 40% of our treasury in one go, but we said this is the right thing to do, we have to protect our users.\u201d<\/p>\n<h3>These kinds of decisions must impact your company culture. What were the biggest lessons you drew from them at the time?<\/h3>\n<p><strong>00:11:44 &#8211;<\/strong> \u201cWhen the China incident happened, we had about 30,000 users already, but we were not profitable. A month after that situation, we went to 120,000 users and we became profitable.<\/p>\n<p>\u201cWe learned that we\u2019ve just got to protect our users and then the rest of the value will come. We don&#8217;t need to make money short term. Still today, our number one value inside the company is protecting users.<\/p>\n<p>\u201cFor example, very recently there was an airdrop on a coin. Because we had 100 million users at that time, the trading started and finished 12 minutes later. So there&#8217;s a portion of users who didn&#8217;t get the balance and they couldn&#8217;t sell, and a bunch of users complained<\/p>\n<p>\u201cOur customer support teams asked if we should negotiate compensation with our users. Was it our fault? Yes, because our program did not finish in time. We said well, then we should compensate. It was going to cost us $28m but our principle is to protect our users.<\/p>\n<p>\u201cWhen you care about your users, many of the decisions will cost a lot of money. But in the long term, you also generate a lot of value and a lot of goodwill.\u201d<\/p>\n<h3>When you look at the early days, how did you make decisions on people?<\/h3>\n<p>00:15:22 &#8211; \u201cI knew I was weak in marketing, but our co-founder and CMO, she&#8217;s very strong. I had to convince her to join us and it was very expensive in terms of equity. But you know, those are the situations where you need this talent.<\/p>\n<p>\u201cAt the time, she was working for one of the top Internet companies in China. If you say the top ten CMOs in China, she&#8217;s probably one of them. If female CMOs, she&#8217;s the top one. If you say under 30, she&#8217;s probably the only one. So I had to carve out a decent chunk of equity and do a lot of other stuff, but she joined and it was totally worth it.<\/p>\n<p>\u201cWe like to hire people who are grassroots, more down to earth, more entrenched in the community, and who know what&#8217;s going on without having reports or data. We like to make decisions by talking to our users, so we like that type of street-smart mentality.<\/p>\n<h3>As a global company, how do you embed your culture as you continue growing?<\/h3>\n<p>00:21:00 &#8211; \u201cWe actually found out that working remotely didn&#8217;t decrease productivity. We have users from 180 different countries and our exchange never shuts down. So we actually need people to be online at different hours.<\/p>\n<p>\u201cWe started hiring deliberately in different time zones. I was born in China, grew up in Canada, worked in Tokyo, and then New York. So Canada is also an immigrant country where many different nationalities and ethnicities are mixed together. I like that type of international mix. Having that background and mentality makes it easier for me to hire people internationally.<\/p>\n<p>\u201cWhen you work remotely, you can&#8217;t micromanage people, you have to manage by results. It&#8217;s actually more efficient.\u201d<\/p>\n<h3>Can you give us a sense of the scale that you\u2019re operating at now?<\/h3>\n<p><strong>00:33:30 &#8211;<\/strong> \u201cSo employee-wise we have about 7000 people globally and that&#8217;s a small team for the scale of business we do. We have about 120 million users today and in 2021, our platform transaction volume was $34tn. I believe we hold more user assets than any bank in the world.\u201d<\/p>\n<h3>So the phase you\u2019re in, growing the market as a whole is actually more important than adding individual users?<\/h3>\n<p><strong> 00:35:24 &#8211;<\/strong> \u201cWe&#8217;re very lucky that we&#8217;re the dominant player in this space. So for us, taking market share away from a smaller exchange doesn&#8217;t move the needle. Maybe we\u2019ll grow by 1% or 2%, but today, if we can help grow the industry by five or ten times, we will grow pretty much proportional to that.\u201d<\/p>\n<h3>What are the strategies that you\u2019ll deploy to grow that market?<\/h3>\n<p><strong>00:38:13 &#8211;<\/strong> \u201cIn my view, the thing we need is education. It\u2019s a fantastic technology and is a technology that if people don&#8217;t embrace, they&#8217;ll be left behind. We&#8217;re in a very fortunate situation where this is going to be a hugely explosive growth industry.<\/p>\n<p>\u201cMany people have misconceptions about our industry. The internet had similar problems, but we&#8217;re talking about money, so there&#8217;s a lot more pushback. There are a lot more negative narratives from traditional mainstream media, so we need to get the information out there. This technology is neutral. Technology is never criminal. There are criminals using this technology, but much less so than criminals using traditional money.<\/p>\n<p>\u201cThere are many good people using this technology. There are tremendous benefits. You can help local economies, you can help local entrepreneurs to raise money, you can help local artists to sell their art globally using NFTs and you can do global investments.\u201d<\/p>\n<h3>For a startup founder today, what advice would you give when it comes to raising capital?<\/h3>\n<p><strong>00:46:42 &#8211;<\/strong> \u201cI think if you&#8217;re an entrepreneur today and you&#8217;re not looking at tokens, you are missing out. You\u2019re reducing your chances of success by at least 10x.<\/p>\n<p>\u201cToday in the Web3 space, any project with a decent founder, with a good team, even pre product, they can raise $10\/20m. If you compare that to traditional VC fundraising, the first round is maybe $1m, the next one maybe $5m, and each run is like six months apart.\u201d<\/p>\n<h3>What words of advice would you give to entrepreneurs trying to build something right now?<\/h3>\n<p><strong>00:52:35 &#8211;<\/strong> \u201cI think entrepreneurship is one of the most demanding things to do, but it&#8217;s also one of the most rewarding. So it has to be in your personality. You have to enjoy it.<\/p>\n<p>\u201cIf you just want to make money, you usually do not have enough enjoyment or passion to last through all the other roadblocks. So you have to have a higher purpose.<\/p>\n<p>\u201cManage risks, there is a very high rate of failure, so don&#8217;t push it all in. Don&#8217;t scale before you have product market fit. Don&#8217;t scale before you have that native churn.\u201d<\/p>\n<h3>What was the purpose you found for yourself in this process?<\/h3>\n<p><strong>00:54:01 &#8211;<\/strong> \u201cI could retire and sit on a beach, play golf, but all of those things get boring very quickly. I realised that what I&#8217;m doing is already the most meaningful thing I could be doing with my life. We&#8217;re helping millions of people have access to better money, better technology.<\/p>\n<p>\u201cThere&#8217;s nothing else I can do that&#8217;s more impactful, more meaningful for me. So I don&#8217;t view this as work, I feel very lucky to be in this position.\u201d<\/p>\n<p>Listen CZ&#8217;s complete episode in the Scale Lab here on Spotify, Apple Podcasts, or any other preferred podcast platform.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"c\">\n<div><\/div>\n<\/div>\n<div class=\"c\">\n<div class=\"text\">\n<div class=\"big\"><\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<div class=\"c\"><\/div>\n<\/div><\/section>\n<\/p>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-y4776-801271c93e40abe7b58dc171ffd67a80\">\n.avia-section.av-y4776-801271c93e40abe7b58dc171ffd67a80{\nbackground-color:#ffffff;\nbackground-image:unset;\n}\n<\/style>\n<div id='content-blog-2c'  class='avia-section av-y4776-801271c93e40abe7b58dc171ffd67a80 alternate_color avia-section-default avia-no-border-styling  avia-builder-el-17  el_after_av_section  el_before_av_section  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-898'><div class='entry-content-wrapper clearfix'>\n<div class='flex_column_table av-rifsa-d4b2d7313bba1740b41826e7f85b4ba4 sc-av_one_half av-equal-height-column-flextable'><div  class='flex_column av-rifsa-d4b2d7313bba1740b41826e7f85b4ba4 av_one_half  avia-builder-el-18  el_before_av_one_half  avia-builder-el-first  first flex_column_table_cell av-equal-height-column av-align-middle  '     ><section  class='av_textblock_section av-bpajo-6bba740232374d26ec194d2ec593dec0 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h3>Curious to hear the whole story? Listen to the whole episode now on Spotify, Apple Podcasts, or Anchor.<\/h3>\n<div class=\"big\"><\/div>\n<\/div><\/section><br \/>\n<div  class='avia-button-wrap av-llf2ww7q-588a8a7587e4d98b76c20b9f136bc0ce-wrap avia-button-left  avia-builder-el-20  el_after_av_textblock  avia-builder-el-last  tl-custom-bt-or'>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-llf2ww7q-588a8a7587e4d98b76c20b9f136bc0ce\">\n#top #wrap_all .avia-button.av-llf2ww7q-588a8a7587e4d98b76c20b9f136bc0ce{\nfont-size:17px;\nborder-style:none;\nborder-radius:0 0 0 0;\nbox-shadow:none;\ntransition:all 0.4s ease-in-out;\npadding:11px 26px 11px 26px;\n}\n#top #wrap_all .avia-button.av-llf2ww7q-588a8a7587e4d98b76c20b9f136bc0ce:hover{\ncolor:black;\nopacity:1;\ntransition:all 0.4s ease-in-out;\n}\n#top #wrap_all.avia-button.av-llf2ww7q-588a8a7587e4d98b76c20b9f136bc0ce:hover .avia_button_background{\nborder-radius:0 0 0 0;\n}\n<\/style>\n<a href=\"https:\/\/podcasters.spotify.com\/pod\/show\/techleapnl\/episodes\/Episode-25-CZ--founder-and-CEO-of-Binance--explains-in-The-Scale-Lab-podcast-how-he-grew-the-company-into-the-worlds-largest-cryptocurrency-exchange-by-trading-volume-e1q10uu\" class=\"avia-button av-llf2ww7q-588a8a7587e4d98b76c20b9f136bc0ce avia-icon_select-no avia-size-large avia-position-left avia-color-theme-color-highlight avia-font-color-black\" target=\"_blank\" rel=\"noopener noreferrer\"><span class='avia_iconbox_title' >Listen now<\/span><span class='avia_button_background avia-button avia-color-theme-color-highlight' ><\/span><\/a><\/div><\/p><\/div><div class='av-flex-placeholder'><\/div><div  class='flex_column av-iqgsa-7d396a9f8d54d00b3be3bfe267ab27d0 av_one_half  avia-builder-el-21  el_after_av_one_half  avia-builder-el-last  flex_column_table_cell av-equal-height-column av-align-middle  '     ><style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-lq0sfroc-41851dcecf20261d1285853e63953aaa\">\n.avia-image-container.av-lq0sfroc-41851dcecf20261d1285853e63953aaa img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-lq0sfroc-41851dcecf20261d1285853e63953aaa .av-image-caption-overlay-center{\ncolor:#ffffff;\n}\n<\/style>\n<div  class='avia-image-container av-lq0sfroc-41851dcecf20261d1285853e63953aaa av-styling- avia-align-center  avia-builder-el-22  avia-builder-el-no-sibling '   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" fetchpriority=\"high\" class='wp-image-3211 avia-img-lazy-loading-not-3211 avia_image ' src=\"https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2021\/11\/Welcome-to-The-Scale-Lab-5.webp\" alt='' title='Welcome to The Scale Lab 5'  height=\"900\" width=\"1600\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2021\/11\/Welcome-to-The-Scale-Lab-5.webp 1600w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2021\/11\/Welcome-to-The-Scale-Lab-5-300x169.webp 300w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2021\/11\/Welcome-to-The-Scale-Lab-5-1030x579.webp 1030w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2021\/11\/Welcome-to-The-Scale-Lab-5-768x432.webp 768w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2021\/11\/Welcome-to-The-Scale-Lab-5-1020x574.webp 1020w, https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2021\/11\/Welcome-to-The-Scale-Lab-5-1500x844.webp 1500w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/div><\/div><\/div><\/div><\/div><!--close column table wrapper. Autoclose: 1 -->\n\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-fmwky-73b3ea611945b555f971d51450acbb52\">\n.avia-section.av-fmwky-73b3ea611945b555f971d51450acbb52{\nbackground-color:#ffffff;\nbackground-image:unset;\n}\n<\/style>\n<div id='related-posts'  class='avia-section av-fmwky-73b3ea611945b555f971d51450acbb52 alternate_color avia-section-default avia-no-border-styling  avia-builder-el-23  el_after_av_section  avia-builder-el-last  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-898'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-8ols2-7448d3a07739f7ac87ab598bbdafb3cd\">\n#top .av-special-heading.av-8ols2-7448d3a07739f7ac87ab598bbdafb3cd{\npadding-bottom:40px;\n}\nbody .av-special-heading.av-8ols2-7448d3a07739f7ac87ab598bbdafb3cd .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-8ols2-7448d3a07739f7ac87ab598bbdafb3cd .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-8ols2-7448d3a07739f7ac87ab598bbdafb3cd av-special-heading-h2 blockquote modern-quote modern-centered  avia-builder-el-24  el_before_av_postslider  avia-builder-el-first '><h2 class='av-special-heading-tag'  itemprop=\"headline\"  >Related articles<\/h2><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n<div  data-slideshow-options=\"{&quot;animation&quot;:&quot;fade&quot;,&quot;autoplay&quot;:true,&quot;loop_autoplay&quot;:&quot;endless&quot;,&quot;interval&quot;:&quot;7&quot;,&quot;loop_manual&quot;:&quot;manual-endless&quot;,&quot;autoplay_stopper&quot;:false,&quot;noNavigation&quot;:false,&quot;show_slide_delay&quot;:90}\" class='avia-content-slider avia-content-slider-active avia-content-slider1 avia-content-slider-odd  avia-builder-el-25  el_after_av_heading  avia-builder-el-last  av-slideshow-ui av-control-default   av-no-slider-navigation av-slideshow-autoplay av-loop-endless av-loop-manual-endless '  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/Blog\" ><div class=\"avia-content-slider-inner\"><div class=\"slide-entry-wrap\"><article class='slide-entry flex_column  post-entry post-entry-4846 slide-entry-overview slide-loop-1 slide-parity-odd  av_one_third first real-thumbnail posttype-post post-format-standard'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><a href=\"https:\/\/techleap.nl\/blog\/prinsjesdag-2023-key-takeaways-from-budget-day-for-the-dutch-startup-and-scaleup-community\/\" data-rel=\"slide-1\" class=\"slide-image\" title=\"Prinsjesdag 2023: Key takeaways from Budget Day for the Dutch startup and scaleup community\"><img decoding=\"async\" fetchpriority=\"high\" width=\"495\" height=\"400\" src=\"https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2023\/12\/Prinsjesdag-2023-495x400.webp\" class=\"wp-image-4848 avia-img-lazy-loading-not-4848 attachment-portfolio size-portfolio wp-post-image\" alt=\"\" \/><\/a><div class=\"slide-content\"><header class=\"entry-content-header\"><h3 class='slide-entry-title entry-title '  itemprop=\"headline\" ><a href=\"https:\/\/techleap.nl\/blog\/prinsjesdag-2023-key-takeaways-from-budget-day-for-the-dutch-startup-and-scaleup-community\/\" title=\"Prinsjesdag 2023: Key takeaways from Budget Day for the Dutch startup and scaleup community\">Prinsjesdag 2023: Key takeaways from Budget Day for the Dutch startup and scaleup community<\/a><\/h3><span class=\"av-vertical-delimiter\"><\/span><\/header><div class=\"slide-meta\"><time class='slide-meta-time updated'  itemprop=\"datePublished\" datetime=\"2023-09-25T12:31:47+02:00\" >September 25, 2023<\/time><div class=\"slide-meta-del\">\/<\/div><div class=\"slide-meta-comments\"><a href=\"https:\/\/techleap.nl\/blog\/prinsjesdag-2023-key-takeaways-from-budget-day-for-the-dutch-startup-and-scaleup-community\/#respond\">0 Comments<\/a><\/div><\/div><div class='slide-entry-excerpt entry-content'  itemprop=\"text\" ><div class=\"read-more-link\"><a href=\"https:\/\/techleap.nl\/blog\/prinsjesdag-2023-key-takeaways-from-budget-day-for-the-dutch-startup-and-scaleup-community\/\" class=\"more-link\">Read more<span class=\"more-link-arrow\"><\/span><\/a><\/div><\/div><\/div><footer class=\"entry-footer\"><\/footer><span class='hidden'>\n\t\t\t\t<span class='av-structured-data'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" >\n\t\t\t\t\t\t<span itemprop='url'>https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2023\/12\/Prinsjesdag-2023.webp<\/span>\n\t\t\t\t\t\t<span itemprop='height'>1133<\/span>\n\t\t\t\t\t\t<span itemprop='width'>1600<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t<span class='av-structured-data'  itemprop=\"publisher\" itemtype=\"https:\/\/schema.org\/Organization\" itemscope=\"itemscope\" >\n\t\t\t\t\t\t<span itemprop='name'>Sylvie<\/span>\n\t\t\t\t\t\t<span itemprop='logo' itemscope itemtype='https:\/\/schema.org\/ImageObject'>\n\t\t\t\t\t\t\t<span itemprop='url'>https:\/\/techleap-design.nl\/techleap\/wp-content\/uploads\/sites\/2\/2023\/11\/Techleap_Logo_BrandBlack_Techleap_Logo_Reversed.svg<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/span><span class='av-structured-data'  itemprop=\"author\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/Person\" ><span itemprop='name'>Sylvie<\/span><\/span><span class='av-structured-data'  itemprop=\"datePublished\" datetime=\"2022-12-01T11:39:22+01:00\" >2023-09-25 12:31:47<\/span><span class='av-structured-data'  itemprop=\"dateModified\" itemtype=\"https:\/\/schema.org\/dateModified\" >2024-03-25 13:01:01<\/span><span class='av-structured-data'  itemprop=\"mainEntityOfPage\" itemtype=\"https:\/\/schema.org\/mainEntityOfPage\" ><span itemprop='name'>Prinsjesdag 2023: Key takeaways from Budget Day for the Dutch startup and scaleup community<\/span><\/span><\/span><\/article><article class='slide-entry flex_column  post-entry post-entry-887 slide-entry-overview slide-loop-2 slide-parity-even  av_one_third  real-thumbnail posttype-post post-format-standard'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><a href=\"https:\/\/techleap.nl\/blog\/from-a-submarine-engineer-to-a-successful-ceo-how-sid-sijbrandij-redefined\/\" data-rel=\"slide-1\" class=\"slide-image\" title=\"From a submarine engineer to a successful CEO: How Sid Sijbrandij redefined the world of SaaS with GitLab\"><img decoding=\"async\" fetchpriority=\"high\" width=\"495\" height=\"400\" src=\"https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2023\/08\/GitLab-1-495x400.webp\" class=\"wp-image-4118 avia-img-lazy-loading-not-4118 attachment-portfolio size-portfolio wp-post-image\" alt=\"\" \/><\/a><div class=\"slide-content\"><header class=\"entry-content-header\"><h3 class='slide-entry-title entry-title '  itemprop=\"headline\" ><a href=\"https:\/\/techleap.nl\/blog\/from-a-submarine-engineer-to-a-successful-ceo-how-sid-sijbrandij-redefined\/\" title=\"From a submarine engineer to a successful CEO: How Sid Sijbrandij redefined the world of SaaS with GitLab\">From a submarine engineer to a successful CEO: How Sid Sijbrandij redefined the world of SaaS with GitLab<\/a><\/h3><span class=\"av-vertical-delimiter\"><\/span><\/header><div class=\"slide-meta\"><time class='slide-meta-time updated'  itemprop=\"datePublished\" datetime=\"2023-08-23T12:13:30+02:00\" >August 23, 2023<\/time><div class=\"slide-meta-del\">\/<\/div><div class=\"slide-meta-comments\"><a href=\"https:\/\/techleap.nl\/blog\/from-a-submarine-engineer-to-a-successful-ceo-how-sid-sijbrandij-redefined\/#respond\">0 Comments<\/a><\/div><\/div><div class='slide-entry-excerpt entry-content'  itemprop=\"text\" ><div class=\"read-more-link\"><a href=\"https:\/\/techleap.nl\/blog\/from-a-submarine-engineer-to-a-successful-ceo-how-sid-sijbrandij-redefined\/\" class=\"more-link\">Read more<span class=\"more-link-arrow\"><\/span><\/a><\/div><\/div><\/div><footer class=\"entry-footer\"><\/footer><span class='hidden'>\n\t\t\t\t<span class='av-structured-data'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" >\n\t\t\t\t\t\t<span itemprop='url'>https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2023\/08\/GitLab-1.webp<\/span>\n\t\t\t\t\t\t<span itemprop='height'>1133<\/span>\n\t\t\t\t\t\t<span itemprop='width'>1600<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t<span class='av-structured-data'  itemprop=\"publisher\" itemtype=\"https:\/\/schema.org\/Organization\" itemscope=\"itemscope\" >\n\t\t\t\t\t\t<span itemprop='name'>Sylvie<\/span>\n\t\t\t\t\t\t<span itemprop='logo' itemscope itemtype='https:\/\/schema.org\/ImageObject'>\n\t\t\t\t\t\t\t<span itemprop='url'>https:\/\/techleap-design.nl\/techleap\/wp-content\/uploads\/sites\/2\/2023\/11\/Techleap_Logo_BrandBlack_Techleap_Logo_Reversed.svg<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/span><span class='av-structured-data'  itemprop=\"author\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/Person\" ><span itemprop='name'>Sylvie<\/span><\/span><span class='av-structured-data'  itemprop=\"datePublished\" datetime=\"2022-12-01T11:39:22+01:00\" >2023-08-23 12:13:30<\/span><span class='av-structured-data'  itemprop=\"dateModified\" itemtype=\"https:\/\/schema.org\/dateModified\" >2023-12-21 15:48:01<\/span><span class='av-structured-data'  itemprop=\"mainEntityOfPage\" itemtype=\"https:\/\/schema.org\/mainEntityOfPage\" ><span itemprop='name'>From a submarine engineer to a successful CEO: How Sid Sijbrandij redefined the world of SaaS with GitLab<\/span><\/span><\/span><\/article><article class='slide-entry flex_column  post-entry post-entry-848 slide-entry-overview slide-loop-3 slide-parity-odd  post-entry-last  av_one_third  real-thumbnail posttype-post post-format-standard'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><a href=\"https:\/\/techleap.nl\/blog\/12-things-you-should-know-about-adyens-success-story-podcast-with-pieter-van-der-does-ceo-at-adyen\/\" data-rel=\"slide-1\" class=\"slide-image\" title=\"12 things you should know about Adyen\u2019s success story &#8211; podcast with Pieter van der Does, CEO at Adyen\"><img decoding=\"async\" fetchpriority=\"high\" width=\"495\" height=\"400\" src=\"https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2023\/08\/Adyen-1-495x400.webp\" class=\"wp-image-4232 avia-img-lazy-loading-not-4232 attachment-portfolio size-portfolio wp-post-image\" alt=\"\" \/><\/a><div class=\"slide-content\"><header class=\"entry-content-header\"><h3 class='slide-entry-title entry-title '  itemprop=\"headline\" ><a href=\"https:\/\/techleap.nl\/blog\/12-things-you-should-know-about-adyens-success-story-podcast-with-pieter-van-der-does-ceo-at-adyen\/\" title=\"12 things you should know about Adyen\u2019s success story &#8211; podcast with Pieter van der Does, CEO at Adyen\">12 things you should know about Adyen\u2019s success story &#8211; podcast with Pieter van der Does, CEO at Adyen<\/a><\/h3><span class=\"av-vertical-delimiter\"><\/span><\/header><div class=\"slide-meta\"><time class='slide-meta-time updated'  itemprop=\"datePublished\" datetime=\"2023-08-17T13:52:42+02:00\" >August 17, 2023<\/time><div class=\"slide-meta-del\">\/<\/div><div class=\"slide-meta-comments\"><a href=\"https:\/\/techleap.nl\/blog\/12-things-you-should-know-about-adyens-success-story-podcast-with-pieter-van-der-does-ceo-at-adyen\/#respond\">0 Comments<\/a><\/div><\/div><div class='slide-entry-excerpt entry-content'  itemprop=\"text\" ><div class=\"read-more-link\"><a href=\"https:\/\/techleap.nl\/blog\/12-things-you-should-know-about-adyens-success-story-podcast-with-pieter-van-der-does-ceo-at-adyen\/\" class=\"more-link\">Read more<span class=\"more-link-arrow\"><\/span><\/a><\/div><\/div><\/div><footer class=\"entry-footer\"><\/footer><span class='hidden'>\n\t\t\t\t<span class='av-structured-data'  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" >\n\t\t\t\t\t\t<span itemprop='url'>https:\/\/techleap.nl\/wp-content\/uploads\/sites\/2\/2023\/08\/Adyen-1.webp<\/span>\n\t\t\t\t\t\t<span itemprop='height'>1133<\/span>\n\t\t\t\t\t\t<span itemprop='width'>1600<\/span>\n\t\t\t\t<\/span>\n\t\t\t\t<span class='av-structured-data'  itemprop=\"publisher\" itemtype=\"https:\/\/schema.org\/Organization\" itemscope=\"itemscope\" >\n\t\t\t\t\t\t<span itemprop='name'>Sylvie<\/span>\n\t\t\t\t\t\t<span itemprop='logo' itemscope itemtype='https:\/\/schema.org\/ImageObject'>\n\t\t\t\t\t\t\t<span itemprop='url'>https:\/\/techleap-design.nl\/techleap\/wp-content\/uploads\/sites\/2\/2023\/11\/Techleap_Logo_BrandBlack_Techleap_Logo_Reversed.svg<\/span>\n\t\t\t\t\t\t<\/span>\n\t\t\t\t<\/span><span class='av-structured-data'  itemprop=\"author\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/Person\" ><span itemprop='name'>Sylvie<\/span><\/span><span class='av-structured-data'  itemprop=\"datePublished\" datetime=\"2022-12-01T11:39:22+01:00\" >2023-08-17 13:52:42<\/span><span class='av-structured-data'  itemprop=\"dateModified\" itemtype=\"https:\/\/schema.org\/dateModified\" >2023-12-20 18:00:11<\/span><span class='av-structured-data'  itemprop=\"mainEntityOfPage\" itemtype=\"https:\/\/schema.org\/mainEntityOfPage\" ><span itemprop='name'>12 things you should know about Adyen\u2019s success story &#8211; podcast with Pieter van der Does, CEO at Adyen<\/span><\/span><\/span><\/article><\/div><\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":4671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[45],"acf":[],"_links":{"self":[{"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/posts\/898"}],"collection":[{"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/comments?post=898"}],"version-history":[{"count":14,"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/posts\/898\/revisions"}],"predecessor-version":[{"id":5440,"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/posts\/898\/revisions\/5440"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/media\/4671"}],"wp:attachment":[{"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/media?parent=898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/categories?post=898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techleap.nl\/wp-json\/wp\/v2\/tags?post=898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}