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Appsterdam: building a haven for app developers in Amsterdam

Mike Lee, formerly of Apple and Tapulous, has moved to Amsterdam and is looking to set up a new application development community. Lee left the US after he became disillusioned with how the country and the development community was headed. He was frustrated with not being able to afford heath insurance as a self-employed worker and was put off by the fast, money-focused lifestyle of Silicon Valley.

He chose Amsterdam for his new Appsterdam project after traveling the world looking at prospective cities. It has the right combination of affordability and is centrally located in Europe. Amsterdam, he notes, is already filled with creative and marketing people. He hopes to provide a pool of talented app developers. Lee already kicked off his Appsterdam project with a weekend of tours and has designated official hangouts where developers can collaborate. Local investor Floris van Alkemade is offering his support by establishing a seed fund that will provide investments of 10-50,000 EUR (US$14,000- $70,000) per company.