It's easy to forget how small the UK is, which leads to London centric commentary when people talk about the UK tech scene. In reality, a startup could be based comfortably outside of London where the cost of living and the cost of operating are a lot cheaper, creating not only a better deal for founders and employees, but investors money would be going where it's needed and not on rent or rates. I've recently had the opportunity to see what rents people are charging for office space at the moment and it's obscene.
The London investors will still be there. The talent in London is usually from somewhere else in the UK or Europe anyway. It's a cool city, but it's not as cool as having a successful startup of your very own.
The London investors will still be there. The talent in London is usually from somewhere else in the UK or Europe anyway. It's a cool city, but it's not as cool as having a successful startup of your very own.