Earlier quoted context omitted.
The point the article is trying to make wrt immigration is that when the UK leaves the EU, it will also leave the free movement of workers zone, making it harder to attract immigrants, regardless of how London feels about them.
Immigration system for skilled workers is not going to change. If the UK actually does leave the EU, they'll replace EU rules of skilled immigration with something similar. The UK is a knowledge economy, it will always be open to skilled immigrants. Yet people actually believe that the UK will close down all immigration. It's absurd.
Berlin is now in a position to usurp London as the startup capital of Europe
111–120 of 149 posts
Re: Berlin is now in a position to usurp London as the startup capital of Europe
#112Earlier quoted context omitted.
I kinda agree with a 'cultural' factor - Europeans are often more risk-averse than Americans or Israeli's, and starting a startup is definitely risky! I'm not sure how the Nordic countries get around that though. A stronger social safety net is probably negatively correlated with risk-aversion.
I think you mean more risk-averse?
Re: Berlin is now in a position to usurp London as the startup capital of Europe
#113Earlier quoted context omitted.
Part of that is mobile games companies like Supercell with Clash of the Clans - https://en.wikipedia.org/wiki/Supercell_(video_game_company) ... Hay Day, Angry Birds and others. Basically out of the ashes of Nokia, a bunch of mobile gaming companies has sprung up and to some extent are dominating the industry - https://en.wikipedia.org/wiki/Category:Video_game_companies_... - more at https://techcrunch.com/2016/02/10…
King (Candy Crush), Mojang (Minecraft), Rovio (Angry Birds), CCP Games (Eve online), Supercell (Clash of Clans), Unity (game engine) ...
There are quite a bit of other game related successful ventures up in the north, DICE, Remedy, Nordic Games, Funcom and quite a few others come to mind.
Re: Berlin is now in a position to usurp London as the startup capital of Europe
#114Shouldn't we hope that something does? By all accounts, the house price situation in London has become bad enough that it's wiping out the middle class, which is very bad news; the rise of the middle class was a key factor in enabling the transition from feudal society to modern civilization. But while I'm here, I'll throw in a shameless plug: Dublin is still in the EU, and is an English-speaking capital city with mo…
Is housing any cheaper in Dublin?
Re: Berlin is now in a position to usurp London as the startup capital of Europe
#115Earlier quoted context omitted.
I don't understand your points about wages being too low in Berlin. If low wages are a problem for a start-up, what is keeping it from offering high wages, even in Berlin? On the other hand, I could imagine that start-ups would rather keep costs low, especially in the beginning. Then it would be a problem to be situated in a city like Zurich.
Investors may choose to invest with a company in a certain city, like Nashville or Berlin or Singapore, because wages are low. So if wages become a problem for the company, the investors stop being interested. There won't be money available to raise wages (for that, the investors will just go back to markets like NYC, Boston, or SF that they trust more). So from birth, companies based in these areas are predicated on…
Re: Berlin is now in a position to usurp London as the startup capital of Europe
#116Re: Berlin is now in a position to usurp London as the startup capital of Europe
#117Earlier quoted context omitted.
> If the UK actually does leave the EU, they'll replace EU rules of skilled immigration with something similar. Do you understand how EU freedom of movement works? As an EU citizen I can get on a plane tomorrow, and go to any other EU country, and work there. Skills or no skills. And if I'm not happy with my job there I can quit and get another without fear of being deported. And so on... A points-based system would…
it's actually 'freedom of movement for workers': if you lose your job and can't get another, and don't have the ability to support yourself independently then the host country is within its rights to deport you
This is far stronger than anything you can get via other immigration routes and such deportations of EU citizens are really rare.
Re: Berlin is now in a position to usurp London as the startup capital of Europe
#118Shouldn't we hope that something does? By all accounts, the house price situation in London has become bad enough that it's wiping out the middle class, which is very bad news; the rise of the middle class was a key factor in enabling the transition from feudal society to modern civilization. But while I'm here, I'll throw in a shameless plug: Dublin is still in the EU, and is an English-speaking capital city with mo…
> a pleasant climate I've heard that washing your car in Ireland is a non-issue; the climate takes care of that.
Re: Berlin is now in a position to usurp London as the startup capital of Europe
#119Re: Berlin is now in a position to usurp London as the startup capital of Europe
#120Brexit has really no direct consequence on startups.
With housing prices down and no worries about EU legislation, London would be a great place.
The only outstanding issue would be how the new EU worker visa program would work.
Neither London nor Berlin were huge on startups, this won't materially change anything.