The European startup ecosystem arrived
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The European startup ecosystem arrived
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Re: The European startup ecosystem arrived
#2The first comment is correct - this is the UK scene more than the european scene.
My real problem with the UK scene is the relative lack of talent available to startups. Where do talented graduates from the UK want to work? Banks, consultancies and accountancies. How much do they want to be paid? About £40k starting, please.
With the cost of living being so high in London, why wouldn't they?
Unless you can raise enough money to pay these people, your chances are far more limited. And London VCs are still far more risk-averse than SV VCs. To my mind that makes entrepreneurship in London a rich (and older) man's game compared with SV.
Of course there are counter-examples, but I think they've succeeded despite London. I'm sure this situation will improve (it has already been doing so), but in the meantime I plan to move to SV. I just think it will improve my odds.
Re: The European startup ecosystem arrived
#3The first comment is correct - this is the UK scene more than the european scene. My real problem with the UK scene is the relative lack of talent available to startups. Where do talented graduates from the UK want to work? Banks, consultancies and accountancies. How much do they want to be paid? About £40k starting, please. With the cost of living being so high in London, why wouldn't they? Unless you can raise enou…
Out of curiosity, what do you consider the other startup hubs in Europe? Guessing from your comment that this is the UK scene, there should be others.
Re: The European startup ecosystem arrived
#4The first comment is correct - this is the UK scene more than the european scene. My real problem with the UK scene is the relative lack of talent available to startups. Where do talented graduates from the UK want to work? Banks, consultancies and accountancies. How much do they want to be paid? About £40k starting, please. With the cost of living being so high in London, why wouldn't they? Unless you can raise enou…
Out of curiosity, what do you consider the other startup hubs in Europe? Guessing from your comment that this is the UK scene, there should be others.
Berlin has a very active, vibrant startup scene.
Re: The European startup ecosystem arrived
#5The first comment is correct - this is the UK scene more than the european scene. My real problem with the UK scene is the relative lack of talent available to startups. Where do talented graduates from the UK want to work? Banks, consultancies and accountancies. How much do they want to be paid? About £40k starting, please. With the cost of living being so high in London, why wouldn't they? Unless you can raise enou…
From personal experience, talent is to be found outside of London. But it's difficult to get them to move to London, they just don't think it's worth a hassle.
There is a reason why so many successfull UK hardware companies are based in Hampshire, Oxford or Cambridge.
Re: The European startup ecosystem arrived
#6The first comment is correct - this is the UK scene more than the european scene. My real problem with the UK scene is the relative lack of talent available to startups. Where do talented graduates from the UK want to work? Banks, consultancies and accountancies. How much do they want to be paid? About £40k starting, please. With the cost of living being so high in London, why wouldn't they? Unless you can raise enou…
I do get a fair amount of job offers from startups in London, but they are very inflexible about remote working (I'm in Scotland). Want me to move to London ? Sure, double whatever salary you're offering and I might consider it. Otherwise it would be a big drop in my standard of living - nice big apartment up here for cardboard box down there.
There is a lot of good talent in the UK, the problem is we have a massively over-centralized economy, which is bad for London (way too expensive to live for average workers, and infrastructure straining under excess population) and bad for the rest of the UK (no jobs). Contrast with Germany, which has a more distributed (and far healthier) economy - Berlin, Munich, Hamburg etc.
Remote working would help redress the imbalance but some startups for good and bad reasons are reluctant. And no, I could care less about twin monitors or aeron chairs.
Re: The European startup ecosystem arrived
#7I will take years until this ecosystem will arrive the middle east...meanwhile we continue to breath smoke and hope that Europe will bring the change.
Frank - Bingo Sites- http://www.newbingosites.org
Re: The European startup ecosystem arrived
#8The first comment is correct - this is the UK scene more than the european scene. My real problem with the UK scene is the relative lack of talent available to startups. Where do talented graduates from the UK want to work? Banks, consultancies and accountancies. How much do they want to be paid? About £40k starting, please. With the cost of living being so high in London, why wouldn't they? Unless you can raise enou…
Out of curiosity, what do you consider the other startup hubs in Europe? Guessing from your comment that this is the UK scene, there should be others.
At Garage48.org, we look at the Baltic-Nordic region as one strongly tied together scene, as the countries and cities themselves are all tiny. During the last year, the change towards a more vibrant startup scene has been visible in all the region's capital cities, no need to single out any of them.
Re: The European startup ecosystem arrived
#9The first comment is correct - this is the UK scene more than the european scene. My real problem with the UK scene is the relative lack of talent available to startups. Where do talented graduates from the UK want to work? Banks, consultancies and accountancies. How much do they want to be paid? About £40k starting, please. With the cost of living being so high in London, why wouldn't they? Unless you can raise enou…
Are you saying there is more lack of talent in UK than in Silicon Valley?
Re: The European startup ecosystem arrived
#10The first comment is correct - this is the UK scene more than the european scene. My real problem with the UK scene is the relative lack of talent available to startups. Where do talented graduates from the UK want to work? Banks, consultancies and accountancies. How much do they want to be paid? About £40k starting, please. With the cost of living being so high in London, why wouldn't they? Unless you can raise enou…
Out of curiosity, what do you consider the other startup hubs in Europe? Guessing from your comment that this is the UK scene, there should be others.
That was my comment. I'm not stating that there are other "hubs".
Europe still doesn't have a central hub, which btw I think would be a great thing, but I'm not sure London can take that role. UK is surely not the California of Europe, and I sincerely fail in finding another candidate.