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How London became the rest of the world’s startup capital

economist.com

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Re: How London became the rest of the world’s startup capital

#6
A different perspective: https://x.com/aakashgupta/status/2016375397131420005

TL;DR: What London actually built is Europe’s most efficient farm system for US acquirers. The city does the expensive, risky work of finding founders, funding early rounds, and proving product-market fit. American companies wait until the risk is de-risked, then buy the winners at discounts enabled by London’s shrinking public markets.

Re: How London became the rest of the world’s startup capital

#10
post #6

A different perspective: https://x.com/aakashgupta/status/2016375397131420005 TL;DR: What London actually built is Europe’s most efficient farm system for US acquirers. The city does the expensive, risky work of finding founders, funding early rounds, and proving product-market fit. American companies wait until the risk is de-risked, then buy the winners at discounts enabled by London’s shrinking public markets.

There's an argument that some of these takeovers should have been blocked.
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