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I'm an American entrepreneur who has started two companies in London. My most recent startup was recently accepted into an accelerator in Berlin. Like-for-like,
by nkoren 11y ago
I'm an American entrepreneur who has started two companies in London. My most recent startup was recently accepted into an accelerator in Berlin. Like-for-like, the real estate in Berlin is cheaper by a factor of roughly 6. The overall quality-of-life multiplier is roughly similar. It is definitely making me reconsider my long-term commitment to the UK.
- mavdi 11y agoSame here. My clients are in the US and I work from home. So it's only logical I rent my flat for a ridiculous price and live elsewhere.
- ThomPete 11y agoBerlin has the culture and the cheaper prices and def some interesting companies but it still doesn't have the capital and proper access to the things that make London (and SV and New York) great cities for startups. So I think it really depends on what kind of startup your are trying to build. Europe doesn't have much going for it with London ,Berlin and Stockholm as the exceptions. But just like you can go to LA and pay a third in rent of what they pay in SF doesn't mean that it's advisable. Again depending on what kind of business you are running.
- pjc50 11y agodoesn't have the capital It's weird how capital is localised to particular cities in an era of air travel and Skype.
- ThomPete 11y agoThats how humans operate what can I say.
- marcosdumay 11y agoThere's probably a huge opportunity in that. I just don't know how to exploit it...
- AnimalMuppet 11y agoStep 1: Have a lot of capital. Step 2: Go to someplace like Berlin, and invest (wisely) in the startup scene there. Step 3: Profit! Unfortunately, I can't get to step 1...
- toomuchtodo 11y agoWhat if a bunch of us pooled our capital and did Moneyball for startups, VC style?
- branchless 11y agohttp://www.economist.com/blogs/dailychart/2011/11/global-house-prices http://www.economist.com/blogs/dailychart/2011/11/global-hou... And that's UK prices not London! Please come to the UK and instead of re-investing your profits give them to a rentier.