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This raises the question: why don't more reasonable VCs move to London? If valuations really are that low, there's incredible money to be made.
by bobcostas55 11y ago
This raises the question: why don't more reasonable VCs move to London? If valuations really are that low, there's incredible money to be made.
- madaxe_again 11y agoThe valuations are low because tech spending in the UK is comparatively low, so only if you can pivot a UK firm into the US market would you find yourself a bargain.
- hga 11y agoBut based on what madaxe_again says, such VCs would not make their money back on sales, at least in the U.K. market.