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From a UK perspective, we've largely thrown our eggs into one basket with London. It's the financial capital, but it's also the best place to work if you're inv
by EnderMB 10y ago
From a UK perspective, we've largely thrown our eggs into one basket with London. It's the financial capital, but it's also the best place to work if you're involved in design, programming, recruitment, law, etc. With so much going on in London, it's only natural that you set up shop there if you want to play in the big leagues, or to move to London when you reach a certain size and want to work with the big players. I imagine funding also plays a huge part in the startup scene in London too. It's where the money is, after all.
Purely anecdotal, but London is regularly referred to as the FinTech capital of Europe, and it often seems to be because London doesn't have a lot of startup success stories to boast about. For me, the startup buzz in the UK tends to be smaller outfits away from London, either close to top universities (Oxbridge) or in larger cities with an existing digital culture (Bristol, Manchester).
Again, purely anecdotal, but I know a few people that have moved from London to Berlin, and they couldn't be happier.