3 ms·
I think Berlin will benefit from brexit but I'm more interested in watching Dublin. Seems to me it should do very well: big tech companies already there, attrac
by corford 10y ago
I think Berlin will benefit from brexit but I'm more interested in watching Dublin. Seems to me it should do very well: big tech companies already there, attractive corp tax rates, cheap and easy to incorporate a company (AFAIK?), similar legal concepts and biz regs as the UK, similar banking environment, cheaper rents, everyone speaks english, there are local VCs and presumably London VCs would also find it very easy/familiar to invest.
The one thing the UK still has going for it is SEIS/EIS but there's nothing preventing other countries copying this (e.g. Portugal is about to introduce something similar to SEIS).
- cylinder 10y agoDublin will be corporate/enterprise IT and Berlin will be more consumer.
- dmix 10y agoI don't know of many big startups coming out of Dublin. Having many big corp HQs (who are there for tax sheltering and lower income workers) doesn't translate to a lively entrepreneurial scene. For example, just north of Toronto is a small suburban city called Markham which calls itself the "high-tech capital of Canada" but the only notable thing about the area is the countless glass office towers of multi-national tech companies who built their Canadian HQ there. But the Toronto startup scene is entirely downtown, far from Markham. Or in Waterloo near the university there. I've even not heard of any events taking place up in Markham either, it's just not part of the community in any significant way. The kind of people who go to work at IBM and AMD don't often leave to create companies nor do the CEOs participate in the startup communities very much. They're people who usually live in the suburbs with families and are happy working 9-5. Nothing wrong with that but the distinction between high-tech corps and startup scenes are often confused as homogeneous entities by outsiders.