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I noticed that as well. Part of me is saying 'easy come easy go' - weightless nomads &c. Part of me is thinking where do England's new companies come from. We
by keithpeter 10y ago
I noticed that as well. Part of me is saying 'easy come easy go' - weightless nomads &c.
Part of me is thinking where do England's new companies come from.
We'll find out in the next three to five years. The news machine wants dramatic events now but this one is more of a glacier.
- niccolop 10y agoI agree that the outcome will take time to truly be seen, especially in startup scene. It turns out though that roughly 30% of VCs money in the UK comes from the Europe Investment Fund (as Limited Partners in their funds), which is funded by the European Central Bank, of which the UK is currently a shareholder, although it will only be as long as it is a member of the EU. From an FT article on the subject: "To put some numbers on it, as of the end of 2015, there were 144 UK private equity funds supported by the EIF and almost 30,000 small businesses. The EIF estimated that €3bn in equity capital in 2015 had been enabled by its €655m direct investment that year." I wonder if that will have an impact on the ability to attract talent?