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A complaint I've seen about the UK's tech scene is that it can't be like Silicon Valley because there haven't been enough acquisitions to spread the wealth and
by petercooper 10y ago
A complaint I've seen about the UK's tech scene is that it can't be like Silicon Valley because there haven't been enough acquisitions to spread the wealth and encourage further and more diverse investment. But now there's an acquisition, people are moaning :-D
- amelius 10y agoThat may be because the wealth is spreading elsewhere ...
- new299 10y agoRight, but this acquisition was post-IPO. The kind of ecosystem people might want to see is larger companies (like ARM) acquiring smaller UK startups. This is not a startup acquisition, and unlikely to fuel further startups.