3 ms·

What? It has the best tech industry in Europe in almost every metric you can think of. Maybe you mean UK outside London which is probably comparable to continen

What? It has the best tech industry in Europe in almost every metric you can think of. Maybe you mean UK outside London which is probably comparable to continental Europe, but London is booming.

raxxorrax 6y ago
Aside from maybe Dublin, this seems to be true. Obviously that has to do with synergies of the language alone that gets you a large advantage for your location.
kgraves 6y ago
> It has the best tech industry in Europe The UK sold ARM to Softbank, Imagination Technologies to a private equity firm in China, SwiftKey to Microsoft, DeepMind to Google, Deliveroo to Amazon, Dyson has gone to Singapore and most of these startups will not exist in 20, 30 or 40 years time. The UK's homegrown tech companies are selling out and you think it is still best in Europe? Thanks to Brexit there is no hope. > but London is booming. OK, but compared to the UK as a whole, disaster. I expected jobs to flow all through the UK, not be crammed into London where people from other areas have to travel there by train or suffer rent hikes, thankfully this pandemic has put an end to this.
- thu2111 6y ago
  You realise that a huge number of US startups also sell out to big tech firms? These companies were at least all actually profitable (except DeepMind). If selling to a bigger firm is the same thing as failure then Silicon Valley is drowning in failure.
  - kgraves 6y ago
    Most startups that are being acquired are going to US based companies which benefits the US, so this is a moot point, and I already addressed this: > ...and most of these startups will not exist in 20, 30 or 40 years time. > These companies were at least all actually profitable (except DeepMind). I agree with Dyson but we need more of them. Unfortunately ARM and Imagination technologies have a great history that is now in the hands of foreign companies. Deliveroo isn't profitable. SwiftKey as AFAIK didn't make money (MS bought them for the AI tech), Powa Technologies (remember them?) hailed as one of the original UK tech unicorn went bust, Blippar is dead. Skyscanner is gone to China and laid off 300 people recently [0], Shazam is gone to Apple. The situation is so dire OneWeb had to be rescued by the UK government, and they don't even have majority ownership. What is the UK's answer to FAANG? rather than FAANG coming to the UK? [0] [0] https://layoffs.fyi/2020/08/12/skyscanner-launches-talent-directory-after-laying-off-300-employees/ https://layoffs.fyi/2020/08/12/skyscanner-launches-talent-di...

What? It has the best tech industry in Europe in almost every metric you can think of. Maybe you mean UK outside London which is probably comparable to continental Europe, but London is booming.

raxxorrax 6y ago

Aside from maybe Dublin, this seems to be true. Obviously that has to do with synergies of the language alone that gets you a large advantage for your location.

kgraves 6y ago

> It has the best tech industry in Europe The UK sold ARM to Softbank, Imagination Technologies to a private equity firm in China, SwiftKey to Microsoft, DeepMind to Google, Deliveroo to Amazon, Dyson has gone to Singapore and most of these startups will not exist in 20, 30 or 40 years time. The UK's homegrown tech companies are selling out and you think it is still best in Europe? Thanks to Brexit there is no hope. > but London is booming. OK, but compared to the UK as a whole, disaster. I expected jobs to flow all through the UK, not be crammed into London where people from other areas have to travel there by train or suffer rent hikes, thankfully this pandemic has put an end to this.

thu2111 6y ago
You realise that a huge number of US startups also sell out to big tech firms? These companies were at least all actually profitable (except DeepMind). If selling to a bigger firm is the same thing as failure then Silicon Valley is drowning in failure.
- kgraves 6y ago
  Most startups that are being acquired are going to US based companies which benefits the US, so this is a moot point, and I already addressed this: > ...and most of these startups will not exist in 20, 30 or 40 years time. > These companies were at least all actually profitable (except DeepMind). I agree with Dyson but we need more of them. Unfortunately ARM and Imagination technologies have a great history that is now in the hands of foreign companies. Deliveroo isn't profitable. SwiftKey as AFAIK didn't make money (MS bought them for the AI tech), Powa Technologies (remember them?) hailed as one of the original UK tech unicorn went bust, Blippar is dead. Skyscanner is gone to China and laid off 300 people recently [0], Shazam is gone to Apple. The situation is so dire OneWeb had to be rescued by the UK government, and they don't even have majority ownership. What is the UK's answer to FAANG? rather than FAANG coming to the UK? [0] [0] https://layoffs.fyi/2020/08/12/skyscanner-launches-talent-directory-after-laying-off-300-employees/ https://layoffs.fyi/2020/08/12/skyscanner-launches-talent-di...