London's/UK's loss is Europe's gain. Why should there even be this systemic entrepreneurial brain drain if not for large scale regulatory arbitrage (affecting b

London's/UK's loss is Europe's gain. Why should there even be this systemic entrepreneurial brain drain if not for large scale regulatory arbitrage (affecting both the financial side and available business models) There is no doubt that beyond lip service many European countries have sclerotic attitudes towards innovation and even hostility towards aspiring newcomers that "rock the boat" of cozy existing arrangements. But the only legitimate path is to fight for reforms within. Any serious innovation carries risks and ultimately those risks must be understood and accepted by society. Can you even do that from an offshore location? More specifically for the European Union countries (and their aspiration of all sorts of unified digital / financial markets) the only meaningful design would be to spread the know-how (and thus acceptance / trust) across the region. Instead of looking for the next "winner-takes-all" silicon valley of Europe, think in terms of a strong network of neurons, all being equally required for the brain to function. As for London/UK one would only hope that sooner rather than later it will rejoin the European project as an indispensable additional node.