The London scene is a huge mix of people from across Europe and Oceania. I think at a grass roots level it's very exciting mix (as an example see http://3-beard

The London scene is a huge mix of people from across Europe and Oceania. I think at a grass roots level it's very exciting mix (as an example see http://3-beards.com/ http://3-beards.com/ ). I think the OPs issue was more to do with where the source of the money. Bankers should probably be investing in the 'safer' property market than dabbling in the London Tech VC market. There are some amazingly hungry developers in London. What is nice is that the incubator scene seems to be growing in the London. Unfortunately less so outside of London.