2 ms·
I think the UK is catching up. TechCrunch has some good stats [0] -- from that piece: London startups received $1.35BN in VC in 2014; US-based Internet companie
by genmon 12y ago
I think the UK is catching up. TechCrunch has some good stats [0] -- from that piece: London startups received $1.35BN in VC in 2014; US-based Internet companies took $11.9BN that same year. A big gap, definitely, but I wouldn't say barren.
In my experience, it's true that the UK tended more towards the "buy a stake in the business" mindset rather than the Valley-style "invest in this startup for a future exit" mindset... but that's been changing for a few years, and change is accelerating (more seed-stage funds, more tech-savvy angels). But yeah, the Valley-style mindset isn't evenly distributed yet.
[0] http://techcrunch.com/2015/04/02/londons-startups-hit-a-high-of-682m-in-vc-funding-in-q1-2015/ http://techcrunch.com/2015/04/02/londons-startups-hit-a-high...