* Guest writer Dan Crow is CTO of UK startup Songkick
In Saturday’s Telegraph, blogger Damian Thompson tried to make a case that Silicon Roundabout is home to spoilt luvvies who churn out inconsequential iPhone apps, all the while whining about a lack of government handouts.
Is Thompson right, or is there something more substantial going on in London’s tech scene?
Stripped of the hyperbole, Thompson’s criticisms boil down to: the entrepreneurs of Silicon Roundabout are enthusiastic; they haven’t delivered anything of worth (but other parts of the UK have); UK tech entrepreneurs aren’t as aggressive as their Silicon Valley counterparts and spend all their time asking for government handouts instead of building businesses. Continue reading →
* This is the first post by James Devonport Wood, MD of accredited Facebook developer PageHub
There is a significant gap in Europe for early stage funding for startups seeking less than £500,000. While new funds and incubators are starting to emerge, the lack of finance available is leaving European tech businesses at a disadvantage to their North American counterparts.
For many startups, bootstrapping a business is the only method of starting a company although this does have its advantages. Bootstrapped startups are more likely to have a more realistic business model and to be profitable early on. Continue reading →