london's tech scene's at a critical point - alex wood, tech city news
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The Marketplace - June 17th, 11:30-12:00 3 years on from the launch of the government's Tech City project, has the project delivered on making London into Europe's capital of startups? And more importantly what actually is Tech City in 2014? In 2012, Alex Wood launched Tech City News, the leading independent news site for London's technology scene, and will share his unique insights into what makes the scene tick and what the future may bring.TRANSCRIPT
The reality behind the hype in Tech City Alex Wood, Editor in Chief at Tech City News @alexwoodcreates
60,000+ readers 2 years old Quarterly print mag 7 people Startup
Organic cluster from 2008
Government backing from 2010- has it delivered?
By 2016 the UK’s internet economy will account for 12% of GDP
Source: Technology Strategy Board 2014
88,000 companies launched in last 3 years
Source: Tech City UK status report 2013
Who are the next generation of founders?
Biannual startup competition Barometer of Britain’s startup scene $26m USD raised to date
sample video
Alex Depledge CEO at Hassle.com
$6m Series A raised
- Management consultant at Accenture - NOT a ‘techie’
- Bringing existing skillset and applying tech
New generation of founders leaving the professions
It’s not about being Silicon Valley
Looking ahead
Damian Kimmelman, Founder of DueDil $17m Series B funding round 15 languages spoken in fast growing team Talent and funding continue to be challenges
Thanks for listening Find us at IW474
Alex Wood @techcitynews