UK Tech Talent
The Uk and the US are constantly compared for so many reasons, but the one thing the UK can never seen to catch up on is the wealth and amount of companies that explode onto the global market. The Uk and US have been providing the world with start up’s for decades, however it is statically known that 3 out of 4 start up’s fail. The one’s that succeed are normally fast tracked by a huge amount of financial backing. A lot of founders move from the UK to the US to get more funding and exposure, because of the support that the US give to start ups.
Britain just isn’t in the same league when it comes to being able to consistently nurture successful technology companies, but it could be one day…
A lot of companies wouldn’t be around today if the Valley hadn’t of funded them; however the funding isn’t all that makes these brands excel. A lot of it comes down to the individual and the culture, English people are none for being negative and not willing to take risks because of the down fall and stats in the percentage of companies bound to survive. The British attitude towards failure is ‘oh you’re going to fail, you may as well not try’.
Germany and France, and in Israel, home to a thriving tech startup scene. Everyone, everywhere, wants to be like Silicon Valley and can't quite work out how you pull it off. The trouble in Britain, is the dotcom boom came later than in the US, but burst at the same time - so only a very few firms lived on and none on the scale of the Silicon Valley giants.
The reoccurring question our country gets asked is can the UK compete in the global technology industry - and why we haven't produced a tech giant on the scale of Google or Apple.
When is a British Mark Zuckerberg coming along? And before that it was "where is our Apple or Microsoft?" - Rory Cellan-Jones