14 VCs discuss COVID-19 and London’s future as a tech hub

14 VCs discuss COVID-19 and London’s future as a tech hub

4 years ago
Anonymous $qOHwDUKgAF

https://techcrunch.com/2020/07/09/14-vcs-discuss-covid-19-and-londons-future-as-a-tech-hub/

The UK has created 63 tech unicorns in the past decade (according to Dealroom), and it almost goes without saying that the vast majority of those companies were based out of London, the country’s largest tech hub.

Famously, London’s DeepMind, an AI startup, was acquired by Google in 2014 for $500 million, but it has resolutely refused to move to Silicon Valley; founder Demis Hassabis says the city’s diversity of talent meant the powerhouse needed to stay put.