UK tech entrepreneurs still optimistic that London will retain its startup crown


UK Business Angels Association

27 September 2016

Hopes for “Brexit Light” among the tech startup community were expressed by Brent Hoberman, Co-founder of, and Founders Factory, in a recent conversation with the FT. He is optimistic about the retention of skilled migrant workers but does not envisage full access to the single market.

Brent will be speaking more on this topic at the UKBAA Angel Investment Summit 2016: Connecting Globally, where we will be exploring how to build a global ecosystem for angel and early stage investment in the new Brexit era.

According to the FT feature, all the founders and investors that were interviewed for the piece believed that “London would retain its crown as Europe’s biggest centre for start-ups”.

Taavet Hinrikus, founder of TransferWise, a London-based online currency exchange, agrees that “entrepreneurs are optimists by nature”, but he has concerns about the ability of UK-based tech startups to continue attracting the best international talent. Opportunities to improve the UK’s regulatory environment in the absence of European restrictions were also discussed.

Read the full article from the Financial Times here.

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