3. INTRODUCTION 3
COURTNEY BOYD MYERS
DIRECTOR OF AUDIENCE DEVELOPMENT,
GENERAL ASSEMBLY EUROPE
‣ Member of #10’s Tech City Advisory Group
‣ Mentor at BBC WorldWideLabs, Ignite100
‣ Recovering Technology Journalist
‣ The Next Web, The Huffington Post, Forbes
‣ @CBM
Wednesday, November 28, 12
4. AGENDA 4
‣ London vs. Silicon Valley vs. NYC
‣ Startups You Need to Know
‣ VCs, Angels, Media
‣ Accelerators, Incubators, Coworking Spaces
‣ Networking events
‣ Need a job?
‣ Keeping up with London
‣Q &A
Wednesday, November 28, 12
5. INTRO TO THE LONDON STARTUP SCENE 5
LONDON VS. SILICON VALLEY VS. NYC
‣ London is the largest technology ecosystem in Europe. But...
Silicon Valley’s ecosystem is currently 3X bigger than New
York City, 4.5X bigger than London + 12.5X bigger than Berlin.
Wednesday, November 28, 12
6. INTRO TO THE LONDON STARTUP SCENE 6
LONDON VS. SILICON VALLEY VS. NYC
‣ London is the largest technology ecosystem in Europe. But...
Silicon Valley’s ecosystem is currently 3X bigger than New
York City, 4.5X bigger than London + 12.5X bigger than Berlin.
‣ SV’secosystem has 22% more companies in the “scale stage”
than in NYC and 54% more than in London.
Wednesday, November 28, 12
7. INTRO TO THE LONDON STARTUP SCENE 7
LONDON VS. SILICON VALLEY VS. NYC
‣ London is the largest technology ecosystem in Europe. But...
Silicon Valley’s ecosystem is currently 3X bigger than New
York City, 4.5X bigger than London + 12.5X bigger than Berlin.
‣ SV’secosystem has 22% more companies in the “scale stage”
than in NYC and 54% more than in London.
‣ SV startups raise 2-3X more money in the the first 3 phases of
development - but in the scale stage, New York City startups
raise 27% more money and London startups raise 30% more
money than Silicon Valley.
Wednesday, November 28, 12
8. INTRO TO THE LONDON STARTUP SCENE 8
LONDON VS. SILICON VALLEY VS. NYC
‣ London + NYC outsource 34% more of their product dev than
Silicon Valley companies.
Wednesday, November 28, 12
9. INTRO TO THE LONDON STARTUP SCENE 9
LONDON VS. SILICON VALLEY VS. NYC
‣ London + NYC outsource 34% more of their product dev than
SV companies.
‣ SV companies have 46% more helpful mentors than companies
in London.
Wednesday, November 28, 12
10. INTRO TO THE LONDON STARTUP SCENE 10
LONDON VS. SILICON VALLEY VS. NYC
‣ London + NYC outsource 34% more of their product dev than
SV companies.
‣ SV companies have 46% more helpful mentors than companies
in London.
‣ Pivoting happens much more frequently in Silicon Valley.
Pivots happen 45% more on average in Silicon Valley than New
York City and 33% more than London.
Wednesday, November 28, 12
11. INTRO TO THE LONDON STARTUP SCENE 11
STARTUP GROWTH IN LONDON
Wednesday, November 28, 12
13. INTRO TO THE LONDON STARTUP SCENE 13
BIG TECH COMPANIES IN LONDON
Source: Duedil
Wednesday, November 28, 12
14. INTRO TO THE LONDON STARTUP SCENE 14
LONDON’S BIG EXITS
SOLD TO SABRE FOR $1.1B IN 2005 SOLD TO CBS FOR $280 MILLION IN 2007
$2.4B IPO IN 2010 SOLD TO AMAZON.COM FOR $317 MILLION IN 2011
Wednesday, November 28, 12
15. INTRO TO THE LONDON STARTUP SCENE 15
LONDON’S TOP STARTUPS
Wednesday, November 28, 12
16. INTRO TO THE LONDON STARTUP SCENE 16
LONDON’S TOP FASHION STARTUPS
Wednesday, November 28, 12
17. INTRO TO THE LONDON STARTUP SCENE 17
LONDON’S RISING FIN TECH SCENE
Wednesday, November 28, 12
18. INTRO TO THE LONDON STARTUP SCENE 18
LONDON’S TECH CITY
Rohan Silva Joanna Shields
Senior Policy Adviser for CEO of Tech City Investment
Technology to the Prime Organisation
Minister
Wednesday, November 28, 12
19. INTRO TO THE LONDON STARTUP SCENE 19
LONDON’S TECH CITY
Benjamin Southworth Eric Van Der Kleij
Deputy CEO of Tech City Ex-CEO of Tech City, now
Advisor to the Canary Wharf
Group
Wednesday, November 28, 12
20. INTRO TO THE LONDON STARTUP SCENE 20
VENTURE CAPITAL
‣ Index Ventures ‣ Atomico ‣ Hoxton Ventures
‣ Accel Partners ‣ Notion Capital ‣ Connect Ventures
‣ Balderton Capital ‣ DJF Espirit
Wednesday, November 28, 12
21. INTRO TO THE LONDON STARTUP SCENE 21
SEED FUNDS + ACCELERATORS
‣ Passion Capital
‣ PROfounders
‣ Wayra UK
‣ Seedcamp
‣ Springboard
Wednesday, November 28, 12
22. INTRO TO THE LONDON STARTUP SCENE 22
ANGELS
Alex Hoye Sherry Coutu
Wednesday, November 28, 12
23. INTRO TO THE LONDON STARTUP SCENE 23
TECH MEDIA
@TheNextWebUK Milo Yiannapoulos
@Jemimah_Knight @Nero
@RobinWauters @KernelMag
@MartinSFP @WSJEurope
@TechCrunch @BenJRooney
@MikeButcher
Wednesday, November 28, 12
24. INTRO TO THE LONDON STARTUP SCENE 24
COWORKING SPACES
‣ White Bear Yard, Clerkenwell
‣ Google Campus, Shoreditch
‣ TechHub, Shoreditch
‣ Innovation Warehouse,
Farringdon
‣ The Cube, Shoreditch
‣ The Hub: Kings Cross,
Westminster, Islington
Wednesday, November 28, 12
25. INTRO TO THE LONDON STARTUP SCENE 25
BRITISH CYNICISM
‣ Geographical Disparity
‣ Engineer Wages
‣ Talent Lock Up
‣ It’s Friday, where is everyone?
‣ Risk-averse?
‣ Fear of Failure
‣ Scaling from the Start
Wednesday, November 28, 12
26. INTRO TO THE LONDON STARTUP SCENE 26
HIRING + JOBS
‣ Enternships
‣ Roundabout.io
‣ Escape the City
‣ The Fetch
‣ WorkInStartups.com
‣ Ventureloop
‣ CrunchBoard UK
Wednesday, November 28, 12
27. INTRO TO THE LONDON STARTUP SCENE 27
SYNC UP WITH LONDON
‣ General Assembly’s Mailing List!
‣ The Fetch
‣ Escape the City
‣ Startup Digest
‣ The Albion London
‣ Facebook Group:
London Startup Events
Wednesday, November 28, 12
28. INTRO TO THE LONDON STARTUP SCENE 28
NETWORKING EVENTS
Wednesday, November 28, 12
29. INTRO TO THE LONDON STARTUP SCENE 29
GENERAL ASSEMBLY LOVES LONDON
Wednesday, November 28, 12