Intro to the London Startup Scene (by CBM)

Courtney Boyd MyersFounder of audience.io & 3460 Miles

INTRO TO THE LONDON STARTUP SCENE

Friday, June 28, 13

Friday, June 28, 13

INTRODUCTION

‣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

COURTNEY BOYD MYERSFOUNDER, AUDIENCE.IOCO-FOUNDER, 3460 MILES

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AGENDA

‣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

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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.

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‣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’s ecosystem has 22% more companies in the “scale stage” than in NYC and 54% more than in London.

LONDON VS. SILICON VALLEY VS. NYC

Friday, June 28, 13

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‣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’s ecosystem 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.

LONDON VS. SILICON VALLEY VS. NYC

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‣London + NYC outsource 34% more of their product dev than Silicon Valley companies.

LONDON VS. SILICON VALLEY VS. NYC

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‣London + NYC outsource 34% more of their product dev than SV companies.‣SV companies have 46% more helpful mentors than companies in London.

LONDON VS. SILICON VALLEY VS. NYC

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‣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.

LONDON VS. SILICON VALLEY VS. NYC

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STARTUP GROWTH IN LONDON

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BIG TECH COMPANIES IN LONDON

Source: Duedil

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$2.4B IPO IN 2010

SOLD TO CBS FOR $280 MILLION IN 2007

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LONDON’S BIG EXITS

SOLD TO SABRE FOR $1.1B IN 2005

SOLD TO AMAZON.COM FOR $317 MILLION IN 2011

SOLD TO AOL FOR $850 MILLION IN 2008

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LONDON’S TOP STARTUPS

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LONDON’S TOP FASHION STARTUPS

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LONDON’S RISING FIN TECH SCENE

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LONDON’S TECH CITYINTRO TO THE LONDON STARTUP SCENE 18

Joanna ShieldsCEO of Tech City Investment Organisation

Rohan SilvaSenior Policy Adviser for Technology to the Prime Minister

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LONDON’S TECH CITYINTRO TO THE LONDON STARTUP SCENE 19

Eric Van Der KleijEx-CEO of Tech City, now Advisor to the Canary Wharf Group

Benjamin SouthworthDeputy CEO of Tech City

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VENTURE CAPITAL‣ Index Ventures‣Accel Partners‣Balderton Capital

‣Atomico‣Notion Capital‣DJF Espirit

‣Hoxton Ventures‣Connect Ventures ‣Octopus Ventures

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‣Passion Capital‣PROfounders‣Wayra UK‣Seedcamp‣TechStars (was Springboard)

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SEED FUNDS + ACCELERATORS21

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Sherry Coutu

ANGELSINTRO TO THE LONDON STARTUP SCENE 22

Brent Hoberman

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@TheNextWebUK@MartinSFP@PSawers@MikeButcher@IngridLuden @Nero

@AlexWoodCreates@OliviaSolon@iRowan@drjmederios@BenJRooney@IanSanders

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TECH MEDIA23

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‣White Bear Yard, Clerkenwell‣Google Campus, Shoreditch‣TechHub, Shoreditch‣ Innovation Warehouse,

Farringdon‣The Cube, Shoreditch‣The Hub: Kings Cross,

Westminster, Islington

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COWORKING SPACES24

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BRITISH CYNICISM25

‣Geographical Disparity‣Engineer Wages‣ Investor Battles‣Hiring Time Period‣ It’s Friday, where is everyone?‣Risk-averse?‣Fear of Failure‣Scaling from the Start

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‣Enternships‣Built in London ‣Escape the City ‣The Fetch‣WorkInStartups.com‣3 Beards‣StackOverflow

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HIRING + JOBS26

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SYNC UP WITH LONDON27

‣ General Assembly’s Mailing List‣ 3460 Miles‣ The Fetch‣ Escape the City‣ Startup Digest‣ Tech City News Mailer‣ The Albion London‣ Facebook Group:

London Startups & London Startup Events

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NETWORKING EVENTS

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GENERAL ASSEMBLY LOVES LONDON

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