london's tech scene's at a critical point - alex wood, tech city news

The reality behind the hype in Tech City Alex Wood, Editor in Chief at Tech City News @alexwoodcreates

60,000+ readers 2 years old Quarterly print mag 7 people Startup

Organic cluster from 2008

Government backing from 2010- has it delivered?

By 2016 the UK’s internet economy will account for 12% of GDP

Source: Technology Strategy Board 2014

88,000 companies launched in last 3 years

Source: Tech City UK status report 2013

Who are the next generation of founders?

Biannual startup competition Barometer of Britain’s startup scene $26m USD raised to date

sample video

Alex Depledge CEO at Hassle.com

$6m Series A raised

- Management consultant at Accenture - NOT a ‘techie’

- Bringing existing skillset and applying tech

New generation of founders leaving the professions

It’s not about being Silicon Valley

Looking ahead

Damian Kimmelman, Founder of DueDil $17m Series B funding round 15 languages spoken in fast growing team Talent and funding continue to be challenges

Thanks for listening Find us at IW474

Alex Wood @techcitynews