US style venture captial fest, London, Sep 3-6: Get your techno funding 'ere
William Poel
Cream of technologists forced to go elsewhere!
Speaking at a press conference, Peter Cochrane, whose full time job is Chief
Technologist BT, "In 1999 more VC went into Silicon Valley in one month than
into the UK in a year.
We need to change that situation. The technopreneur in the UK is totally
stymied by government red tape, limping European Venture Capitalists and a
banking community which seems to have an aversion to new ideas.
It's time to put Britain back on the map of global venture capital. With
investors at the Start-Up $1Bn conference representing $15.5Bn, which
equates to funds worth more than 1.5% of Britain's total GDP, we have a
great opportunity now to make a new start.
For further information go to www.getstartup.com
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