UK Investment is just a drop in the Valley
An interesting article by Sam Sethi on vecosys comparing UK versus US tech startup investment.
I QUOTE…
Following the report from Paul Fisher on the state of the European VC market, it was interesting to find this report on Venture Beat concerning the size of investments made in the American VC market last year.
For all of 2006, investors backed 2,454 companies. Total investment was $25.75 billion, an 8 percent increase over the preceding year. - US Market
In 2006 that figure increased threefold with £79mn worth of early stage investments into 21 companies - UK Market
Is this why there isn’t a phlethora of successful UK companies?