19/09/16 - Silicon Valley Brits: 'We had to leave the UK behind' (4)

This article has to do with a lot of new start-up technological companies from this country actually finding themselves being better off the States as oppose to the UK. With Silicon Valley renowned for being the headquarters for many high-tech firms including Apple, Google and Facebook, it's also the case now that UK find it a lot easier to succeed with their businesses there too. Things like growth tend to happen at a much slower rate in the UK, with an example being Robyn Exton who made $1 million in 8 months in Europe but earning the same amount in 6 days in the USA. Something that's also made note of is this whole idea of the cynicism towards failure that exists in the UK, rather than risk-taking.

• In 2015 US companies had access to $60bn, in the UK companies shared just $3.6bn

I think what this shows is that the UK will have to do quite a lot from now to encourage entrepreneurs from there to actually stay there. The success of technological companies in particular is almost an occurrence we're used to seeing in the USA with examples like Apple and Google named above. Particularly from an economic standpoint it'd be beneficial to the country if the businesses remained in the UK and as said before, do the wonders they've done in America.