Friday, January 24, 2014

London - will house prices kill the disruptive innovation business?

This list on Buzzfeed (they are good at lists) reminds us why building a small business in London is just insane. This article is about the house prices. They haven't mentioned the ludicrous rental prices for really crummy office space in the Silicon Roundabout area of London. No natural daylight, overcrowded desks. These tech sweat shops are going to collapse eventually when people realise you cannot innovate effectively in a windowless basement. I thought the strategy of the University of East Anglia to build offices in the City was a much better policy. Build in the country, sell in the city. Now that is smart! Definitely an opportunity for the "second" cities to shine above the capitals.

The madness of building creative stuff in a London basement office!

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