There are lots of startups in Europe. Some of them get big enough to go public. And when that happens, nearly all of them opt to do it in New York, not nearby London. It’s a pattern of behavior that some European investors want to change, and for the past few months we’ve been following the debate.
Much of the public debate pushing for London’s resurgence has been steered by Index Ventures, probably Europe’s leading venture firm. Neil Rimer, one of the firm’s founding partners, argued back in May that the circular argument is the result of a defeatist mindset; a couple of months later his colleague Robin Klein suggested that London’s huge, dominant financial community needed to step up its game.
Now a report from Bloomberg looks at the issue and suggests that the British government could relax some of its rules on IPOs. Right now…
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