Thinking About Atlanta’s and London’s Startup Community

The Economist has a new article up titled London’s Tech City: Start me up. It’s a good piece that has a variety of talking points about the strong cluster of tech startups in east London. From an local perspective, if you take all the talking points and substitute Atlanta, it’s nearly identical.

Here are some of those talking points:

  • Need for a big exit or IPO to put the community on the map with King, makers of Candy Crush Saga, as the likely first billion dollar IPO, similar to AirWatch holding the billion dollar crown in Atlanta
  • Many new coworking spaces like Google’s Campus, similar to Atlanta Tech Village
  • Several accelerators including Passion Capital and Seedcamp, similar to Flashpoint and the Atlanta Ventures Accelerator
  • Seed Enterprise Investment Scheme to promote investments in startups, similar to the Georgia Angel Investor Tax Credit
  • Lack of technical talent, which is common everywhere
  • Dearth of venture capital, which is typical in most places

Now, these talking points aren’t unique to Atlanta and London as I bet most major metro areas with at least a small-to-medium sized startup community as making similar progress. It’s great to startup communities growing around the world.

What else? What are your thoughts on these talking points from Atlanta’s and London’s startup communities?

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