Lost In Translation — Don’t Mistake British Reserve For Lack Of Ambition

Fascinating read about cultural differences in raising capital.

TechCrunch

Editor’s note:  Robin Klein is a Venture Partner at Index Ventures in London.

This post has been ‘brewing’ in my mind for a number of years now. It’s only taken a shape worthy of publication thanks to Julian Rowe, principal at Horsley Bridge (that Blue Chip investor in the world’s great tech VCs). During a recent meeting, Julian and I were talking about the cultural differences we’d observed between the US and UK, and discovered how much we agreed on. The words that follow are largely Julian’s, the thoughts are ones we share.

It has often been said that Silicon Valley is not a place, rather a state of mind; a state of mind that celebrates ambitious innovation, coupled with a healthy disregard for fear of failure. As Britain’s tech start-up scene has blossomed in recent years, there are signs that something of a Valley mindset has evolved with it…

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