This party season I’ve met two would-be London unicorns who spoke of the intense pressure they are under to move their potential £1 billion-plus tech businesses overseas. “Anywhere but Britain” was in effect what they were hearing, with the UAE, US and Saudi Arabia the most favoured destinations.
Why? Because in the case of the US, that is where the global financial power and digital know-how is concentrated, while the Gulf powerhouses are making major strides to attract global talent and introduce digital innovation.
What identifies them, and sets them apart from the UK and its European neighbours, is a can-do attitude. Anything is possible – they want it to happen and will make it so.
The start-up pair I know are focused on artificial intelligence. It's the same exploding growth sector as Rory Blundell, boss of Gravitee, who is reportedly house-hunting in Denver, Colorado.
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