This article is mostly bullshit and certainly doesn't "help grasp what Tech City UK is all about", notably:
"which started as a government effort to rejuvenate East London" is laughably incorrect. Silicon Roundabout was a jokey term coined (by Matt Biddulph) to describe a bunch of companies working and socialising in the area. That was a few years ago, since then it's become a big PR thing for local companies (mostly co-working spaces) and now government.
Sure, there's tech growth, but an much is from pre-existing companies and people. Gov involvement has brought some attention to the area, but also a lot of sycophants and opportunists.
Another good skeptical read: gigaom.com/2011/11/11/is-london-tech-citys-phenomenal-growth-just-spin/
This article is mostly bullshit and certainly doesn't "help grasp what Tech City UK is all about", notably:
"which started as a government effort to rejuvenate East London" is laughably incorrect. Silicon Roundabout was a jokey term coined (by Matt Biddulph) to describe a bunch of companies working and socialising in the area. That was a few years ago, since then it's become a big PR thing for local companies (mostly co-working spaces) and now government.
Sure, there's tech growth, but an much is from pre-existing companies and people. Gov involvement has brought some attention to the area, but also a lot of sycophants and opportunists.
Another good skeptical read: gigaom.com/2011/11/11/is-london-tech-citys-phenomenal-growth-just-spin/