At the moment we're kind of keen on working in SF, but neither of us are totally sold on it yet, we both have a lot of ties to the UK. We'd be giving our idea up, for a while at least, it would be easy to start again - but if we could find funding to stay in the UK I think it would be a better fit for now.
>>isn't a huge problem provided you are compensated in equity
As far as we're aware, there's no equity - just fixed salaries.
I'll drop you an email as well, to see if it's worth talking further...
(South coast based and in London fairly regularly anyway)
Yeah we'd be looking to raise in that region - mostly for development costs, with only marginal marketing finance required.
Other, non-competing, players in the industry are already earning well in excess of £50k profit per month. We realise this will require lots of hard work to reach but the market is definitely there.
We're located on the south coast about an hour from London so regular trips up to the city happen anyway...
One thing to keep in mind also is that if you're just starting to get connected to the scene, which I assume is true since you're asking what's there, you're still several months away from being able to raise money, probably closer to a year if you're starting cold. Angels would definitely be the way to go if you can find your way to them since they're like a mix of mentor and investor.
If you're in London on Thurs it might be worth attending opencoffee in the morning too. I haven't been for a year but it used to be a good place to meet investors and get advice, should still be the case.
Also next week is FOWA, a good event full of European developers, entrepreneurs and VCs (4% of attendees are VCs). Tickets are cheap if you're a student too.
Unfortunately your email isn't showing in your profile - can you drop me a line at: pkill123@googlemail.com
Thanks