The Impact of Brexit on U.K. Startups

The video discusses significant exits and acquisitions in the tech industry, focusing on Swiftkey's acquisition by Microsoft and Magic Pony's acquisition by Twitter. It highlights the challenges faced by UK startups in scaling to billion-dollar businesses and the importance of having serial entrepreneurs and investors. The video also examines valuation trends in Europe, noting that European valuations remain conservative compared to the US and Asia. Finally, it addresses the impact of Brexit on European startups, suggesting that it presents both challenges and competitive advantages.

Which company acquired Swiftkey, and for how much?

• Apple for $200 million

• Microsoft for $250 million

• Google for $300 million

• Amazon for $150 million

What is a significant challenge for European startups according to Alex McPherson?

• Scaling businesses to billion-dollar valuations

• Limited access to technology

• Lack of early-stage funding

• High employee turnover

How do European startup valuations generally compare to those in the US and Asia?

• They are lower

• They are about the same

• They are higher

• They fluctuate more

What potential risk is associated with increased investment from the US and Asia into Europe?

• Overvaluation of startups

• Loss of local talent

• Increased regulatory challenges

• Decreased innovation

How do European entrepreneurs view Brexit in terms of business challenges?

• As a reason to relocate

• As a competitive advantage

• As a minor inconvenience

• As an insurmountable obstacle