Only need the sunny uplands, we have the world's 3rd largest Unicorn population!

[vetran]

https://www.uktech.news/featured/lat...of-uk-20201130

As the digitisation of almost all services results in numerous business opportunities, millions of startups mushroom every year. However, only a few of these startups come out with flying colours. Eventually, only some of these attain the status of a ‘unicorn’ with a valuation of over £1 billion.

Talking about unicorns, almost 48% of the global unicorns are in the US, which is 235 companies including 50% of the global decacorns. Currently, there are 26 decacorns with a valuation of over $10B (nearly £7.5B). Following the US, comes China with the second-highest number of unicorns with 119 (24.3%). Some notably Chinese unicorns include fashion brand SHEIN and ByteDance, which is the world’s only hectocorn valued at over $100B (nearly £75B).

Next comes the UK, which ranks third in terms of the number of unicorns.

shocking ahead of the EU again!

[vetran]

oh look sunny uplands on Thursday!

wonder if the titerati will comment before then?

[BlasterBates]

Indeed the UK had a good track record up until Brexit. Investment is now declining rapidly.

https://diginomica.com/uk-tech-inves...evious%20year.

2020's $9.4 billion in venture capital invested in the UK from overseas actually represented a year-on-year decline of nearly $1 billion, while digital services exports also fell significantly against the previous year.

[vetran]

Indeed the UK had a good track record up until Brexit. Investment is now declining rapidly.

https://diginomica.com/uk-tech-inves...evious%20year.

Not COVID related then? Its either the 2015 vote or the January 2021 separation?

Cherry picking as usual

But there is much to celebrate, said Grech:

In 2018, a tech business was born in the UK every 60 minutes, but in 2020, one was born every 30 minutes […], which is a good thing, because obviously that will mean an acceleration of job creation in the sector.

So next year Germany, France or even the whole EU will be world number 3 for Unicorns ? Or will the UK still hold the title having acquired it at the end of 2020 despite the alleged fall in investment?

Taken MasterBates Cherry again!

[DealorNoDeal]

Indeed the UK had a good track record up until Brexit. Investment is now declining rapidly.

https://diginomica.com/uk-tech-inves...evious%20year.

Fake news.

There isn't a single downside or negative with Brexit. It's all positive and wonderful.

Brexit makes everything better.

[vetran]

la la la la - I'm not listening these international facts and figures are lies dreamt up by brexiteers

Long live the EUSSR!

FTFY

[DealorNoDeal]

FTFY

OK, give us one downside or negative of Brexit. Something that has got worse, or won't be as good.

The fact is, there aren't any minuses.

[BlasterBates]

Not COVID related then? Its either the 2015 vote or the January 2021 separation?

Cherry picking as usual


So next year Germany, France or even the whole EU will be world number 3 for Unicorns ? Or will the UK still hold the title having acquired it at the end of 2020 despite the alleged fall in investment?

Taken MasterBates Cherry again!

The decline in investment in the UK started after the Brexit vote and continues apace.

https://www.nordeatrade.com/en/explore-new-market/united-kingdom/investment

According to the World Investment Report 2020 published by UNCTAD, FDI inflows into the UK have declined for the second year in a row, reaching USD 59 billion in 2019, compared to USD 65 billion in 2018 and USD 101 billion in 2017. FDI stock in 2019 was about USD 2 trillion, compared to USD 1430 billion in 2018. The United Kingdom was the 8th recipient of global FDI flows, behind the United States, China, the Netherlands, Hong Kong, Singapore, Germany and Australia

The Netherlands gets more inward investment than the UK.

[DealorNoDeal]

The Netherlands gets more inward investment than the UK.

Inward investment is not a good thing. It's just more foreigners meddling in our country.

So it's got better since Brexit.

[vetran]

The decline in investment in the UK started after the Brexit vote and continues apace.

https://www.nordeatrade.com/en/explore-new-market/united-kingdom/investment





The Netherlands gets more inward investment than the UK.

wow 2 out of 26 EU countries beat us in the world?