Hacker News new | ask | show | jobs
by ac2u 2003 days ago
>You will also encounter strange socio-economic effects that you would not see in other places, for example being an engineer and starting a startup here is viewed as a negative while being a business major is a positive.

Your experience might be a bit more localised to the part of the UK you're in than you think rather than being a UK thing. I've never found people care enough to provide negativity or positivity regarding where you've chosen to specialise your education in most cases.

>In terms of brexit, any sort of gains for a startup will be possible only if the British government allows them to be

Agreed. Lack of access to capital and the lack of tax planning for anyone but the rich holds the UK back compared to the states. I don't agree with much the current government did, but one sentiment that Cummings expressed that was correct was that when novel tech gets bought over by US giants (eg Deepmind), is a failure on the UK's part. They're essentially allowing all the future upside to be exported.

Not that I blame anyone that accepts a buyout offer, if they didn't, then there'd probably be no upside to capture at all due to lack of risk-taking private funding.