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Interview in DigitalFrontier: Reminding Britain how to dream

  • UK-based prop-tech startup Tract recently shut down, advising British founders to consider the US market for better opportunities.
  • Cultural differences between the US and UK drive founders to consider moving to the US for growth potential.
  • UK has seen an increase in citizenship applications from the US, suggesting its own advantages for startups.
  • Diversity in the UK fosters a global mindset among startup founders, contributing to international success.
  • Immigrant founders play a significant role in both UK and US startup ecosystems, bringing tenacity and hard work.
  • The UK aims to boost AI research and development, positioning itself as a global leader in the field.
  • A culture of collaboration and a supportive network make the UK tech scene advantageous for startups.
  • Access to free healthcare, lower cost of living, and startup incentives contribute to the appeal of the UK for founders.
  • The culture of risk-taking and innovation is considered crucial for business success, transcending policy hurdles.
  • Policy and culture are intertwined in shaping startup ecosystems, with a need for cooperation and partnership between the US and the UK.

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