The UK's tech problem goes beyond taxes and stems from a lack of ambition and a focus on playing it safe.
Brexit, austerity measures, and political instability are symptoms of a deeper issue that hinders ambitious tech companies.
The London Stock Exchange's biggest companies are dominated by traditional and sunset industries, hindering job creation and innovation.
To transform the tech ecosystem, Britain needs stock markets that reward long-term investment, supportive regulators, and growth capital to keep companies in the country.