London vs. US: Winning the Best Tech IPOs

\"Some of it is just about how we kind of explain ourselves, talk about ourselves, and then add more celebration to the success of the companies... make sure that people go, yeah, that's where I want to be.\"

• Strong narrative can attract customers and investors.
• Highlighting successes boosts brand visibility and appeal.
• Founders should focus on effective communication and storytelling.

\"Over-regulating these things has actually produced perverse outcomes... We need to create space for that innovation to happen and incentives for that to happen.\"

• Over-regulation may hinder innovation; balance is key.
• Founders should seek flexible approaches to ESG that allow growth.
• Advocating for sensible ESG policies can benefit startups and the economy.

\"The most important thing is to understand how to make the best possible decision you can in the moment with the information that you've got, recognizing that as you get more information, you need to evolve what you think.\"

• Stay flexible and adapt decisions as new information emerges.
• Continuously reassess strategies in fundraising and market approaches.
• Embrace learning and adjust to changes for better outcomes.

\"We are the second-largest equity capital market in the world... We raised more equity capital last year than the next three European venues combined.\"

• UK capital markets offer substantial fundraising opportunities.
• Founders should consider London for access to significant investment pools.
• Awareness of market strengths can inform better fundraising strategies.

\"We need to find our inner kind of channeling of that growth mindset and that optimism... be cynically naive.\"

• Encouraging optimism can motivate teams and improve productivity.
• Adopting a growth mindset fosters innovation and resilience.
• Founders should lead by example in promoting a positive company culture.

\"Again, the narrative and the actual reality are very, very different... The idea that the grass is always greener in the US is not true.\"

• Founders should base decisions on data, not perceptions.
• Listing in the US may not always be advantageous for valuation or liquidity.
• Analyzing actual outcomes can lead to better fundraising strategies.

\"We just need to get better at celebrating it. We have this habit of talking ourselves down as a nation.\"

• Recognizing and promoting founders boosts morale and attracts talent.
• A positive culture around entrepreneurship fosters innovation and growth.
• Founders should lead in celebrating successes to inspire their teams and community.

\"Under the guise of protecting retail, we've arguably disenfranchised them a bit. We've made it harder to access advice... We've disconnected people from that.\"

• Over-regulation has hindered retail investment in startups.
• Simplifying regulations can reconnect society with capital markets.
• Founders should advocate for regulatory changes that facilitate investment and growth.

\"The idea that the grass is always greener in the US is not true... If you look at the data on liquidity, the free float adjusted turnover in London is higher than it is in the S&P and the Nasdaq.\"

• London offers higher liquidity adjusted for free float compared to US markets.
• Listing in London can provide immediate index inclusion and investor access.
• Founders should reevaluate assumptions about US markets being superior for listings.

\"When the Chancellor announced the pension review... 11 largest defined default defined contribution schemes have committed to committing 5% of their total assets to private companies by 2030.\"

• UK pension funds are being encouraged to invest 5% in private companies, increasing available capital.
• Founders should be aware of new funding sources from institutional investors due to regulatory changes.
• Engaging with pension funds could provide substantial growth capital for startups.