Insight certainty 3/5 debate potential 2/5

Babayan: Multi-industry focus creates a healthier tech ecosystem in London

Nick Babayan · a16z Podcast | Building Tech Startups in a Place Where Tech Isn’t Everything · Jan 2, 2019 · at 1:15

Nick Babayan, former Skype mobile lead and co-founder of Lifecake, discusses the unique advantages of London's tech scene compared to single-industry hubs.

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“Technology is, it's probably the technology hub for Europe and for the startup scene, but it's the regional hub for a bunch of other industries, especially industries that are being changed by technology, advertising, finance, the list is long, and I actually think that's an interesting difference about London is that technology doesn't dominate everything, and there are a lot of people when you walk, walk out of this office who won't really care about technology for technology's sake, they really want to know what it does, And I think that's actually a healthy thing for an ecosystem to have a lot of other industries that are also powerful and important.”

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