On this episode, we meet up with Gerard Grech, Managing Director of Founders on the College of Cambridge, a brand new strategic initiative centered on accelerating the formation and scaling of deep technology-based corporations. Gerard can also be the founder, advisor, and former Chief Govt of Tech Nation, previous to its acquisition by Founders Discussion board Group.
Below Gerard’s management, Tech Nation helped create Europe’s main digital ecosystem, launching applications that supported over 1,300 UK corporations, together with Monzo and Skyscanner. A 3rd of the UK’s tech unicorns emerged from these applications, driving a 5x improve in UK cities with tech unicorns and strengthening the UK’s place as Europe’s digital chief. In 2022, Tech Nation turned the UK public sector’s ninth fastest-growing tech-focused entity, delivering a 20x return on state funding.
Gerard shares insights on the variations between European and US startup ecosystems, the significance of group and tradition in scaling, the position of universities in driving innovation, the game-changing potential of AI in tech and training, and rather more!
Video model of episode 93:
Audio model of episode 93:
Key Takeaways
- A 3rd of UK unicorns emerged from Tech Nation’s applications.
- One of many largest errors startups make is scaling too rapidly with out strong foundations.
- The US has a way more risk-tolerant funding tradition than Europe.
- AI will remodel not solely tech corporations but additionally instructional establishments which are cultivating tomorrow’s innovators.
- The mixture of AI with new computational energy, similar to quantum computing, could have an infinite influence.
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