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@alanchanguk Tech entrepreneurship in Britain is already dead lol we lose all our unicorns to foreign investment entities and territories! But agree we should all be against an exit tax 🙏🏽
UK Innovation Is Bleeding To Death:
The House of Lords Science & Tech Committee just dropped a brutal 2025 report:
“We’re world-class at inventing… and world-class at losing it.”
- DeepMind? London-born. Google’s now.
- Arm? Cambridge chip genius. SoftBank owned.
- Graphcore? Bristol AI unicorn. Folded into SoftBank – 500+ UK jobs gone.
- Skyscanner? Edinburgh unicorn. £1.4B to Chinese Ctrip - control vanished.
- Hopin? £4B peak in London. Liquidated UK ops in 2024 to chase US scale.
This isn’t bad luck. It’s a system failure.
THE DOOM LOOP
1. UK invents
2. No capital
3. Forced to sell/move abroad
4. No jobs, tax, growth
5. Even less capital
Productivity is flat since 2008. Real wages stagnant. We’re trapped.
5 KILLER FINDINGS
- Pensions ghosted tech - UK funds invest <1% in growth ventures (US: ~8%). They’d rather buy US bonds than back British AI.
- Gov is siloed & slow - Innovate UK, BBB, NWF all separate. UAE deploys billions in a call. We play checkers while they play chess.
- We block talent - £1,500+ visa fees + 8-week waits. Top engineers go to Berlin/SF.
DeepMind thrived on immigrants - then Google poached the ecosystem.
- Regulators fear risk - Over-regulate at lab scale, wonder why no one scales.
RADICAL FIXES – ACT NOW
1. Pension Power-Up
Mandate 5% of UK pensions to growth equity by 2030 → £100BN+ patient capital.
2. British Scale-Up Command:
Merge Innovate UK + BBB + NWF into one agile agency:
• £10BN fund
• 90-day decisions
• Co-invest mandates
3. Golden Visa for Founders
• £0 fees
• 24-month scale-up visa
• Settlement at £10M revenue Attract 1,000 global founders/year.
4. “Fail Fast” Regulation
24-month sandbox for all new tech. Regulators in startups. Fast-track winners. Learn from failures.
5. Celebrate Builders
• National Scale-Up Day
• Tax breaks on employee shares
• Founder in Residence @ No. 10
Culture eats strategy. Make building cool again.
We’re at a tipping point.
Lose another decade = more DeepMinds lost forever.
Act now = next unicorns stay British.
Read the full report: https://t.co/YZzqmVhM6k
Tag your MP. Share this.
@Barney_H_Y@alexfmac@DanielPriestley@HarryStebbings
@Ian_Schwartzman also adding to this: try to negotiate a 100% recoupment rate not a recoupment rate which relies on the broken old model of what your ownership split is. This way you recoup faster >>>
Music is the blind & ignorant, leading the blind & ignorant. Education is accessible, please do not listen to a gimmick celebrity rant about best practises, do your own independent research >>>
@Kick_Champ he said a whole lot of NOTHING lololol, you get signed. Sign away your rights, then sell your publishing and get smart with Money mgmt. If you was an astute biz person you would know ownership is the only leverage you have and not just of Publishing, Masters too!