Can startup Britain make a successful exit? by Andrew Walker
MOUNTAIN VIEW, California — For an entrepreneur watching Brexit from California, it’s hard not to notice a familiar pattern. In Silicon Valley, startups famously follow the so-called Transition Curve, cycling from “uninformed optimism” to “informed pessimism,” followed by a “crisis of meaning,” and then, almost inevitably: “crash and burn.”
After growing up in a small Scottish town, then getting my start with semiconductors in the Netherlands, I have lived in Silicon Valley for nearly 25 years. What I’m seeing in my homeland looks like nothing more than the emotional rollercoaster that most entrepreneurs experience while trying to realize their vision of a startup.
The question, of course, for the United Kingdom is simple. Will Brexit end up like so many Silicon Valley dreams, in disappointment and failure? Or does it have a chance of reaching the elusive alternate ending: “informed optimism,” a pivot to a more modest venture that, while far from the original vision, is nonetheless sustainable, comfortable and — most of all — realistic?
Here’s how Brexit is following Silicon Valley’s Transition Curve.
The full article can be viewed at https://www.politico.eu/article/brexit-silicon-valley-move-fast-and-break-things/