A successful exit is often the unstated dream for most tech founders and the investors who back their businesses. The exit usually comes in the form of a bigger company acquiring the startup usually for its product or its engineering team. Figures for Q1 2014 show that UK tech businesses were the most prolific in selling out across Europe.
These figures interestingly reflect the relative maturity of the tech ecosystems across Europe and perhaps where acquirers prefer to base their R&D teams. As a side note, London secured 42% of the exits in the UK.
Clearly, London is a good place to base a tech business.