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The explosive success of companies such as Google, Apple, PayPal and Facebook means there is a generation of computer geeks turned multi-millionnaires, who have money to invest and are keen to plough it back into the industry they understand.

Europe, by comparison, has lagged far behind. Funding has been thin on the ground and smaller scale, prompting a succession of Britain's most talented entrepreneurs to pack their bags for West Coast America.

However, that is starting to change and will accelerate rapidly as Europe yields its own success stories, technology investors claim.

 

To read the full, original article click on this link: Angel investors help develop Britain's $1bn tech start-ups - Telegraph

Author:Katherine Rushton