top | item 35084000

(no title)

didntreadarticl | 3 years ago

Thats kindof why I asked. I tried to think of UK equivalent to FAANG and couldn't come up with much. But there's lots of interesting responses to my comment, and an idea that kept coming through is that the UK is good at creating new companies but can't grow them beyond a certain point so they get acquired

discuss

order

harel|3 years ago

FAANG are a bit of a global entity at this stage. Also, all those British enterprises that are now owned by funds across the globe - that does not change the fact that the hands and brains working in those companies are hands and brains in the UK. And those hands can belong to many nationalities as well, but the core of the companies are here. Sorry if I sounded a bit snarky - I hear this a lot and I'm a bit sensitive to the British self deprecation. I've lived in three western advanced countries, and with all honesty I think we are more than OK here. We can do better, for sure, especially in these crazy times. But we are still having a better time at it than most.