When you find yourself sitting around with some smart people and a good idea, you try to get moving on it as expediently as possible. Generally that means, where ever most of you happen to live at the time. Moving is costly and time consuming.
If you are young (as I expect you are) you won't have the shackles that hold you in London. If you are older and own property, selling up and moving will raise a huge amount of capital in the current UK market, even after purchasing elsewhere. Capital that you could invest in the startup.
I moved from Alexandria (Loch Lomond, north of Glasgow) to Cambridge in 1988. I was penniless having not been paid for months and then the company went tits up. And yet I could afford it. Moving doesn't cost that much (it didn't then and it doesn't now and I had my stuff in storage for over a year - it cost so little I can't even remember it - if it had been expensive that'd be lodged in my brain forever) in relative terms. It doesn't take that much time (not when you factor the cost against where you are living).
Cash burn is your major issue - compared to this, moving costs are trivial. Cash burn in London is worse than just about anywhere you can choose in the UK, from premises rent to wages to live, etc.
>Being in very large cities has a lot of other advantages as well, even to >start ups.
There are plenty of large cities in the UK. None of which of have the costs associated with London. Or the -ves of living in London (but I guess you see those as +ves). If I was in the market for choosing a city (I'm not, I hate them) I'd choose Manchester or Leeds or Glasgow.
Anyway, as I said, good luck with your startup. I hope for your sake it has a higher barrier to entry than punchbowl.com. Do you have a website so we can see if you have a decent idea? (No I don't want to copy it, I'm way too busy already).
Stephen
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In message <9ADC6FC0-C819-4D12-A26D-00A0AE7B4977@aol.com>, Reprisal <nepenthereprisal@aol.com> writes
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Stephen Kellett
Object Media Limited http://www.objmedia.demon.co.uk/software.html
Computer Consultancy, Software Development
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