{"id":5741,"date":"2016-07-18T22:04:10","date_gmt":"2016-07-18T16:34:10","guid":{"rendered":"http:\/\/www.ishwark6.sg-host.com\/?p=5741"},"modified":"2016-07-18T22:08:54","modified_gmt":"2016-07-18T16:38:54","slug":"brexit-wholl-replace-the-startup-capital","status":"publish","type":"post","link":"https:\/\/startup-buzz.com\/?p=5741","title":{"rendered":"Brexit: Who\u2019ll Replace The Startup Capital?"},"content":{"rendered":"

The historic referendum of 23rd June in Britain changed the economic, social and political picture of the society. The British Prime Minister David Cameron stepped down. The jubilant pro-Brexit Eurosceptics, now rethink about their decision. Dow Jones has been rapidly falling every day. Investors around the world are petrified about the decision of Brexit and the rapid decline in Pound is an evidence of the potential destruction caused by this event. So what happens next?\"brexit\"<\/a><\/p>\n

An insight into England’s entry into the Europian Union:<\/h3>\n

The tale of England’s entry into the European Union is also an interesting one. United Kingdom entered the EU in 1973, after the death of the French Prime Minister Charles de Gaulle, who doubted Britain\u2019s loyalty to Europe. \u00a0Hence, the luster that England added to the EU is put into question by this historical fact.<\/p>\n

Also Read:\u00a0Brexit Brings a Dark Day for European Startups<\/a><\/p>\n

The Rat Race for replacement<\/h3>\n

London, the city with one of the strongest financial sectors, home to several companies, the European startup base that gravitates several companies, is now in peril. The cut-throat competition for replacement of this hub has already begun and the buzzing article, \u201cThanks to Brexit\u201d, by the Dublin commissioner is a manifestation of the same.\"rat-race-brexit\"<\/a><\/p>\n

The German Startups Association boss Florian N\u00f6ll, said \u201cThe German startup capital of Berlin is the winner of Brexit, London is the loser,\u201d, further adding \u201cWe haven\u2019t seen ourselves as German or British entrepreneurs in a long time. We are European entrepreneurs. Our startups were founded for international markets.\u201d Thus, companies which enjoyed direct access to the single market owing to Britain\u2019s EU membership would now lose access. This would then instigate them to consider relocating, to maintain access to the Euro market. On account of this, other European countries show their excitement and expectations of a boost in their national economy due to Brexit. So has Britain jeopardized its position in the world economy?<\/p>\n

The Contenders<\/h3>\n

Countries in the whole of Europe have plunged themselves into the competition and are putting their best foot forward to become the start-up base. On one hand, there is Dublin, which is looking at it as an opportunity, not to be wasted and Ireland\u2019s financial agency is reminding it\u2019s investors about the Emerald Isle still continuing to be a part of the EU. On the other hand, there\u2019s Berlin, already home to successful enterprises like SoundCloud and Rocket Internet. Furthermore, there\u2019s Stockholm, with Spotify and Minecraft\u2019s maker, Mojang and Amsterdam which has actualized Adyen. Paris is also a part of this, where in Business France, the French government agency published leaflets outlining the joys of working\u2014and living\u2014in Paris. \u201cIt\u2019s not that we\u2019re trying to take advantage of the pain of others,\u201d said Alain Pithon, Paris Europlace\u2019s secretary-general. \u201cBut we think we have a card to play.\u201d Hence, countries are wasting no time to try to take advantage of this situation.<\/p>\n

Is it a sign of the setting Sun or of Economic growth and development?<\/h3>\n

While speculation is rife about who replaces London, experts around the world give varied views about its effects. Some are claiming it to be a sign of the setting sun in Europe, while others like Dean Baker, co-director of the Center for Economic and Policy Research, look at it as a ray of hope that might bring Europe back on the road towards economic growth and development.<\/p>\n

Nevertheless, whatever happens, this turn of events has instigated various debates and the race for the replacement of the startup capital is still on.<\/p>\n

Also Read:\u00a0Germany Flexing Up To Become the Next Business Hub Post Brexit<\/a><\/p>\n

Share your reviews regarding Brexit in the comment box below.<\/p>\n

Subscribe with us to get your dose of interesting news, research & opinions in the startup segment. Fill the form below:<\/p>\n

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The historic referendum of 23rd June in Britain changed the economic, social and political picture of the society. The British Prime Minister David Cameron stepped down. The jubilant pro-Brexit Eurosceptics, now rethink about their decision. Dow Jones has been rapidly falling every day. Investors around the world are petrified about<\/p>\n","protected":false},"author":434,"featured_media":5742,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[21],"tags":[1333,1619,443,1618,1620,1622,1621],"class_list":["post-5741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-start-up","tag-brexit","tag-economic-growth","tag-economy","tag-europian-startup","tag-rat-race","tag-replacement","tag-the-contenders"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/startup-buzz.com\/wp-content\/uploads\/2016\/07\/brexit.jpg","_links":{"self":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/5741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/users\/434"}],"replies":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5741"}],"version-history":[{"count":2,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/5741\/revisions"}],"predecessor-version":[{"id":5746,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/posts\/5741\/revisions\/5746"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=\/wp\/v2\/media\/5742"}],"wp:attachment":[{"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/startup-buzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}