Imitating Silicon Valley is ‘pointless’ says former Dragon
29 July, 2011 Category: News No Comments 
Original post by James Hurley via The Telegraph
Doug Richard, who is launching a training and mentoring scheme for London’s creative sector start-ups, says Silicon Roundabout “misses the point” – and that lending can be boosted for “small businesses until you’re blue in the face” without creating jobs.
Doug Richard: "We’re more likely to prosper from our existing assets and successes than if we try to imitate others."
Mr Richard, the technology entrepreneur and former Dragons’ Den panellist, has said the focus on fostering web start-ups in London “misses the point” and it would be more effective to encourage new businesses in sectors where the UK has “existing successes”.
