Christophe Bavière, CEO of Idinvest, expresses his views on the risk of London losing out to European start-up rivals
Much depends on Brexit for London's businesses. Data shows that London was Europe's largest tech hub in 2016, in terms of numbers of start-ups and the amount invested over the previous five years as well as in numbers of start-up employees. But it could lose that crown to other EU capitals: Paris and Berlin are already positioning themselves to scoop up any fleeing investment or talent. "With Brexit, you are recreating borders in a market that is already perceived by [non-EU] foreigners as a complex one," says Christophe Bavière, chief executive of Idinvest Partners, a private equity firm focused on Europe.