Capital Idea: Tech views

MICHAEL ACTON SMITH
CHIEF EXECUTIVE OF MIND CANDY
“We are proud to be a British company and love being based in London. We welcome these new initiatives to make the London financial markets more attractive to the many fast growth tech companies that are based here.”

ERROL DAMELIN
CHIEF EXECUTIVE OF WONGA
“If we want to build Googles, Facebooks, and Apples in Britain, our entrepreneurs need the backing of British financial institutions. The London Stock Exchange is listening, and I hope these proposals will create a platform for fast-growth companies with the character and the capability to go global.”

NEIL RIMER
CO-FOUNDER OF INDEX VENTURES
“We welcome the LSE’s proposals to help kick-start London’s IPO market for high growth companies... but these changes are not a panacea. In order to give European growth companies robust access to public markets, the institutional investment community need to invest in understanding how growth models work and how they are valued to develop conviction about owning pieces of these companies.”

GREG CLARK
FINANCIAL SECRETARY TO THE TREASURY
“We are delighted that the London Stock Exchange is taking action to ensure that London’s public markets are organised to help these companies fuel their growth. The UK has a world leading crop of high growth businesses, and the announcement is an important step in creating the right environment for them to IPO in London.”