I've submitted this story because I think it's a symptom of how the tech boom in London could face serious cultural issues. British society has an elitism that means they need to make these kind of hierarchies and I wonder if it won't eventually prevent new start ups from getting the attention that they need without the 'blessing' of one of these people?
But maybe it works like this in the 'Valley' as well?
The main negative for me is it doesn't give any feedback on the health of the London tech scene... just the deification of founders (which if you want to talk about elitism has quite a fair few rich kids spending daddy's money!) so the inevitable focus on board level, VCs and the schmoozers.
It would have been better to see more from those who've made it and those who are just starting out for commentary on their difficulties, challenges and feedback to the wider community and/or govt.
ps - got to love the picture in front of a 'smug' fridge
http://www.appliancecity.co.uk/news/wp-content/uploads/2011/...