So from today, the Index team in London will have two homes - one in Central London in Mayfair and one in East London near Silicon Roundabout.
We will be co-locating at 32-38 Scrutton Street with our new landlord, Richard Moross and the rest of our friends at Moo in their shiny new offices alongside Groupspaces, Lightbox, Soundcloud, SparkPR and Tweetdeck.
Our intention is to:
- do something that gets us even closer to the teams we work with,
- hold open office hours to meet some of the new companies we don’t, and
- generally embed ourselves in what is one of the hottest startup zones in Europe.
All the Index team will be spending time there and currently Neil, Mike, Robin, Simon, Ben and Saul all directly work with businesses in the neighborhood.
This move East has been a journey which started when we first invested in Last.fm (CBS) and Moo in 2006. Over the last five years, we have seen the area around Old Street roundabout evolve into what today is know as Silicon Roundabout.
The term was actually coined in 2008 by Matt Biddulph one of the founders of Dopplr (Nokia), who was one of the happy tenants at Moo’s previous offices. The shared working space movement in London, which Moo helped to pioneer, has really taken off in the last few years with the formation of places like TechHub and the cluster has continued to form around Old Street.
Songkick are in Hoxton, Moshi Monsters recently moved into Shoreditch (alongside digital design & marketing thought-leaders like Albion, Berg, Glue, Mother and Poke) and White Bear Yard has started to create a great cluster of businesses in Clerkenwell.
We couldn’t be more excited about London and the opportunties to build great international start-ups here and hope that being East as well as West will help us in this quest.