Could London Become the Tech Capital of Europe?

With New York City’s emergence as a start-up hub, the suburban nerdistan model for high tech start-ups appears to be losing some luster. "Whether Silicon Valley’s hegemony is in jeopardy or not," I wrote Monday, "there can be little doubt that high-tech has taken on much more of an urban cast in the first decade of the 21st century."

The same urban tech dynamic appears to be taking root in London. This map from Tech City charts the rise of London’s "Tech City" or "Silicon Roundabout" in the area around Shoreditch, where some 200 significant high-tech companies and as many as 600 tech-related firms have sprouted, according to a report in Gigacom.