“I’m a bit disappointed with the progress to be honest,” says Martin Stiksel, one of the original founders of music streaming site Last.fm and now co-founder of Lumi.
Stiksel, who in 2007 with Felix Miller and Richard Jones sold Last.fm to US media giant CBS for $280m, was talking about the London tech scene. Tech City as it’s now known has essentially grown from the Shoreditch roots set down by Last.fm’s desire for large, affordable office space in 2006. Shoreditch was a different place back then.