There was a nice comment at the recent meeting run by SETsquared, the inter-university start-up support programme, when James Collier, CTO and co-founder of Cambridge Silicon Radio said he had come to talk about his experiences because he believed in SETsquared.
One of the admirable things about the current wave of successful UK high-tech entrepreneurs is that they do, on the whole, give back to the industry, very much in the style of the Silicon Valley success stories who become gurus, VCs, angels and consultants.
Of course there have been some instances in the UK of chaps buying villages but, on the whole, the norm has been to keep involved in the industry, to make investments in the industry and to help out.
This is a far cry from successful UK entrepreneurs of the past who, once they made they money, turned their backs on industry, bought a stately home in the countryside, became Masters of Foxhounds and settled down to the traditional country pursuits of hunting, shooting, fishing and adultery.
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