Ian, I think it comes down to the fact that graduates here in London and the rest of the UK aren't all that interested in startups as a whole. Having studied at a top London uni and having friends doing CS degrees at Imperial, UCL etc, none of them even considered joining a startup. It seems as though all of these graduates have their heart set on joining investment banking/trading - this is largely based on what they think the job is like, but after they join, they realise it sucks but the money is pretty good they just put up with it. This is based on 10+ of my friends working in banking and hating the hours and the work.
We need to foster more of a startup culture within university campuses, right now 99% of graduates don't even think about joining a startup - it just doesn't even come into their mind, totally focused on joining a blue chip.
Finally, many (not all!) of the startups here in London don't even have a proper business model and haven't made a profit despite being established for years. So that doesn't exactly inspire confidence in the top CS graduates they hope to attract.
We need to foster more of a startup culture within university campuses, right now 99% of graduates don't even think about joining a startup - it just doesn't even come into their mind, totally focused on joining a blue chip.
Finally, many (not all!) of the startups here in London don't even have a proper business model and haven't made a profit despite being established for years. So that doesn't exactly inspire confidence in the top CS graduates they hope to attract.