Wednesday 12 July 2017
Samsung’s Next technology fund has announced it intends to open shop in Berlin over London because Britain’s capital city is too expensive, and “not a fun place to live unless you are really rich.” In an interview with The Times, Felix Petersen, the managing director of Samsung’s $150 million technology fund, announced it chose Berlin over London, saying: “In London, the cost of living, the cost of getting around and the infrastructure mean it’s not a fun place to live unless you are really rich, especially for young people.” Petersen said the city no longer had any reasonably priced neighborhoods,…
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