Tech startups look to Lisbon as Brexit looms
Uncertainty around UK leaving EU is already doing damage as investors have cancelled or delayed funding in at least 30 British fintech startups since the June 23 referendum
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BACK in 2012, Jaime Jorge did something that few of his Portuguese compatriots ever did: He turned down a job at Google in London. Mr Jorge, then a 24-year-old software developer, chose to start his own enterprise instead. Five years later, Codacy, the company that he co-founded with Joao Caxaria, uses algorithms to automatically correct mistakes in software code for scores of businesses worldwide, including PayPal and Adobe.
They have never looked back. "Instead of working 18 hours a day for someone else, we did this cool project for ourselves," Mr Jorge said at a cafe in Baixa, Lisbon's historic district. "We had an alternative."
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