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With that in mind, here are a the top 3 reasons the UK will continue to lead: Government tax incentives for investing in start-ups: While the US has flirted with tax incentives in the form of reduced capital gains tax on early stage venture investments and even reduced capital gains on these investments to Zero for a short period of time as a part of the Small Business Jobs act of 2010, the UK governements Enterprise investment Scheme (EIS) and Seed Enterprise Investment Scheme offer not only Capital Gains Reductions but also tax liability reductions and loss relief in the event that the start-up fails. For investors who dont owe capital gains, the SEIS relief can cover over 70% of the investment meaning investors are only at risk for 30% of what they put up. Fewer Angel Investors: The UK Business Angel Association sticks Angel Investment in the UK at roughly 850 Million per annum. In the US the figure has surpassed the $20 Billion mark and is continuing to grow. Where most would look at this as a negative, for crowdfunding this is actually a positive as there is a large unfilled need for seed capital which can be filled by the crowd. History: Now this point is contentious but worth mentioning. Companies in the UK have had a longer time to get it right and will be able to export their more refined models to the rest of the world more quickly than those in the US. Even as we speak many of the big names in the UK are receiving authorisation to operate in many EU countries and its just a matter of time before we see intra-EU investment rounds being completed. Though a UK only company may not be able to take on the US market, a company with experience operating in multiple EU, and potentially beyond, countries will stand a fair chance. For these reasons the UK platforms will continue to lead at least in the short term. What the long term holds is unfortunately anybodys guess but Id like to think that there will be a bit of consolidation and potentially even cross country/platform collaborations which would act for start-ups much in the way that a public company might choose to list on multiple stock exchanges.