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cheap temovate Much has been written about London's Tech City in recent weeks as it celebrates its third year anniversary. In particular, huge capital is being made about New York Mayor Bloomberg's comments comparing Tech City favourably with Silicon Valley. But, for every positive story there seems to be a negative one, and a lingering band of naysayers who believe Tech City (and maybe the broader UK tech economy) is overhyped and just another bubble waiting to burst. Opinion abounds. So, perhaps a good time to step back from the rhetoric and look instead at the underlying financial dynamics of London's tech marketplace.