ferdy
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Post by ferdy on Sept 19, 2016 10:03:52 GMT
In the news today is a report that states how bad the UK is on funding start-ups (http://www.bbc.com/news/business-37402344).
I wonder if there are any P2P platforms that specialise in start-ups or is it just too risky.
Anyone any experience in this market?
Thanks
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adrianc
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Post by adrianc on Sept 19, 2016 10:43:19 GMT
The headline's more than a bit misleading. What's being talked about is not the initial funding of start-ups, the set-up capital, but funding the longer-term growth - and where the company is successful, the founders resisting the temptation to cash in early.
TBH, to be shouting about this in the context of ARM's recent sale to a Japanese corporate is just as misleading. ARM was started in 1990 as a JV between Acorn (who really were a UK startup, back in the late 70s, alongside Sinclair, albeit with an Austrian as one of the two founders), Apple and VLSI, a US start-up that was bought by Philips (who are Dutch) in the late 90s... It'd been publicly listed since 1998, on the LSE and on NASDAQ, so to say it was ever "British" is a bit of a stretch.
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