2016 was a damp squib in so many ways, for reasons we hardly need to go into here. But despite some reports to the contrary, tech, and more specifically investing in early stage, London based tech startups flourished last year, insists the CEO of one of the UK’s most prolific early stage tech investors.
Letter One, an investment company who describe themselves as “a partnership of successful entrepreneurs and international businesspeople” has launched a new investment vehicle, L1 Retail, which consists of a $3 billion dollar fund to back “a small number of retailers that have the potential to become market leaders in their segments and markets”,
Throughout 2016, after the excitement of playing host to one of the world’s most exciting and fastest growing start-up eco-systems, London and the UK faced increasing pressure to grow these early stage, sometimes venture-capital-funded enterprises into something more substantial and permanent; “scaling-up”, however, 2016 has taught us, is never easy to do.
The thing about London; it’s full of smart people. Everywhere you look, on the tube, the buses, in the taxis and Ubers; every office and every shop is crammed full of smart people, going about their business.
So, when a new phenomenon, the world of tech start-ups, starts to grow up around the Old Street roundabout,
Does tech make our lives better? Will technological advances put us all out of a job (and is that a bad thing?), what role should, or more pertinently could government play in marshalling the forces of technology for good, and does tech make us more, or less sociable?
These and a myriad of other deep-tech,