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Follow on TwitterComputing is reporting that Venture Capital (VC) funding for early-stage business technology development is down by just under £100 million. It’s apparently due to the lack of financially viable investment opportunities.
They spoke to Library House (their CEO is Doug Richard off Dragon’s Den), who said that the UK has innovative ideas, but money to take them to the next level is scarce. He also says there are not enough firms looking for investment that can offer the level of return on investment that VC’s are looking for.
Sounds more to me like the money is there, but most of the businesses pitching to the VC’s for funding are as bad an investment as those on Dragon’s Den!
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This blog is about business opportunities and ideas that I spot, think of or hear about and think are useful and interesting. It is intended to provide ideas and inspriation for you to help you find the right business idea for you to then grow it into a successful business.
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