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Thread: GE2017 take 2

  1. #211
    Join Date
    Sep 2006
    Posts
    9,251
    'Venture capital' rings lots of bells but I didn't know there was a government element to it.
    WA$.

  2. #212
    Join Date
    Oct 2009
    Location
    Cambridge, Duxfordshire
    Posts
    2,858
    Sorry John.. or shall I call you 'comrade' now?

    I understand that the broader the portfolio the lower the risk. Venture capitalists still exist, from experience they do a lot with Cambridge computer-related start-ups, which either a) muddle along in a flatish way, kind of break even and fold quickly without losing anyone too much money or b) make shedloads.

    I think being a VC is never going to lose anyone a fortune, but might make a second one. Trouble is they like to invest in posh hobbyists that went to the same school whether the proposition is all that great or not, not just some bloke from Widnes with a good idea. It's a tribal thing. The VC money doesn't necessarily flow too far from these 'centres'.

    I also wasn't aware of previous Gov involvement in venture capital.
    Last edited by Beermat; 22nd May 2017 at 20:39.

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