Every series of Dragons’ Den has one: Smarta likes to call it the ‘Reggae Reggae moment’ – that episode where the hunters become the hunted and James Caan and Duncan Bannatyne end up huddled in the corner of the room debating how they can out-bid their rivals.
It looks as though the fight for world wide web domination is hotting up: web giants Microsoft and Yahoo have announced plans which may see nemesis Google lose its stranglehold on the online search and pay-per-click (PPC) markets.
As entrepreneurs continue to struggle with funding problems Smarta would like to raise a toast to Towergate founder Peter Cullum who has decided to take the fates of small businesses into his own hands and start an investment group for new businesses.
When Bebo founder Michael Birch and Lastminute.com entrepreneur Brent Hoberman announced the launch of their start-up investment fund PROfounders Capital earlier this month the tech sector could hardly contain itself – and now it seems the pair have started something of a trend.
British tech entrepreneurs are optimistic about the level of investment available to them an audience discovered at an event held in London last night. ‘Show me the money’ organised by tech events company The Glasshouse featured a panel made up of Bebo founder Michael Birch investment banker Andreas Lazar and venture capitalist Nic Brisbourne
It’s been a long time in coming but it looks as though the government has finally seen fit to intervene: later today almost 10 months after the banking bail-out chancellor Alistair Darling will meet executives from the British banking sector to question them over their lending practices.
Could the end of the super-brand be nigh? It certainly looks one step closer after it was revealed coffee colossus Starbucks is planning to strip the branding out of three of its stores in the company’s home town of Seattle transforming them instead into bohemian cafes with a more ‘community personality’.