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That's the same building as the Digital Jersey Hub.
Down rounds appear to be more frequent in recent months. But surely down rounds regularly occur, even in “normal” times? Half a year on from the pandemic starting to hurt the economies, evidence has emerged that the number of down rounds is definitely increasing.
Investing in fast growing scale up businesses that generate over 100X is the stuff analysts dream of. Yet it can so easily all go wrong, no matter how deep your pockets are. Cast your mind back to 2012 and imagine that you’d been offered the opportunity to invest in a technology business that was changing the way people and businesses work.
Unicorns remain the ultimate achievement for entrepreneurs and investors alike. But away from the kudos of joining this exclusive club, are such goals the best target to aim for?