2 posts tagged “sunday times”

Andrew Stone (whom I met last year at a Sunday Times event) writes an article in today's Sunday Times which explains how funding has dried up for many small companies during this time of economic investment 'drought' and how companies are involving others in their growth.  This article neatly captures one of the key reasons behind our issuing our 'Shaving Bond', and although we aren't a cash-strapped start-up, when you're competing with the 'Big Boys', as Tesco would say "Every Little Helps'
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Andrew Stone, Sunday Times: Small firms search for Angel groups.

Where have all the angels gone? That is the question a growing number of ambitious but cash-strapped small firms are asking as they struggle to find investors.

Already hit by a slump in bank lending, they are now suffering as angel investors thin out, forcing them to delay expansion. The absence of angels is being made worse by the retreat of venture capitalists, creating a widening funding gap for firms.

Angel groups, which usually invest about £1 billion in British businesses each year, are expected to invest a third less this year, said Jenny Tooth of the British Business Angels Association, which is trying to recruit new investors.

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Read the full article here

King of Shaves Shaving Bond Advertisements in the Mail on Sunday, The Sunday Times & The Sunday Telegraph (original blog post)