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With two new funds, LocalGlobe has more latitude than ever – TechCrunch

“Just in case you say anything interesting,” I quip back. “I won’t be doing most of the talking, so maybe someone will say something interesting,” Klein replies poker-faced, before grinning. Once again, I’ve agreed to an ensemble-style interview with multiple members of the LocalGlobe investment team: Klein, George Henry, Suzanne Ashman, Julia Hawkins, Mish Mashkautsan and Remus Brett. Unlike in 2015, however, when I visited the early-stage VC’s then offices in Tileyard Studios, the interview is taking place over Zoom, rather than the firm’s new Phoenix Court premises in the King’s Cross area of London. Also in contrast to last time, when I wanted to scoop LocalGlobe’s latest fundraise and Klein rather I didn’t, this time it’s the other way round: I’ve been invited to write a piece partly anchored on news of two new funds that were quietly raised last year.

Investing in university spin-outs can help your profits grow

The Social Network, the film that depicts the founding of Facebook by Mark Zuckerberg and his Harvard friends, is a compelling drama that also causes viewers idly to speculate: If I d been able to back this university start-up in 2004, how rich would I be now?   Facebook is now an $880bn giant. The share price has risen from $42 in 2012 to $309. Yet its early performance was disappointing, a point to note amid the buzz over Oxford Nanopore, the DNA sequencing technology business spun out from the university that is set to make a stock market debut this year.  For savers in the failed Woodford equity income fund, Oxford Nanopore s move has been a fresh source of chagrin, as the stake was sold by the administrator Link at a fraction of its current value. 

Investing in university spin-outs can help your profits grow

Investing in university spin-outs can help your profits grow
dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.

Staff at Cazoo in line to share £400m payout as it prepares to go public

Staff at Cazoo in line to share £400m payout as it prepares to go public
telegraph.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraph.co.uk Daily Mail and Mail on Sunday newspapers.

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