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