Old guard of the Square Mile must change their attitude towards loss-making, high-growth tech companies Towards the tail end of 2020, investors were gleefully rubbing their hands looking ahead to a year like no other for London’s public markets. Rumours of multi-billion pound tech floats from the likes of Deliveroo, Darktrace and Wise began to swirl around the City. By late March this year, the hotly anticipated Deliveroo IPO led [...]
London can become home of the ‘decacorn’ – and create its very own Apple, Google or Facebook If 2015 was the year of the unicorn, 2016 has been the year of the decacorn. Supercell, a Finnish game developer, earlier this year became Europe’s first ever $10bn (£8.2bn) technology company. Even a few years ago, commentators did not believe the European technology sector could achieve this milestone. Now, it is evident that London [...]