PRESS DIGEST- British Business – Nov. 24

PRESS DIGEST- Financial Times – Nov 24

Requiem for a Unicorn

unicorn2a Editor’s Note: Micah Rosenbloom is a Venture Partner at Founder Collective, a seed-stage venture capital fund. Marc Andreessen has said that there are 15 companies per year that generate 90% of the returns for VCs. Startups jockey for position in the “Billion Dollar Club.” In the world of startups we don’t have the S&P 500, we have the “Unicorn 50.” Fab… Read More

Italian bank Intesa eyes UK’s Coutts International – FT

Nov 23 (Reuters) – Italy’s retail bank Intesa SanPaolo is looking at a possible bid for Coutts International, the wealth management arm of Royal Bank of Scotland, the Financial Times reported.