Yippee!
Investing in the start-up stars of tomorrow.
Oh.
'Never mind, boss.'
Yeah.
Investing in Britain's most promising young businesses has become increasingly popular, resulting in record years for venture capital fundraising.
Who says?!
Alex Davies, CEO and Founder of Wealth Club, the UK's largest broker of venture capital investments says:
Fine. Come on, then!
"The number of privately held companies valued at $1 billion or more, known as 'unicorns', has passed 1,000 globally, with the UK home to more than anywhere else in Europe. A sizeable number, including Zoopla, Depop and Many Pets, received funding through VCTs, EIS or SEIS.
"These government backed schemes have been key to the UK start-up boom. By supporting the creation and expansion of young companies they create jobs, drive innovation and grow the economy. In return the generous tax reliefs help to offset risks for investors, crucial in a market where many companies will ultimately fail.
"Wealthier investors, who are locked out of mainstream tax shelters like pensions and are already maxing out their ISA, should consider tax efficient venture capital investors as an important part of their wider investment portfolio for three key reasons. There is still time this tax year to invest but with many offers closing before 5th April. The clock is ticking."
Er ...
'How old is this PR email, boss?'
Shut up, Voice.
Thanks, anyway, Alex.
ENDS
ENDS
ENDS
...
Anything else?
There is nothing else.
It's not my fault. Blame Alex.
'Ha!'
There is this, though.
I will keep it going for a while.
'Nice one!'
Yeah.
For a while longer.
But not much longer.
'Just a while, Mikey.'
That's right, Voice. Just a while.
With more words like these ones.
'Ha, ha, ha!'
Yes, it's funny - when you look at it a certain way.
It's also ...
... not very funny - when you think about it, but ...
DON'T THINK ABOUT IT - !!!
