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    "The world is ill divided"

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    papa_umau
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    "The world is ill divided"

    Post by papa_umau on Tue 05 Jan 2016, 12:16 pm

    These are the twenty most valuable start-up companies in the world:

    The term "unicorn" was introduced in venture capital circles to denote a start-up whose valuation had reached the rare milestone of $1bn. These companies are no longer all that rare, with some fledgling firms reaching valuations in the tens of billions: These are the 20 priciest of them all.

    Find them HERE by clicking along the row of number-links at the top of the page.




    It seems that even in these days of severe austerity, companies quickly worth a billion Dollars or more are appearing at a rate that seriously bucks that trend.

    While nobody should be jealous of the successes of these clever people it does seem that venture capital is not in short supply for those that have the ideas and the contacts.

    AND... the rich continue to get richer and the poor continue to get poorer, even in the face of these successes.

    "The world is ill divided" - A Dundee Jute Mill song.



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    zathrus
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    Re: "The world is ill divided"

    Post by zathrus on Thu 07 Jan 2016, 12:56 pm

    Great song Paps, and it is very true all across Britain and not just in your Scotland.
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    papa_umau
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    Re: "The world is ill divided"

    Post by papa_umau on Fri 08 Jan 2016, 1:09 pm

    Yes Zath', and I was reading yesterday that yet another long established mill in Hawick has gone under.

    Headlines yesterday:

    Another 180 lost jobs:


    Hawick Knitwear, one of the few last holdouts of quality Scottish Knitwear alongside the name of Pringle, etc' has gone bust.

    The Liddesdale Road factory will cease trading immediately and the majority of the workforce will finish today (Thursday).




    Scotland has always been famous for high quality knitwear and many hundreds of these mills have now gone under after cheap copies of this type of knitwear have been imported from the Far East.


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