View Single Post
  #25 (permalink)  
Old September 1st 16, 07:08 PM posted to uk.rec.audio
Iain Churches[_2_]
external usenet poster
 
Posts: 1,648
Default An interesting concept


"Dave Plowman (News)" wrote in message
...
In article ,
Iain Churches wrote:

"Dave Plowman (News)" wrote in message
...
In article ,
Iain Churches wrote:


Dave wrote:
I'd hope he's already researched the idea before spending vast sums on
it.


You can be sure of that. The investment comes from venture capital
(about half from the UK)


All with no ties?


I stated clearly above the company is financed by venture capital.

Since the Brexit decision, sterling has taken a tumble, (it is a 1.185 Euros
today) and UK merchant bankers are very keen to make solid investments
in the EU before the door closes on them. So they are currently offering
terms more advantageous than their German, French or Swedish
counterparts.

Of course I wish him luck. But he wouldn't be the first to blow
redundancy money on untested ideas.


It takes a considerably more than a termination of contract payment
to set up a classical recordiing studio Check out the price tag of an
AWS 948 console from SSL, or a Lawo mc2 90.

Iain