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The UK Recruitment Industry
At its simplest recruitment can be defined as the process of attracting, screening, and selecting a qualified person for a job opening. The global recruitment and staffing industry includes recruitment, or employment, agencies providing services for various business enterprises in different sectors. The market can also be grouped into temporary and permanent staffing markets. Over the past years I have worked on many sides of the recruitment business, as part of business leadership teams, responsible for managing PSL’s, hiring and in consulting to both recruiters and clients on how to improve the process. It is without doubt one of the most complex, challenging, at times intensely stressful and rewarding jobs…
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Why do start-ups fail?
Introduction It is estimated that 70-75% VC (Venture Capital) backed start-ups don’t return the funds that investors put in with 50%+ returning nothing. VC database CB Insights reviewed more than 1,000 start-ups that raised seed rounds in 2009 and 2010 and found that by the end of 2015 less than 50% had secured a second round of funding. Just 22% achieved a sale or IPO and 1% reached a value of $1 billion. Starting your own business is the big dream for many of us, the opportunity to become your own boss and make a lot of money is hugely compelling and every second three new businesses are launched (11,000…
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Centaurs, Unicorns, Decacorns and Rabbits!
With around $12 billion invested by VC’s across nearly 1,000 businesses in Q1 2016 (Source: PricewaterhouseCoopers LLP & National Venture Capital Association) alone there doesn’t appear to be any shortage of funds in the market! It is slightly lower (around 11%) than in 2015 but it’s also the ninth consecutive quarter with more than $10 billion in venture capital invested! IT, with software in particular, takes the lions share with just over $5 billion and with 50% of deals valued at $100M or more. Within that value $2.4 billion was focused entirely on Internet-Specific businesses. In second place came Life sciences and Biotech which totaled just over $3 billion in…
