A venture capital group backed by Cambridge university has launched a new £100mn fund to invest in start-ups in the region, bolstering the UK government’s plan for higher education institutions to drive more economic growth. #AcademicSky
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Meanwhile, much of rest of the #University sector in England, Wales & Scotland slides into a sinkhole of regional neglect. Any chance #Cambridge could pay its junior researchers & lecturers better with some of that dosh?
Nope, they will give excellent equity to 20y/o to app-ify an innovation so that some rando out of MBA gets a lambo while the researcher gives away his IP to starve in a shared apartment for a shot to an empty title someday.
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