There is that well know saying that good entrepreneurs learn from their mistakes and start a new business. It is great to for the entrepreneur but not when you are footing the bill. Naked Law says that Simon Grice has just announced his new local call company soon after I received a letter from the administrators to his last venture, Midentity/etribes. £2million went into that venture from a group of experienced and, I hope, wealthy investors. Let us hope that Simon is grateful and grants us some options as a “Thank you”!
Will he be returning to the Cambridge Cluster to fund his new company? Should we try second time lucky, or in his case third time lucky? Let us hope that it is not another training budget! Any brave angels out there?
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