Cirata (nee WANdisco) provides amusement until we remember it’s no joke, and private equity continues to re-assert its authority
In this month's podcast...
In April, some familiar trends became more pronounced in the UK tech sector - the most striking of which was the increasing juxtaposition of confidence levels between private equity and the capital markets. There were no fewer than four billion-dollar private equity deals announced - the Darktrace P2P and SBOs from Focus, Rimes, and Zellis – with only three small follow-on offerings in reply from the stock market. Soggy share prices once again only served to underline the stock market gloom, even if we did outperform NASDAQ for a change. Venture capital continues to bump along the bottom with another very quiet month for deals, as does M&A with another sub-50 transaction month, although both of those areas are actually showing underlying improvement if you look hard enough. Meanwhile, trading news from UK tech companies continued to be mixed, but, here again, the trend is gradually improving.
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The Sheriff of AIM at www.ShareProphets.com
7moCirata nailed on to run out of money again, will need another bailout before Christmas. Meanwhile save Richards still has his mbe the bonus awarded after fraud emerged and that bent football club deal. Total disgrace