Definitely a win for the UK tech scene and US/UK tech collaboration/M&A in general. Having met Mike on several occasions, it’s clear he’s a huge asset to the AI startup ecosystem here in the UK. Certainly feels like justice has been served in one of the world’s most epic cases of buyer remorse. HP have managed to appear spectacularly hapless from this whole decade+ episode and simultaneously trash their reputation as a buyer. Who on earth would want to risk selling their business to HP now.
Definitely a win for the UK tech scene and US/UK tech collaboration/M&A in general. Having met Mike and pitched to him on several occasions, it’s clear he’s a huge asset to the AI startup ecosystem here in the UK. Certainly feels like justice has been done in one of the worlds most epic cases of buyer remorse.
I mean.... I'm not sure how/why he was "cleared" considering it's well established the Autonomy engaged in significant accounting fraud to inflate its revenues. The CFO is still in prison over this.
I personally found that quite boring after the first 6 seconds, but of course I don't speak for anyone other than myself so maybe I'll soon be the only person in the world who doesn't find that remotely interesting as a spectator sport?
Part of the reason why micromouse is fascinating is not necessarily the "play-by-play" action, but rather the technological and mechanical skill that goes into running them so successfully - sort of like F1 being more engineering-focused than other forms of racing
From what I understand, F1 is about "emphasizing the importance of driver talent and creating a level playing field", hence the ban of tech like traction control. As an engineer, I'd love to see what the technology could do if unleashed. However, it's probably expensive and I doubt will catch the interest of anyone but uberNerds like me.
Did you consider what will happen once we have this working and we add nitro boost, random wrecking balls, surprise ice segments, collapsable terrain and guns?
I think “digital nomad” tends to refer to remote workers (often working with companies based in their home country) who travel around, “economic migrant” refers to workers moving to a country where there are better job opportunities, specifically to find work at a company based in that country. Less to do with skin tone.
What happens if you move to Germany and draw a salary from a German company for 3 months, then repeat for France, Portugal and Finland? Nomad or immigrant?
Wow, do not understand this approach some founders take. Being “radically” transparent by showing your cap table and talking through liquidation prefs/exit scenarios with every single employee is an absolute prerequisite for me. For me this has driven loyalty and paid dividends in culture and retention. I would not work for a startup where the founder wouldn’t share that info.
How many times has a startup shown you the full cap table? Was this at the very early stage, before raising money, or even after funding rounds?
The cap table contains names of individuals. Most founders I know were reluctant to share the exact details. At the same time it's impossible to value option or equity grants without knowing valuation estimates, shares outstanding, round sizes, and liquidation preferences. Those get shared more readily.