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This week ‘Unmind Live’ launched on YouTube. Unmind CEO and Co-Founder Dr Nick Taylor explains what will be involved, the experts contributing, and the added importance of nurturing mental wellbeing through self-isolation.
Last night the prime minister announced new measures to help us keep away from one another and stem the rise of the coronavirus.
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The explosion of the subscription economy
The last decade has seen the rise of the subscription economy. Whilst advancements in technology and the explosion of social media both play a huge role in the democratisation of subscription businesses, they are not the underlying reasons why subscription is becoming the norm. They are catalysts. The explosion of the subscription economy is simply a reflection of demographics of the customer base it’s attracting.
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I certainly think that statement might not be as applicable for those companies still early in their growth trajectory. For established more mature Fintech businesses, perhaps profitability will become more of a focus, but as one of Europe’s leading Fintech investors, we are always looking for businesses that have strong underlying unit economics.
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To have any chance of birthing UK tech-giants we need frictionless access to a large single market; the divergence of wealth and power is making this more unlikely. The US and China have a significant advantage over UK companies who have a plethora of barriers blocking access to talent, materials and customers.
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