If things look tough in the Valley, spare a thought for companies trying to raise funding in the far flung reaches of the galaxy.
The UK Government is apparently taking this seriously and is going to launch an emergency venture capital fund to help startups through the funding gap that has grown yawingly big in recent weeks.
Do it. Fast. Don’t get caught up in bureaucracy. And whatever you do, don’t give the usual suspects the purse strings. Get innovative, get entrepreneurial and make speed your friend. Startups will love ya for it!
Other thoughts: broadstuff .
Will other countries follow their lead?
[Pic courtesy of HDR London]