Shame on Thames Water

When regulators Ofwat released its report last week, I had great expectations that prices may finally be slashed for hard-done-by homeowners. Thames Water, which operates in my patch, has had Londoners paying millions each year for what many consider an extremely shoddy service.

Is venture capital broken?

Venture capital is frequently portrayed as the “superhero” behind the success stories of Google, Yahoo, eBay, Facebook and other internet companies that today are now worth billions. But what about all of the other failures? What about all of the companies that never went anywhere, had crazy valuations, and were nothing but giant flops?