30:30 VISION: Young entrepreneurs are your worst nightmare. They are immersed in new media. They see recession as an opportunity. And they have their eyes on your industry.
What happens when your bank falls victim to the credit crunch? That’s exactly what happened to 38-year-old entrepreneur Gavin Millar last year, when Belgian behemoth Fortis became one of Europe’s largest casualties of the financial crisis.
Entrepreneurs based in Scotland are amongst the happiest in the UK, and wouldn’t want to move anywhere else, but they say more support is needed.
It isn’t good news – even though it doesn’t come as a surprise, liquidations are now at their highest level since 1992. Here’s a soundtrack to help explain why.
Bebo’s two-year spectacular fall from grace is leading AOL to shut the social network down. Is this a sign that entrepreneurs should no longer bother with social networks? Has Facebook become too powerful a force to reckon with?