Features
In the 2010 biographical drama, The Social Network, which portrays the founding of Facebook, the initial excitement and success of a startup turns sour and ends in legal battles and betrayal. While a very extreme case, the film highlights a common issue that startups run into, says Dan Adams, co-founder of legal advice for startup businesses specialist, Arbor Law.
The prevalence of smartphones among the majority of global Internet users today underscores a mobile-centric reality. Consumers now enjoy a plethora of devices and diverse interactive mobile communication platforms. The significance of contextual and timely customer connection has never been more pronounced. Hence, it’s unsurprising that the world of virtual reality (VR) is booming and set to impact every industry.
Economic uncertainty has become a household term over the past few years. The general public is suffering from a chronic case of whiplash, bouncing back and forth between conflicting opinions over the health of the economy and job market. Regardless of low unemployment rates or the increasing stock market index, over half of the US population still believes the country is in a recession.
Imagine the scene. It’s November 2023 and the UK government is hosting the inaugural AI Safety Summit at Bletchley Park. The broad consensus is that the UK is strongly positioned to stake a claim for global AI leadership. As recently as February, things seemed to be on the same trajectory with the government proclaiming a “pro-innovation” approach to regulating AI.
At some point in time, all startup founders consider monetisation of their business. Personally, I believe that if there’s an opportunity to monetise from day one, it should be pursued immediately. A startup that earns revenue from the start gains a significant advantage over competitors who are still striving for profitability.
Being able to access data and insights is a non-negotiable in today’s business world. Implementing an efficient, up-to-date IT system is no longer just a tactic to try and gain a competitive advantage; it’s now a hygiene factor when it comes to ensuring day-to-day operations continue to run smoothly.













