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'Brexit' nerves already cost this London tech startup £100,000
Tech startups are likely to lose advantages such as unencumbered movement of money, workers, goods and services
Published Thu, Mar 10, 2016 · 09:50 PM
London
"BREXIT" is already happening for Rich Pleeth.
The co-founder of friend-finding app Sup was trying to secure funding to grow his London-based startup and thought he had good news when an offer came from a German firm to kick in £100,000 (S$196,322). Then British Prime Minister David Cameron called a referendum on membership in the European Union for June 23. With polls showing the result could be close, the investor backed out.
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