'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
Fri, Mar 11, 2016 - 5:50 AM
Rich Pleeth, the co-founder of friend-finding app Sup has found that a German firm that was interested in investing in his company, became nervous and backed out when polls showed the result could be close when Britain calls a referendum on membership in the European Union in June.
"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...