Why do funders choose to invest in this way? Because they like the product or idea that is pitched to them and want to support a business they believe in? Perhaps too because they think money can be made out of it. But potential equity investors should remember that funding of this type is essentially a lottery.
Every great business normally comes from some divine moment of inspiration. Why? What if? And normally as a result of some form of experience that sparks intrigue and gets the brain to go into overdrive. You get excited.
The reality is that the footage we, war journalists, capture in the field isn't always 'striking' or insightful. In many cases we are forced to stand a good way from the frontline for our own safety, or if we are on the frontline, we can't stay there for long... unmanned remote control drones fitted with high definition gyroscopic cameras will change the role of the war reporter.
Google may have cornered the market with its Nest range of thermostats and smoke alarms, and Apple ignited the battle for the Internet of Things a few months ago with the announcement of its "Home" app... Here are some of the most exciting and accessible smart products that I've spotted recently.
The part-privatisation of the probation service of England and Wales represents one of the most radical policy reforms in crime and justice of the past 70 years. The changes are, not surprisingly, the cause of a great deal of upheaval, doubt and concern in the sector.
I'm actually not 100% sure that social media inherently is good. Yes, it's possible for people to post real-time news, yes it encourages every individual to voice their thoughts and be accessible but what happens when the social media news agenda gets hijacked?
For many the most stressful aspect of taking a proper vacation is the horror of returning to hundreds even thousands of unread emails... What are your options? ... declare email bankruptcy, delete the lot and wait for someone to re-contact you about anything either urgent or important.
This is a perfect storm scenario. Countries such as the UK, with a history of dominance and empire and educational excellence, need to look beyond the obvious. The world is going to be a very different place in just a couple of decades. Economic and cultural hegemony is not a birthright and can easily shift to the east throughout this century.
Arguably the fastest-growing technology the world has seen is mobile and it is also the biggest technological drive of social and economic change. The app economy has paved the way that enables for everything from games and entertainment, to education and healthcare, to retail and overall productivity; leaving an idelible mark on our daily lives.
Thousands of people are finding themselves locked into unsuitable contracts or hit by cancellation fees when they try to switch, mid-contract, in order to get a better service... Frankly, if you're not getting the service you signed up for, why on earth should you keep paying for it?
"Your entire life is online... and it might be used against you"... The UK has one of the worst records in Europe in terms of cases of identity fraud. In 2012, as many as 25 percent of British citizens claimed to have been a target of identity theft at least once in their lives.