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WeSwap
WeSwap is a peer-to-peer currency exchange platform. WeSwap matches travellers heading in opposite directions and swaps their travel money directly. The London-based startup company was launched in 2013 by Jared Jesner and Simon Sacerdoti, and currently supports 18 different currencies around the world. History The WeSwap idea first stemmed from founder Jared Jesner's experiences as a city trader at JP Morgan: "I saw first hand the amazing rates that banks can change money at... but there was no way for consumers to access that same rate.". He went on to work for Royal Dutch Shell, where his exposure to the world of payments inspired the idea to partner with a prepaid card provider as the delivery mechanism for the service. At Shell, he was also introduced to corporate finance adviser Simon Sacerdoti, whose experience enabled them to start commercialising the idea and together they co-founded the service. At launch, the service supported 6 currencies. In 2014, WeSwap was serving ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ...
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England
England is a country that is part of the United Kingdom. It shares land borders with Wales to its west and Scotland to its north. The Irish Sea lies northwest and the Celtic Sea to the southwest. It is separated from continental Europe by the North Sea to the east and the English Channel to the south. The country covers five-eighths of the island of Great Britain, which lies in the North Atlantic, and includes over 100 smaller islands, such as the Isles of Scilly and the Isle of Wight. The area now called England was first inhabited by modern humans during the Upper Paleolithic period, but takes its name from the Angles, a Germanic tribe deriving its name from the Anglia peninsula, who settled during the 5th and 6th centuries. England became a unified state in the 10th century and has had a significant cultural and legal impact on the wider world since the Age of Discovery, which began during the 15th century. The English language, the Anglican Church, and Engli ...
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Peer-to-peer
Peer-to-peer (P2P) computing or networking is a distributed application architecture that partitions tasks or workloads between peers. Peers are equally privileged, equipotent participants in the network. They are said to form a peer-to-peer network of nodes. Peers make a portion of their resources, such as processing power, disk storage or network bandwidth, directly available to other network participants, without the need for central coordination by servers or stable hosts. Peers are both suppliers and consumers of resources, in contrast to the traditional client–server model in which the consumption and supply of resources are divided. While P2P systems had previously been used in many application domains, the architecture was popularized by the file sharing system Napster, originally released in 1999. The concept has inspired new structures and philosophies in many areas of human interaction. In such social contexts, peer-to-peer as a meme refers to the egalitarian so ...
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Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ...
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The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally. It was founded by Arthur B. Sleigh in 1855 as ''The Daily Telegraph & Courier''. Considered a newspaper of record over ''The Times'' in the UK in the years up to 1997, ''The Telegraph'' generally has a reputation for high-quality journalism, and has been described as being "one of the world's great titles". The paper's motto, "Was, is, and will be", appears in the editorial pages and has featured in every edition of the newspaper since 19 April 1858. The paper had a circulation of 363,183 in December 2018, descending further until it withdrew from newspaper circulation audits in 2019, having declined almost 80%, from 1.4 million in 1980.United Newspapers PLC and Fleet Holdings PLC', Monopolies and Mergers Commission (1985), pp. 5–16. Its si ...
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Royal Dutch Shell
Shell plc is a British multinational oil and gas company headquartered in London, England. Shell is a public limited company with a primary listing on the London Stock Exchange (LSE) and secondary listings on Euronext Amsterdam and the New York Stock Exchange. It is one of the oil and gas "supermajors" and by revenue and profits is consistently one of the largest companies in the world. Measured by both its own emissions, and the emissions of all the fossil fuels it sells, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. Shell was formed in 1907 through the merger of Royal Dutch Petroleum Company of the Netherlands and The "Shell" Transport and Trading Company of the United Kingdom. The combined company rapidly became the leading competitor of the American Standard Oil and by 1920 Shell was the largest producer of oil in the world. Shell first entered the chemicals industry in 1929. Shell was one of the " Seven Sisters" whi ...
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Angel Investor
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments (where risks of the start-ups failing are relatively high) and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital, as well as to provide advice to their portfolio companies. Over the last 50 years, the number of angel investors has greatly increased. Etymology and origin T ...
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Super Angel
Super angel (or "super-angel") was a term used in the early 2010s to describe venture capital investors who had once been angel investors and subsequently raised small venture capital funds. Super angels share some characteristics of both angel investors and venture capitalists. According to ''Fast Company,'' super angels "raise funds like venture capitalists but invest early like angels and in sums between the two, on average from $250,000 to $500,000." Unlike traditional angel investors, they are typically professionals for whom investing is their primary occupation. Features Some common features of super angels include: * Creating a professionally managed investment fund * Serial investing (investing in numerous startup companies) * Investing at a seed round in startup companies * Funding rounds in the (approximate) range of $50,000 to several million dollars, larger than typical "friends and family" rounds but smaller than most venture rounds * Taking an active role in portfoli ...
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LoveFilm
LoveFilm was a United Kingdom–based provider of DVD-by-mail and streaming video on demand in the United Kingdom, Sweden, Norway, Denmark and Germany. Acquired by Amazon.com in 2011, the service had reached 2 million subscribers. It claimed over 70,000 titles, and over 4 million DVD, Blu-ray or game rentals per month in five countries. Through a series of acquisitions, Lovefilm quickly became the leading online DVD rental and streaming outlet in the UK and Europe. The company offered a download service alongside postal delivery but this ceased on 23 February 2009. The company also started a "watch online" service which offered over 4,700 films available to watch as part of a subscription. This online viewing was available for free to subscribers who had opted for one of their unlimited monthly rental plans or the unlimited streaming-only account. On 26 February 2014, Amazon announced that Lovefilm's streaming service would be folded into its Instant Video service, and in A ...
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Zoopla
ZPG Ltd. is a British real estate company based in London, England, owned by Silver Lake Partners. Its brands include the property website Zoopla, price comparison service Uswitch, finance comparison website Money.co.uk, personal finance content site Bankrate UK, PrimeLocation and Hometrack. Alongside these sites, Zoopla also owns several industry brands providing services to estate agents. These include Jupix, Alto, Expert Agent and Ravensworth. ZPG PLC was listed on the London Stock Exchange until it was acquired by Silver Lake Partners in July 2018. History The company was originally founded as Zoopla in 2007 by Alex Chesterman and Simon Kain. Chesterman and Kain also founded ScreenSelect (later LoveFilm). The Zoopla website was launched in January 2008. Zoopla was backed by Accomplice, Octopus Ventures and other investors. In July 2009, Zoopla acquired property website Thinkproperty.com from the Guardian Media Group. In August 2009, Zoopla acquired the PropertyFinder Grou ...
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Andy Murray
Sir Andrew Barron Murray (born 15 May 1987) is a British professional tennis player from Scotland. He was ranked world No. 1 by the Association of Tennis Professionals (ATP) for 41 weeks, and finished as the year-end No. 1 in 2016. Murray has won three Grand Slam singles titles, two at Wimbledon (2013 and 2016) and one at the US Open (2012), and has reached eleven major finals. Murray was ranked in the top 10 for all but one month from July 2008 through October 2017, and was no lower than world No. 4 in eight of the nine year-end rankings during that span. Murray has won 46 ATP singles titles, including 14 Masters 1000 events. Originally coached by his mother Judy alongside his older brother Jamie, Murray moved to Barcelona at age 15 to train at the Sánchez-Casal Academy. He began his professional career around the time Roger Federer and Rafael Nadal established themselves as the two dominant players in men's tennis. Murray had immediate success on the ATP Tour, making hi ...
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