TechTarget

IT defies vintage idiocy to enter new champagne age

IT entrepreneurs could once again be sipping Cristal through glass slippers if reports stating that the UK IT industry is returning to boom times are to...

IT entrepreneurs could once again be sipping Cristal through glass slippers if reports stating that the UK IT industry is returning to boom times are to be believed.

According to industry figures, last year £1bn of venture capital money was invested in young IT firms in the UK - which could buy more than a few good times at your local Pizza Express.

However, not all IT start-ups are successful. This is mainly because some of the ideas are rubbish. In true Dragons' Den style, some IT ventures that failed to secure funding included a USB panic button, which office workers could press to hide their web surfing behind a work-related screen when a manager walks by.

Or how about the £50 cut-down PC for schools, which, following a product pitch demonstration, was revealed to be so cut-down that it could not run any applications. Eureka!

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