University corner
This one is for keeping,” is not a phrase often heard among heads of venture investment firms. But the remark by Russ Cummings, CEO of Imperial Innovations, a UK-listed university spinout investment company with a £549.5m ($678.2m) market capitalisation, indicates a sea-change in thinking by private capital market investors.
Cummings, who spoke on a panel at the 121 Tech Investment London conference last month, was talking about companies in his portfolio, such as Featurespace, a data and computer science spinout…
