Doug Scott, loud mouth Geordie entrepreneur living in the Midlands.

VE Interactive goes into Administration

VE Interactive goes into Administration

https://www.ft.com/content/9e153f8f-3be8-331a-89f1-675c4d113c57

The founders and some of their investors in their heads thought they were a Unicorn…… oops

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Dave Brown the founder of VE Interactive

Dave also founded ThinkersHQ

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Mark Pearson of Myvouchercodes and Fuel Ventures was an early investor and stepped into the company in March to help try and sort out issues. Think Fuel Ventures deck which they used for raising money on Seedrs may have to be changed.

Congrats to Kadhim at the FT, who has been digging through all the data about VE Interactive for ages.

My post from last year:

VE Interactive UK Unicorn Curious?

I am not one who ever wanted them to fail, but I always believed the stories they were telling the world were not good for the eco system. Fact and fiction seemed to be confused in the narrative coming from many people.

 

Doug

 

 

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