Unicorn - Blair & Blair smoothy does it
Discussion
I'm sure Blair Jnr is a smart cookie and his start-up has covered some serious ground getting to Unicorn status.
Blair Snr opening doors and connecting dots in the background perhaps ?
The establishment wins again
< Euan Blair, the son of former prime minister Sir Tony Blair, is now the owner of a tech unicorn after his firm was valued at $1.7bn (£1.4bn) in its latest funding round.
Multiverse, a business which matches young adults and those looking to re-skill with apprenticeships, is the UK’s first EdTech firm to achieve unicorn status — a startup that is privately owned with a valuation that exceeds $1bn.
The Google-backed (GOOG) firm secured $220m in funding from US investment firm StepStone Group, and previous investors Lightspeed Venture Partners and General Catalyst.
This doubled its valuation in just eight months, from $875m in September, and earned it a place among Britain’s unicorns. The money is set to be used to expand the firm further across the US, where it launched in January last year.
Blair, who was recently made a Member of the Order of the British Empire (MBE) for services to education, has a stake of between 25% and 50% in the business.
This means he is worth as much as £677m ($850m) >
Blair Snr opening doors and connecting dots in the background perhaps ?
The establishment wins again
< Euan Blair, the son of former prime minister Sir Tony Blair, is now the owner of a tech unicorn after his firm was valued at $1.7bn (£1.4bn) in its latest funding round.
Multiverse, a business which matches young adults and those looking to re-skill with apprenticeships, is the UK’s first EdTech firm to achieve unicorn status — a startup that is privately owned with a valuation that exceeds $1bn.
The Google-backed (GOOG) firm secured $220m in funding from US investment firm StepStone Group, and previous investors Lightspeed Venture Partners and General Catalyst.
This doubled its valuation in just eight months, from $875m in September, and earned it a place among Britain’s unicorns. The money is set to be used to expand the firm further across the US, where it launched in January last year.
Blair, who was recently made a Member of the Order of the British Empire (MBE) for services to education, has a stake of between 25% and 50% in the business.
This means he is worth as much as £677m ($850m) >
king monster though. How can such a concept be worth a billion?
It sounds like a jobseekers site with a twist
What does it have thats worth a billion?
Huge property portfolio?
Big factory?
A patent on a disease beating drug?
Nope its a job matching site
Whoop de do, must be worth a billions,here take my bit coin
It sounds like a jobseekers site with a twist
What does it have thats worth a billion?
Huge property portfolio?
Big factory?
A patent on a disease beating drug?
Nope its a job matching site
Whoop de do, must be worth a billions,here take my bit coin
bristolracer said:
How can such a concept be worth a billion?
It sounds like a jobseekers site with a twist
What does it have thats worth a billion?
Huge property portfolio?
Big factory?
A patent on a disease beating drug?
Nope its a job matching site
Whoop de do, must be worth a billions,here take my bit coin
Apart from a couple of free courses I can't figure out what someone gets for paying for their services. Sounds like a charity?It sounds like a jobseekers site with a twist
What does it have thats worth a billion?
Huge property portfolio?
Big factory?
A patent on a disease beating drug?
Nope its a job matching site
Whoop de do, must be worth a billions,here take my bit coin
It appears to mate big companies who need to be seen as dishing out apprenticeships with unemployed sorts.
Obvs all the big companies engage because they are altruistic and not because they need to stay in with the bigwigs.
He sits in the middle and like all the big money makers just provides ‘access’. Without his firm you’re stuck.
Look at this generosity - 1 whole hour!
Obvs all the big companies engage because they are altruistic and not because they need to stay in with the bigwigs.
He sits in the middle and like all the big money makers just provides ‘access’. Without his firm you’re stuck.
Look at this generosity - 1 whole hour!
blairs said:
Get world-class coaching
With an hour devoted to you every month, you get the time and attention you need to embed your new skills in your role.
With an hour devoted to you every month, you get the time and attention you need to embed your new skills in your role.
Edited by CoolHands on Wednesday 8th June 21:20
Gargamel said:
Mr Whippy said:
‘Something-verse’
That makes it worth billions.
Like the Whippyverse. There I said it. I’m now at least a millionaire
Whippyverse, is that a matching site for subs and doms ? That makes it worth billions.
Like the Whippyverse. There I said it. I’m now at least a millionaire
Anyway, what several people have pointed out of course, is that it was BLiar senior who started the toxic "everyone must go to university even if you get a worthless degree, so you can look down on skilled tradespeople whilst serving them their coffee" drive in the first place..... so its very highly ironic that his son has had such "success" (of course all of his own making and nothing to do with nepotism) in making a company tailored to the apprenticeships that never should have been abandoned in the first place......
CoolHands said:
It appears to mate big companies who need to be seen as dishing out apprenticeships with unemployed sorts.
Obvs all the big companies engage because they are altruistic and not because they need to stay in with the bigwigs.
He sits in the middle and like all the big money makers just provides ‘access’. Without his firm you’re stuck.
Look at this generosity - 1 whole hour!
I work for a big company, we have loads of apprentices. If you want to be an apprentice, you can fill in a form and apply. In the US alone, we have >1000 who have passed through our programme and hundreds in the UK. We must have close to a billion dollars in valuation from our apprenticeship programmes alone given this valuation.Obvs all the big companies engage because they are altruistic and not because they need to stay in with the bigwigs.
He sits in the middle and like all the big money makers just provides ‘access’. Without his firm you’re stuck.
Look at this generosity - 1 whole hour!
blairs said:
Get world-class coaching
With an hour devoted to you every month, you get the time and attention you need to embed your new skills in your role.
With an hour devoted to you every month, you get the time and attention you need to embed your new skills in your role.
Edited by CoolHands on Wednesday 8th June 21:20
I don't see why access is "valuable" to either the company or the applicant in this case.
It’s not that valuable.
But you know. IF they get every apprenticeship in the entire world flowing through their doors, and then corner the market, and then crank up the price a bit, THEN it might be worth today’s valuation.
Just like Tesla, who are worth pretty much the same as all other major established car makers… but people expect them to become worth more.
BTW, whippyverse is simply a way to bring together purchasers of Whippy, and sellers of Whippy products.
We then take a small fee for bringing these people together in a digital ‘versey’ way, vs the old paradigm of picking it off the shelf at the shops.
But you know. IF they get every apprenticeship in the entire world flowing through their doors, and then corner the market, and then crank up the price a bit, THEN it might be worth today’s valuation.
Just like Tesla, who are worth pretty much the same as all other major established car makers… but people expect them to become worth more.
BTW, whippyverse is simply a way to bring together purchasers of Whippy, and sellers of Whippy products.
We then take a small fee for bringing these people together in a digital ‘versey’ way, vs the old paradigm of picking it off the shelf at the shops.
ChemicalChaos said:
Or ice-cream fans and soft-serve vendors?
Anyway, what several people have pointed out of course, is that it was BLiar senior who started the toxic "everyone must go to university even if you get a worthless degree, so you can look down on skilled tradespeople whilst serving them their coffee" drive in the first place..... so its very highly ironic that his son has had such "success" (of course all of his own making and nothing to do with nepotism) in making a company tailored to the apprenticeships that never should have been abandoned in the first place......
I wasn't aware Labour were in power pre-1997.Anyway, what several people have pointed out of course, is that it was BLiar senior who started the toxic "everyone must go to university even if you get a worthless degree, so you can look down on skilled tradespeople whilst serving them their coffee" drive in the first place..... so its very highly ironic that his son has had such "success" (of course all of his own making and nothing to do with nepotism) in making a company tailored to the apprenticeships that never should have been abandoned in the first place......
1990 – Maintenance grants were capped and the Student Loans Company was created to make possible a transfer of liability for the costs of higher education from the state to the individual.
1992 – The Conservative government’s Education Act paved the way for polytechnics and colleges of higher education to become universities.
Whilst undoubtedly numbers were rising during the New Labour era, it was due to the changes made before 1997. Labour actually tried to scale back the cost to the taxpayer.
1998 – The Labour government introduced tuition fees of £1,000 (US$1,600) a year and abolished the remaining student grant.
2000 – Undergraduate student numbers reached 1.15 million.
2006 – The Labour government raises fees to up to £3,000 a year, supported by a tuition fee loan.
If it's anything like before then it's a company thats positioned to take govt money for projects, money that the Govt throws at schemes like these so itcan say "Look how much we are spending on..."
Under Blair it was early years provisioning, that switched to further education and apprenticeships under Cameron...
Under Blair it was early years provisioning, that switched to further education and apprenticeships under Cameron...
The money and the gongs. Rewards for favours past and future.Mr Whippy said:
It’s not that valuable.
But you know. IF they get every apprenticeship in the entire world flowing through their doors, and then corner the market, and then crank up the price a bit, THEN it might be worth today’s valuation.
So are they just offering to manage apprenticeships and finding apprentices?But you know. IF they get every apprenticeship in the entire world flowing through their doors, and then corner the market, and then crank up the price a bit, THEN it might be worth today’s valuation.
Let me just get this straight. Euan Blair creates a hugely successful company, that appears to help others, gets an MBE, but is panned because it was achieved off the back of rich and powerful family connections.
Yet Boris Johnson & Jacob Rees-Mogg also benefitted hugely from rich and powerful family connections, have made a complete balls up of everything, and have done nothing other than to make them and their friends richer, but .....Blair, Blair, Blair.
I suppose to the PM's credit, having had 8 kids by 4 women, he no doubt would have achieved that had he lived on a council estate, probably in a shorter space of time.
Yet Boris Johnson & Jacob Rees-Mogg also benefitted hugely from rich and powerful family connections, have made a complete balls up of everything, and have done nothing other than to make them and their friends richer, but .....Blair, Blair, Blair.
I suppose to the PM's credit, having had 8 kids by 4 women, he no doubt would have achieved that had he lived on a council estate, probably in a shorter space of time.
TwigtheWonderkid said:
Let me just get this straight. Euan Blair creates a hugely successful company, that appears to help others, gets an MBE, but is panned because it was achieved off the back of rich and powerful family connections.
Yet Boris Johnson & Jacob Rees-Mogg also benefitted hugely from rich and powerful family connections, have made a complete balls up of everything, and have done nothing other than to make them and their friends richer, but .....Blair, Blair, Blair.
I suppose to the PM's credit, having had 8 kids by 4 women, he no doubt would have achieved that had he lived on a council estate, probably in a shorter space of time.
Not at all, I would feel exactly the same if it was one of Cameron's kids! Yet Boris Johnson & Jacob Rees-Mogg also benefitted hugely from rich and powerful family connections, have made a complete balls up of everything, and have done nothing other than to make them and their friends richer, but .....Blair, Blair, Blair.
I suppose to the PM's credit, having had 8 kids by 4 women, he no doubt would have achieved that had he lived on a council estate, probably in a shorter space of time.
Type R Tom said:
TwigtheWonderkid said:
Let me just get this straight. Euan Blair creates a hugely successful company, that appears to help others, gets an MBE, but is panned because it was achieved off the back of rich and powerful family connections.
Yet Boris Johnson & Jacob Rees-Mogg also benefitted hugely from rich and powerful family connections, have made a complete balls up of everything, and have done nothing other than to make them and their friends richer, but .....Blair, Blair, Blair.
I suppose to the PM's credit, having had 8 kids by 4 women, he no doubt would have achieved that had he lived on a council estate, probably in a shorter space of time.
Not at all, I would feel exactly the same if it was one of Cameron's kids! Yet Boris Johnson & Jacob Rees-Mogg also benefitted hugely from rich and powerful family connections, have made a complete balls up of everything, and have done nothing other than to make them and their friends richer, but .....Blair, Blair, Blair.
I suppose to the PM's credit, having had 8 kids by 4 women, he no doubt would have achieved that had he lived on a council estate, probably in a shorter space of time.
TwigtheWonderkid said:
Type R Tom said:
TwigtheWonderkid said:
Let me just get this straight. Euan Blair creates a hugely successful company, that appears to help others, gets an MBE, but is panned because it was achieved off the back of rich and powerful family connections.
Yet Boris Johnson & Jacob Rees-Mogg also benefitted hugely from rich and powerful family connections, have made a complete balls up of everything, and have done nothing other than to make them and their friends richer, but .....Blair, Blair, Blair.
I suppose to the PM's credit, having had 8 kids by 4 women, he no doubt would have achieved that had he lived on a council estate, probably in a shorter space of time.
Not at all, I would feel exactly the same if it was one of Cameron's kids! Yet Boris Johnson & Jacob Rees-Mogg also benefitted hugely from rich and powerful family connections, have made a complete balls up of everything, and have done nothing other than to make them and their friends richer, but .....Blair, Blair, Blair.
I suppose to the PM's credit, having had 8 kids by 4 women, he no doubt would have achieved that had he lived on a council estate, probably in a shorter space of time.
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