On a previous blog, DevonshireDozer asked for evidence for the "business axiom" often quoted by those promoting Business Angel activity. Namely that returns are 5:4:1 (5 companies fail, 4 repay the investment and 1 is a star returning ten times the investment). Here are the results from two recent reports on angel activity and the results from the UK & USA. Do they conclude with the same ratio? Answer: I don't think so – better or worse? Read on to find out more...
On Sunday the 23rd March 2014 I am going to attempt to ride the 57Km version of the Bobbin Head Classic in order to raise money for charity. The route starts at Karuah Oval in Turramurra and goes through Mt Colah and beautiful Bobbin Head, turning around at Terrey Hills. I’ve included a map of the area of North Sydney with the route so you can see where I am going if the training all works to plan. The more tricky bits are the two hills – one is 1Km long up Mt Colah and the big one is 4.2Km long from sea level up and out of Bobbin Head as you can see from the chart below.
And the charities? There are four. Half will be given to the principal charity LifeLine and the remainder to KIDS Youth Development Service (North Sydney), Bo Children’s Hospital (Sierra Leone) and Eagle Raps (Doonside).
Lifeline provides vital services in crisis mental health support and suicide prevention to people living on the north side of Sydney, who for a variety of reasons are struggling to survive. Lifeline helps people cope with many problems including: Suicide, grief & loss, relationship or family breakdown, depression, financial struggles, anger or violence, problem gambling, and loneliness. A very worthy service and one that I hope none of you have a need to use.