The new management team at Library House last night hosted a hip-hop themed* "Meet the CXOs" event in Cambridge. A few of us from Mills & Reeve went along. I had a few observations and learnt a few things:
- despite some pessimism at the back end of last year, investors are still looking for opportunities - even among the web businesses, a sector where there had been mutterings about bubbles in the wake of the Web 2.0 media storm;
- Cambridge has a great history of creating successful IT, software and electronics businesses - but the new web and mobile businesses have more of a focus on content/media, and a lot of the talent is in London; and
- Games Eden, founded last year to give computer games developers in the Eastern region a forum to network, is an exciting innovation - Cambridge in particular hosts a number of significant games development businesses (we're hoping to get involved).
I also chatted about some perennial lawyers' issues, such as copyright and brand infringement by linking to content on other websites, and getting the contract right. On the latter, I exchanged stories with some other guests about IT outsourcings that go wrong, and about the importance of investing in getting service level schedules and statements of work right at the outset.
* There wasn't actually a hip-hop theme - it was more wine and canapes, which was nonetheless very welcome. This was just an excuse for a bad post title.
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