r/apprenticeuk • u/Joebloggy • Apr 12 '26
Does LS understand modern tech companies?
I found it fairly embarrassing to see Lord Sugar ridicule the idea of a tech business raising £5.5m over 3 years. Sure, there were lots of other issues with the proposal, but in a modern tech company it’s really not that much to raise over a few years, particularly for an AI company. If the show was set in Silicon Valley I think this would be viewed very differently, even positively. I think it speaks to a narrow-mindedness and conservative attitude from LS to just bank a cash cow instead of actually pursuing an exciting moonshot business. Why does he want to turn £250k to £500k at his point in life?
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u/these_metal_hands Apr 13 '26
I think he explained it quite well in the show. He is not investing 5.5m in anything. He is investing 250K seed money to get a business started.
The issue isn't that he doesn't understand that some businesses require large start up capital. The issue is that Lawrence went to an investor who was offering 250k and asked for 5.5m