Name: David Fassbender
Who is he? Managing director of ICC Venture Capital
Why is he in the news? ICC Venture Capital plans to raise £100 million from institutional investors to invest in software companies
What is so attractive about software companies? The evidence is that if you can make the right investments in the new economy the return will be more substantial
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What is his strategy? Avoid the dot.coms and invest in companies actually developing new technologies.