London Stock Exchange's AIM is a 'joke', says Alfresco CTO

in TechWorld

The capital markets in the UK are not ready for growth in high-tech companies, according to John Newton, CTO and founder of open-source content management firm Alfresco.

In spite of efforts to introduce a new market segment for fast-growing companies in order to attract more technology IPOs, the London Stock Exchange (LSE) does not even come close to replicating the success of NASDAQ.

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