Arm Boss Says Lack of Risk Appetite 'Holding UK Back'

Arm CEO: UK's risk aversion is holding back tech startups

Rene Haas says 'less appetite for risk' is holding tech startups back from scaling and is calling for more venture capital investment

Arm boss says lack of risk appetite 'holding UK back'

The chief executive of British semiconductor company Arm has said the UK’s lack of risk appetite is holding businesses back. Speaking on the Master Investor Podcast with Wilfred Frost, Rene Hass, who leads the Nasdaq-listed firm Arm holdings, said startups in the UK struggled to grow because of scale opportunities in the UK arising from the dearth of investors willing to bet on entrepreneurs.  “Scale matters – unfortunately, in this world, the U…