Mittelstands are the “middle-class” of startups; they would sit between the extremes of bootstrapped from zero and venture capitalist-backed behomoths that have raised millions of USD. Many startups find themselves stuck in the financing stage and end up failing because they’ve staked their survival on funding from VCs. Becoming a Mittelstand means restructuring your funding structure so that investor funding only keeps specific operations running instead of your company’s general operations. Read full article here
Research
Improving media literacy could boost trust towards the news, IMPRESS report suggests
The UK media is regulated by the likes of IPSO and Ofcom. The report by press regulator IMPRESS highlights the link between low levels of media literacy and trust in the news. The study found that three quarters of those who did not know if journalists were regulated did not trust the news. It suggests that improving media literacy is one way to stem the erosion of trust, and shows that audiences have an appetite for information on news processes. Stakeholders need to collaborate in order to rebuild trust in the news, and independent media is well placed to do this. Read full article here