Senior Lecturer in Accounting and Finance at the University of Dundee. Research interests include management accounting and venture capital. CIMA member.
What can a Victorian Glasgow piano maker tell us about entrepreneurship? Our new paper in Management & Organizational History uses a microhistorical lens to revisit the business of James S. Kerr. With Rosa Michaelson & David Power. https://t.co/WyqSQUTEUl
Grow your business. Build your leadership.
Join the Help to Grow: Management course at the University of Dundee – a 12-week, part-time programme designed to help SMEs boost productivity, resilience and innovation.
📅 Starts 15 December
👉 Find out more: https://t.co/829spRxpUX
The CIMA president explores the skills finance professionals need to move into a strategic advisory role, and how to balance courage and caution when assessing risks. https://t.co/ikmi5douvG
Small business owner? Ready to grow?
Join the 12-week Help to Grow: Management course at the School of Business — designed to boost growth, productivity & leadership.
💷 90% funded
📅 Starts 15 Dec
🔗 Find out more: https://t.co/k3gKrvMMj6
Private equity and the crushing cost of UK vets’ bills.
60% of local vets taken over by corporates.
Usual story - price hikes, debt, profiteering.
Drugs prices up to eight times the online prices. Profit margins of up to 43%.
How many pets will suffer?
https://t.co/nDiq5dBwqw
A lack of career progression within UK universities is “demoralising” staff and threatening to push people out of the sector, as institutions respond to the financial crisis by freezing promotions and concentrating hiring on lower-level positions
https://t.co/au4HhTiKWt
Only 17% of leaders are motivated to become one of the first to use AI-powered solutions, and even fewer (4%) aim to pioneer new uses for those tools. https://t.co/twLZTlysH4
Some more news from the National Student Survey 2025 🎉
Business Management at the School of Business has achieved a fantastic 93.2% satisfaction score, placing us 2nd in Scotland🌟
A huge thank you to our students for their feedback and to our dedicated staff.
🎓 From finance grad to Paralympian-in-training!
Adam Hall earned a 1st & the top finance prize—now he’s training with the GB Paralympic ski team 🇬🇧⛷️
He’s aiming for Milan 2026 & coaching a youth ski team on the side.
Read more 👉 https://t.co/8jtSiJ3ExQ
🎉 Outstanding results from the National Student Survey 2025!
Finance at the School of Business has achieved a 100% satisfaction score, making us 1st in Scotland
Accounting continues to perform strongly with a 92.9% satisfaction score, placing us 3rd in Scotland once again🎉
Crowds of Holiday-makers in Central Station at the beginning of the Glasgow Fair, 1925
To View More Great Old Photos Of Old Glasgow, Visit Our Website At https://t.co/YuYlRN0l9k
The Nethergate end of Park Place in 1962. The entrance to Queen's College, #Dundee (now @dundeeuni ) is on the left. The Georgian villa on the right & the old St John's School (built as Harris Academy) behind it are now the site of the Bonar Hall #Archives#DundeeUniCulture
💥 @IndexVentures just cemented its place as one of the all-time VC greats. Not just in EMEA, but globally. The $32B Wiz acquisition by Alphabet stands as the largest VC-backed exit via acquisition in history, per @dealroomco Data.
Index backed Wiz from Seed onwards, participated in every round, and emerged as its largest outside shareholder with a 13% stake (outpacing Sequoia's 10% and Insight's 8%, according to Bloomberg).
"Every investment in Wiz has been at a very high price," Index partner @shardul_shah told @HarryStebbings on @twentyminutevc, just six months ago. That interview offers masterclass-level insights on the Power Law—a concept many claim to understand but few implement in real life. Some standout quotes:
When questioned about historically high Series B multiples: "I don't know why we're talking about averages—none of us are in the business of mean reversion."
"I'm not seeking average returns. I'm not seeking good deals—I'm looking for outliers."
"I don't seek comfort. You have to be comfortable with being uncomfortable. We're in the business of taking risk. I'm not a value investor, right? I believe in the power law."
"The hardest thing is identifying if you're delusional or if you have conviction. Sometimes it can feel like a thin line."
Wiz's cloud security platform quickly became essential for enterprises, fueling unprecedented growth and this landmark acquisition. Founded by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak in Israel during 2020's pandemic, their forced distributed approach became a strategic advantage, driving global thinking from day one.
The founding team first met in Israel's elite intelligence units. Before Wiz, they created cybersecurity firm Adallom in 2012, which Microsoft acquired for $320 million in 2015. They subsequently led Microsoft's Azure Cloud Security Group before departing.
Shardul Shah had previously led Index's Series B investment in Adallom in 2014 and joined its board. The full-circle moment came when Assaf called Shardul on his birthday in winter 2020 with a simple message: "It's time to do it again."
More than 40% of LPs into venture funds under $100M are individual people, not institutions or family offices.
Major reason why the liquidity crunch in emerging venture is so tough - unlikely that many individuals can support new fund investments without recycled capital
NEW 🧵: Is human intelligence starting to decline?
Recent results from major international tests show that the average person’s capacity to process information, use reasoning and solve novel problems has been falling since around the mid 2010s.
What should we make of this?
Delighted to share our latest article: A Microhistory of Accounting at the University of Dundee 📖🔍
https://t.co/fKOLEJTx4H
We explore how accounting became a distinct academic discipline at Dundee using a microhistorical approach.
#microhistory@UoD_Archives_RM
🌍 UEFA's latest finance report is out 🚨
💰Celtic in Europe's top 10 for pre-tax profits
🎟️Rangers in top 20 for gate revenue
👕Celtic in top 20 for kit sales & merchandise
📺Scottish TV revenue saw a 20% increase
Universities should prioritize ensuring that assessments are “assessing what we mean to assess” rather than letting conversations be dominated by discussions around cheating.
Read the latest from @timeshighered ➡️ https://t.co/YoffR3Xcyy
If you think you have missed the sun here, spare a thought for those in Svalbard... ☁️
... The sun last set on the 27th October 2024 and only just made an appearance again today... 👀
How much do VC-backed founders ACTUALLY OWN of their companies over time?
Might be less than you expect.
The median ownership for the founding team after a Series A sits at 36.1%, according to our study of over 14,000 US startups.
The full report has much more data broken out by stage, industry, and incorporation year. Link in the following tweet.