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Investments

1

Portfolio Exits

1

About Alan Sugar

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Latest Alan Sugar News

This Business Tycoon Wants Work From Home Employees To Be Fired If They Won’t Return To Office!

Sep 7, 2022

Share Soon after Alan Sugar took to Twitter, his views on work from home, there has been outpour of views from people who are working from home. Recently, a journalist Andrew Pierce tweeted about the government selling off Whitehall offices for £1.5 billion. This decision was taken by the government in the light of the fact that people are not coming to work from offices. He said that “Why doesn’t the government order them back to their desks?” Calling People As “Lazy Gits” Not just that, he went a step ahead to call these people “lazy gits.” Addressing these people are “lazy gits”, he said that they rather than working these people watch golf and tennis at home. He said that “Lazy gits watching golf and tennis at home while they are supposed to be working. We, the taxpayers, are paying them. Get them back to the office or fire them.” Speaking about a Good Morning Britain report that talked about raises for people working from home, Sugar called the report “rubbish” and said “They have to pay rent, heating and rates with or without a full workplace. People should be paid less; they are saving travel costs.” Exchange of Words on Twitter Not just that, but Sugar actively participated and exchanged words with netizens registering their discontent with his opinion and indulged in the Twitter banter. One user said, “It is amazing how far behind you are with current times, considering you are a billionaire.” Instantly replying to the person, he said “Listen scumbag, most who work from home watch more TV than work. There are a few exceptions, but the majority are lazy gits.” There was a user who said that there is an opportunity for corporates to save money by not paying rent for expensive office spaces “and all the heating, air conditioning and electricity that goes with it.” He said that “What planet are you living on? Businesses are not saving any money they have to pay rent, heating, and rates for the building they occupy. Sorry, you are talking rubbish.” “Lord Sugar does not like people working from home while he works from home (wee, his yacht). On rule for the poor and different rules for the rich,” wrote one user. To which, Sugar replied, “You are an ignorant person.” The businessman are called an user “deluded” who claimed that “the majority of people who work from home are more likely to work longer and outside the normal office hours.”

Alan Sugar Investments

1 Investments

Alan Sugar has made 1 investments. Their latest investment was in Ridiculously Rich by Alana as part of their Angel on December 12, 2016.

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Alan Sugar Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/19/2016

Angel

Ridiculously Rich by Alana

$0.31M

Yes

1

Date

12/19/2016

Round

Angel

Company

Ridiculously Rich by Alana

Amount

$0.31M

New?

Yes

Co-Investors

Sources

1

Alan Sugar Portfolio Exits

1 Portfolio Exit

Alan Sugar has 1 portfolio exit. Their latest portfolio exit was Ridiculously Rich by Alana on September 18, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/18/2019

Acquired

$99M

1

Date

9/18/2019

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

1

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