Prolonged closure of the Strait of Hormuz will cause catastrophic damage to the global economy.

“The fact is that what is happening here is that the situation in the international economy is getting worse and worse by the day. And as almost everybody knows, if you project out two or three months where the straight remains closed, the damage to the world economy will be enormous.”

Britain should seek to decouple from US technological and economic dominance by reclaiming autonomy through targeted industrial and digital policies.

“The endgame has to be autonomy and defense, freedom and foreign policy, break with the American internet, innovate and diplomacy. Those are four things we should be doing as a country.”

Challenging markets with higher barriers to entry are superior for small startups because they face less competition than easier, more saturated markets.

“I look at Nigeria, DRC, Congo as well. That's first criteria. And then the second criteria which is pretty contrarian is choose difficult market. When I say difficult market, difficult to start, difficult to survive. Those are the good markets in my opinion.”