There exists a juvenile-growth hormone which prevents the ants from maturing past the drone stage.

ECONOMIST: Letters

According to Barry Maloney, founder of Balderton Capital, the fact that later-stage deals are taking a bigger slice may be a reflection of the maturing Europe startup ecosystem.

WSJ: Shining a Spotlight on Venture Capital

The difference is that Dessie was by that stage 11 years old - a man, if you like - while Kauto Star is a still maturing six.

BBC: KAUTO STAR - THE NEW DESERT ORCHID?