"Seedcamp, which now has 14 start-ups in its program…"
Is that only the last batch, or is it a typo? Or have they really only invested €700000 since 2008? At 27 investors, that's €26000 per investor on average. That seems a bit low. Their expenses of putting on events all over the world must be a multiple of that.
So that's interesting. Who really goes to YC for money? People go to YC for awesome alumni network and awesome people like Paul Graham.
So she has not talked to pg in a while, but that's a negative thing in my book. If you can't talk to them ... what would you mentor your startups? IMO, How you treat your competitors is a nice way to know the real you.
There's also the potentially negative signal of the VCs not investing in a later round. They probably don't have first refusal rights (that would be a red flag) but if follow-up investments are the norm they probably may as well. That said, startups outside North America can't exactly be choosy with capital (I've seen founders chase 5-figure investments for months, at which stage you may as well fund yourself with consulting), and Seedcamp seems to be one of the best early-stage funds out there.
"While Seedcamp takes more equity in its startups than YC does, it also pays them more (YC firms with two founders get just $17,000), and its scope of applicants is far more international."
Dear author,
I think if you look a little bit lower in your own article, you will see how you mention Yuri Milner. FYI, Milner invested $150K in almost all Y-comb companies.
Now, go back to your statement above and realize that $72K is lower than Milner's $150K offer. Please do not say that Seedcamp offers more money, it doesn't.
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[ 2.9 ms ] story [ 48.2 ms ] threadIs that only the last batch, or is it a typo? Or have they really only invested €700000 since 2008? At 27 investors, that's €26000 per investor on average. That seems a bit low. Their expenses of putting on events all over the world must be a multiple of that.
Never mind then, carry on!
So she has not talked to pg in a while, but that's a negative thing in my book. If you can't talk to them ... what would you mentor your startups? IMO, How you treat your competitors is a nice way to know the real you.
I haven't been to a YC event, but I am assuming they get as many if not many more investors to come check out the companies.
Seems like some really weak differentiation.
Dear author, I think if you look a little bit lower in your own article, you will see how you mention Yuri Milner. FYI, Milner invested $150K in almost all Y-comb companies.
Now, go back to your statement above and realize that $72K is lower than Milner's $150K offer. Please do not say that Seedcamp offers more money, it doesn't.
Thank you dear forbes journalist.
Smirnoff