Earlier quoted context omitted.
They "won" EUR50,000 investment for an 8-10% steak in their company, and will participate in the Seedcamp US trip, and Seedcamp week. Those that "lost" are the 17 other startups that participated in the Seedcamp event, but didn't get investment.
they won a chance to take part in SC week, the winners of which will win 50k, afaik
Seedcamp London 2011 Winners announced
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Re: Seedcamp London 2011 Winners announced
#12Maybe it is just me, but I am really uncomfortable with the term "winners"? What did they win? Who "lost"?
What do others got? For example: http://bit.ly/g7qKKv
In the end - nobody lost ;)
Re: Seedcamp London 2011 Winners announced
#13First off congratulations to the winners. I have a question about SeedCamp around the signalling effect by participating. So with SeedCamp's model that a round of startup get to go through their program but only a few get funded. What happens to the startups that don't get funded, are they negatively signaled? Almost like how if your current investors don't follow on the next round and they have the money, then it si…
There are some amazing talent amongst the other start-ups, there is no losers in this kind of event.
Everybody learnt (including myself) so much during the mentoring sessions that it is already what i would consider winning.
I am sure some guys there (i am thinking of Bipsly for instance) have a huge potential and will do great but eventually don't have a very mature product yet.
The constant i see in the 'winning' (i should say 'selected') start-ups is that they have a finished product and already quite a bit of traction, therefore qualify more in a logical investor mind to a 'funding'. So it would be fairer to say the ones that "didn't win" just "didn't get selected for a funding" which happen all the time ;-)
Re: Seedcamp London 2011 Winners announced
#14Wow, another winner for Slovenia. We're really killing it! Congratz to the vox.io guys and tomazstolfa, if you happen to be on HN, congratz to you too!
Re: Seedcamp London 2011 Winners announced
#15Congratulations to everybody who participated. A lot of courage is needed and you all deserve an applause. I'm especially thrilled for http://www.vox.io , which are turning out to be a serious contender in the online telephony business. Also http://www.psykopaint.com/ is just cool. Disclaimer: This is my first post. Provoked only by an awesome winning team being from Slovenia, which is my home too.