A venture capital firm says it invests in people “pre-idea, pre-team”
1–10 of 52 posts
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#2This reeks of sad desperation, but represents a higher risk for risk junkies. Whatever next? Womb portfolios?!
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#3> 10% of applicants are accepted after multiple rounds of interviews and even a logics and computing test.
It's interesting to note that they are trying to hire entrepreneurs the same way Google was trying to hire programmers 10 years ago.
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#4This reads like an Onion headline.
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#5£10k for an 8% equity stake, how does this compare to other funding in London? The article mentions the "Founder Institute" provides £1k for 3.5%.
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#6£10k for an 8% equity stake, how does this compare to other funding in London? The article mentions the "Founder Institute" provides £1k for 3.5%.
Comparable. Techstars take slightly less for the same amount: http://www.techstars.com/funding/
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#7don't understand why they keep saying it's a VC in the article. It's a startup accelerator
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#8£10k for an 8% equity stake, how does this compare to other funding in London? The article mentions the "Founder Institute" provides £1k for 3.5%.
Seedcamp is "€25k for 5% w/ optional further €50k for no more than 2% (totalling €75k for 7%)" [0], which at current exchange rates is around £18K for 5%.
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#9also, "pre-birth" and "pre-kindergarten"
Re: A venture capital firm says it invests in people “pre-idea, pre-team”
#10I'm at month 3 of the EF process. Happy to answer any questions :-)