This summer has seen some interesting blog posts from the venture capital community on the “rise of the super angels” – seasoned entrepreneurs who’ve cashed out and are reinvesting in the next generation.
Seedcamp, the European investor and events programme, is a big part of that story. Next week will see the fourth Seedcamp week in London, with 23 young companies jostling for up to €50,000 in investment and expert mentoring in what’s been dubbed the “X Factor for startups”.
But the increasingly active angel community means that Seedcamp has found itself facing competition too. Read more
Who needs another shiny rectangle in their lives?
Plenty of people, if the queues outside Apple stores worldwide was anything to go by.
I was at Apple‘s London flagship shop on Regent Street this morning to ask people why they’d waited for hours to splash upwards of £429 on an iPad: Read more
The London technology community was dealt a blow on Tuesday when it emerged that Atlas Venture was planning to move its European operations to Boston. All new European investments will be co-ordinated from there, and Fred Destin, the London-based partner who has backed companies like Seatwave and Dailymotion, will be moving across the Atlantic this summer.
Other London-based partners, Christopher Spray, Graham O’Keefe and Regina Hodits will remain in London but only to service existing investments. They will not be involved in bringing new companies in to the portfolio. Which means that, as exits eventually arrive for the likes of Seatwave, these portfolio managers will have less of a role, and Atlas is likely to be slimming down further. Read more
Move over Silicon Valley. New York’s Silicon Alley is a Web 1.0 relic. And Cambridge’s Silicon Fen is just SO pre-crunch. Now Silicon Roundabout is staking its claim as the new tech start-up hub of the moment. Read more