Thank you for your comment. Good to hear other people share my view on the funding situation over here.
A couple of clarifications:
I'm not sure I'd say I'm someone who has been particularly close to Seedcamp. I've not personally taken part in any of their activities beyond networking events that happen around Seedcamp week. I am a keen observer though.
I don't see BootCycle, the 'vested interest' you mention, as being direct competition to Seedcamp. BootCycle is simply a peer support group for a small collection of pre-revenue and pre-investment startups that meets every week. BootCycle takes no equity in the startups and provides no funding. We do think some BootCycle participants are likely to go on to get funding from Seedcamp or Y Combinator. Y Combinator is more appealing for all participants except for the ones that have family commitments in the UK.
A couple of clarifications:
I'm not sure I'd say I'm someone who has been particularly close to Seedcamp. I've not personally taken part in any of their activities beyond networking events that happen around Seedcamp week. I am a keen observer though.
I don't see BootCycle, the 'vested interest' you mention, as being direct competition to Seedcamp. BootCycle is simply a peer support group for a small collection of pre-revenue and pre-investment startups that meets every week. BootCycle takes no equity in the startups and provides no funding. We do think some BootCycle participants are likely to go on to get funding from Seedcamp or Y Combinator. Y Combinator is more appealing for all participants except for the ones that have family commitments in the UK.