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@toyeofzion
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http://mykolo.co.uk 11-01-2016 16:54:26
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Amanda_robs Pre-seed in the UK is no more than 250k generally against no more than a 2.5m valuation. Pre-seed VC won't touch anything with an MRR under 10k. Apples and oranges I know but so many startups here with early sales and MVP at 2.5m or less pre money.

Amanda_robs Kris Jones 💙 PitchBook Equidam I’d hazard a guess that the UK is probably five years behind the US, and the rest of Europe a couple of years further. Pre-seed isn’t as well developed over here yet, so there also hasn’t been the lift in Seed and Series A valuations to accommodate the larger, earlier rounds.

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