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On 14/12/06, Henry Bremridge <henry.bremridge@xxxxxxxxx> wrote: > Sorry for the long post but I see so much nonsense in the newspapers > that I feel that I ought to put the other side. I also hope that the > information is relevant to someone on the list. (I have not been in the > Venture Cap business but I have friends who are / have been) > > Some of the boys with money do understand technology, and increasingly > even understand opensource That's still very few and far between. I don't think there is a single UK open source company with VC Backing. I've worked for a few of VC Backed companies (before, during and after the dot.com bubble), not one of them seemed to have backers who understood what they had invested in, and at least one managed to do more harm than good by interfering in how the business was run. I also worked with some friends on a business plan, seeking VC backing, dealing with the networking companies that 'connect you' with backers was a joke, the agent was more interested in investing than the VC he was showcasing the project to. Sorry, but UK VC lacks the vitality, quality and availability of what is available in the US - I don't think we have a single UK based VC that you could compare to those in the US like Guy Kawasaki, and the ex-microsoft/hp/etc business angels. A. -- http://www.aarontrevena.co.uk LAMP System Integration, Development and Hosting -- The Mailing List for the Devon & Cornwall LUG http://mailman.dclug.org.uk/listinfo/list FAQ: http://www.dcglug.org.uk/linux_adm/list-faq.html