A Very British VC
from the lower-risk,-more-people dept
While the US venture capital industry has been discussed and dissected over and over again, here’s a good article that looks at the huge UK VC, 3i. They seem a bit more like a large financial institution, than a small group of chummy partners making deals on the fly. They have a large number of employees, invest in a lot of deals with a lower risk profile, and usually don’t take a board seat. Of course, there are some problems with how they do business, but it’s still an interesting contrast. Since a lot of people I know have recently been questioning the whole US VC model, I thought this might be a useful article in looking at how some others try to tackle the problem.