Congrats to Seedcamp, probably together with Y Combinator one of the few that makes real returns. Initial 2007 fund backed companies that have largely survived and thrived. Was also a nice vintage and a smaller fund, curious to see the economics of their next fund!
Seedcamp’s initial $3m fund, dating from 2007, backed 22 companies, of which eight have exited successfully, including the multimillion dollar sale of Stupeflix, the video editing software start-up, to action camera maker GoPro. Six have been shut down and eight are growing and profitable. “We expect there will be further solid returns from the eight remaining companies …[and] envision potentially reaching an eight times to 10 times return on money invested,” said Reshma Sohoni, Seedcamp co-founder and partner.