@madmotive: I’ve got a lot of respect for the main goal of Seedcamp, namely to inspire the next generation of Europe’s serial entrepreneurs. However, I think apexauk’s points above hit the nail on the head — more focus on openly, iteratively and rapidly building a product than worrying too much about perfecting the business model.

I too hope Seedcamp embraces these principles — and if they do, they’ve got a very good chance of achieving their goal.