Comments on: There’s no need for VC in the UK. Apparently. http://cimota.com/blog/2009/09/22/theres-no-need-for-vc-in-the-uk-apparently/ Matt Johnston's Blog About Tech, Innovation, Startups, Opportunity ... and Sailing Thu, 09 Feb 2012 19:54:40 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: David Kirk http://cimota.com/blog/2009/09/22/theres-no-need-for-vc-in-the-uk-apparently/comment-page-1/#comment-41624 David Kirk Thu, 24 Sep 2009 02:35:09 +0000 http://cimota.com/blog/?p=2036#comment-41624 Matt, agree totally, but also want to add/emphasize one other point the report make - fund size. If I recall it correctly they recommend a minimum size of £50M. Now I don't understand why it needs research to show this one, but perhaps NI could pay some attention here. What's the biggest fund in NI? Crescent? £22M? And eSynergy is £5M? Small funds don't work!!! Unless your in the micro loan, micro returns business. Matt, agree totally, but also want to add/emphasize one other point the report make – fund size. If I recall it correctly they recommend a minimum size of £50M.

Now I don’t understand why it needs research to show this one, but perhaps NI could pay some attention here. What’s the biggest fund in NI? Crescent? £22M?

And eSynergy is £5M?

Small funds don’t work!!! Unless your in the micro loan, micro returns business.

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