Agree all round; it will be great once his fund is up and running. The key thing about it is that they will be doing seed investing, and that's where the greatest need is (and he would argue, the greatest returns). It sounds like they intend to be quite innovative in terms of how they assess deals as well, presumably the intention is to comb the whole of Europe for the best unfunded startups.
Fantastic news. There is a huge funding gap in the UK that people bridge with grants, government money, and even loans. Early stage investment from someone like Anil will really help.
