Today Saul Klein, chairman and co-founder of Seedcamp, the pan-European programme for early stage startups, blogged a long post about Seedcamp’s structure and history. But over the last few weeks I’ve been meeting Saul to tease out, over long conversations, where Seedcamp is at and where it’s going.

The debate is an important one, in part because Seedcamp, as the only Pan-european YCombinator-style organisation, now has a position that is largely unmatched at this level. That is at once a great thing for Europe – afterall, there was nothing else like it before, and Europe really needed a pan-European Seed fund which could also educate young startups. It’s also a potential challenge both for Seedcamp to explain how it operates – after all, despite its laudable openness to date, let’s not forget it’s a business – and for those that want to sit outside the burgeoning Seedcamp ecosystem.