There are rumours of a new European seed fund being built out of London right now, billing itself as a sort of “500 Startups of Europe”. Admittedly Hipster Ventures is a Seppuku-inducing name, but stay with us…
The idea is to whisk the best of European consumer web and mobile companies off to San Francisco to launch them on the West coast. The guy behind it is high profile freelance journalist and Telegraph columnist Milo Yiannopoulos, who appears to be dialling down on the journalism and dialling up a desire to become a VC of sorts.