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For those who are curious about the things happening around the world. Living at the Intersection of Politics, Business, Technology and Economics.
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Investing in the past
An investment of a couple of Million was made in a startup that plans to deliver fuel directly to the cars in London.
Zebra Fuel, a London-based startup that wants to eliminate the inner city gas station by delivering fuel directly to your vehicle, has raised $2.5 million in seed funding.
What do you suppose is the long term potential of this company?
Despite the familiar investor lineup, it’s actually the first investment made by Firstminute, the recently launched $85 million pan-European seed fund.
My guess, the guys who raised the $ 85 Million fund did not have a great deal flow pipeline, got panicky and just threw the money in.
Investors are fallible!