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Government policy since 2004 has been that decisions on open source should be made on a case by case basis: the public sector should consider using the technology alongside proprietary systems and contracts will be awarded on a best value for money basis.
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The initiative had delivered a strong impact also on value-for-money basis.
This fundraising now values Seedrs at £30 million on a fully-diluted, post-money basis.
The Pack-in-MAP® software can be used to test several solutions on a value-for-money basis in order to achieve results while minimising costs and avoiding costly trial-and-error approaches.
While VC deals remain marketed on a pre-money basis, sophisticated investors know that what matters most is the post-money (how much of the company will I own after all of the new shares have been issued).
On one estimate they can raise money 15 basis points (hundredths of a percentage point) cheaper than can competitors.
In this example the swap spread is the difference between three-month and ten-year money — 30 basis points.
In addition, when users run out of UP dollars because of all those broken (or kept) promises, they can purchase more using real money — the basis of the Russian startup's business model.
The use of $50,000/QALY, although commonplace, is somewhat arbitrary 2 when used to assess "value for money"; no basis for its use in this regard was provided by the authors.
It will now invest in startups on a post-money safe basis rather than on a pre-money safe.
Money is no basis for common ground.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com