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Podcast: EUVC
Episode: E583 | EUVC Summit 2025 | Reece Chowdhry, Concept Ventures: The State of European Pre-Seed
Description: At EUVC Summit 2025, Reece Chowdhry from Concept Ventures made a bold claim:Pre-seed isnât just a quirky corner of venture. Itâs the layer that will define the future of European tech.âPre-everything. Backing crazy people. No product. No traction. Just vision.âAnd if that makes your IC uncomfortable? Good.Reece laid it out clearly:No productOften no teamUp to âŹ3M raisesEntry valuations where true upside is unlockedThis is not a place for 60-page memos. Itâs a place for convi...