[m-i-l]

Seedcamp is "€25k for 5% w/ optional further €50k for no more than 2% (totalling €75k for 7%)" [0], which at current exchange rates is around £18K for 5%.

[0] http://seedcamp.com/our-deal-terms/

[bergmann]

I guess it makes sense that Entrepreneur First are offering less money for more equity as they're taking people with "no team" and "no idea".