Tom Hulme: Non-dom investments in GoCardless yielded massive UK tech spinout value
Tom Hulme · Tom Hulme & Stan Boland: Lessons from Jensen Huang & How to Fix the UK Tech Ecosystem · 20VC with Harry Stebbings · Apr 10, 2025 · at 53:28
Tom Hulme is Head of Europe at GV. He cites his early angel investment in GoCardless to demonstrate how foreign capital creates long-term domestic economic spinouts.
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“Like angel investing in GoCardless. If I look at some of the other angel investors in that business, they were non-doms. They were actually Europeans, some Americans. The founders of that business built an important company for London, employing hundreds of people. One of the founders left and built Monzo. Another founder has left and is a VC at another firm in London.”
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