You're missing the point - my post states that it is confused about whether it is an early stage open ecosystem to benefit everyone or actually just a way to benefit a closed network of investors with their "seedcamp" fund.
As a small note, I'm a serial entrepreneur with successful exits and an avid advisor, mentor, and investor in a range of UK startups.
Reshma outright told me that I had to leave the judging session as I had not put money into seedcamp, as had all the others sitting in that room. She asked me to leave before the next pitch began too. Mentors were not allowed in full stop.
That's completely untrue. AS the pitch ended, I was asked to leave. Reshma asked me "are you an investor in seedcamp?" - I replied "no, do I have to be?". Reshma: "Yes, everybody else in this room has paid to be here"
I can tell you for a fact that mentors were not allowed in that final day of presentation - only vc's and angels who had paid a large amount (50k+) into the "seedcamp fund" - whatever that meant. What you have is a project that is pitching as being a transparent ecosystem to help startups - when in fact it's just an investment vehicle milking the goodwill of advisors and mentors to serve the aims of those funds.
As a small note, I'm a serial entrepreneur with successful exits and an avid advisor, mentor, and investor in a range of UK startups.