Like a Klingon starship de-cloaking in the middle of Europe, Lars Hinrichs the founder of LinkedIn competitor XING who exited for $58 million last year is putting his efforts onto a new startup investment vehicle dubbed HackFwd. But although the web site for the new venture is packed with advisors and mentors, HackFwd will take 27% of a company it invests in – that’s a sizeable chunk. In the US, Ycombinator takes around 6% but can do anywhere from 2%-10% while TechStars take around 6-10%, whereas the London-based Seedcamp takes 8-10%. However, those latter programmes only last months, while HackFwd’s backing will be designed to last a year, a model that is probably going to suit Europe’s slower-burn markets.