Anyone else had to tick this box when they log into crowdcube?
I’m not really sure why they’re asking me to agree that I will not invest more than 10% of my worth in specific assets. What are the implications if I do, do i lose some sort of rights for breaching this?
The irony is i actually probably qualify for the “Self-Certified Sophisticated Investor”, which is one of the other options. I only have two crowdcube investments and the second one probably took me over my 10% limit
Makes you stop and think for a second… Plus if you put in much more than 10% and get into difficulty because your investments do poorly, that’s your problem and you can’t really lay blame on crowdcube because you’ve ticked a box
I wouldn’t expect crowdcube to take the blame if i didn’t tick the box though. Seems like a silly exercise in bureaucracy just so companies can cover for themselves, where I’m sure the original intention was to make investors take more care.