Same - investing in Freetrade is nothing like me investing in the stockmarket - there was hope but not expectation that I was going to make money from the investment. I believe in the business and want it to be successful.
However, I shan’t be investing this time round as I have invested in 3 previous rounds - good luck to all.
Don’t all companies lose money and issue shares for 10-20 years.
YouTube plug power and all these people saying they keep issuing more shares. But that’s what all companies do at beginning like it’s a bad thing. Just my opinions on it and obviously threy need to find a way to make more money and more clients.
I only invested in the worst round to do so and have mentally written off the money (luckily only a couple hundred quids worth) I also won’t be investing again this time the risk/reward and timescale to liquidity just don’t make it attractive to me, but good luck to all who do invest.
Can I asky why this is? Because I find myself in the opposite position.
The £9.25 round in my opinion carried more risk and substantially less reward - £2.60 is a much more attractive proposition. And the timescale to liquidity has only got shorter, as the business is a few years older.
With a massive reduction in share price, they may think about adding in Plus for life again as an incentive to get people to keep throwing money at them.What people are going to see is Freetrade using the money they gained last time through crowd investing at a very high valuation in such a way that their valuation has now plummeted.
I invested in some of the earlier rounds and thankfully never invested in the last rounds valuation as it was just too much of a jump in price due to conditions that were temporary.
Adding in perks like this though makes it feel like a brewdog situation so i have no idea how they plan on attracting more investor money.
I would be more inclined to invest in this round if I knew how much skin in the game the directors have.
What are their salaries and bonuses each year?
Are there any commitments that they will not privately sell their shares, until there is a liquidity event for all shareholders to partake in? (Is this even a thing?or common practice?I am a novice when it comes to investing)