Crowdfunding 2023 - 🎈

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.

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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.

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With the benefit of hindsight you are correct, truth is the financial world of 925 raise is a vastly different place to where we are today.

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Hello there
Can I get Freetrade plus free for life by investing via Crowdfund? How much investment is required?
Still waiting for JPLG before I upgrade from Basic to Plus.

Thanks

I don’t think this offer is available, it was from one of the really early crowdfunding rounds.

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.

If you have more than £25K to invest, I’m sure you could ask Adam for the Plus for Life perk :thinking:

(Even back in R1/R2 it was significant sums)

Just because people are willing to pay it DOES NOT MEAN THE VALUATION IS CORRECT!!

Most people had/have no clue as to how valuations work!! That round was based on hype!

Good luck with the transparency with the questions :rofl::rofl::rofl:

Salary details of directors are freely and publicly available on Companies House?

They aren’t.

You can’t see what individuals are earning - only what the total amount paid to all directors is.

I believe their base case modelling assumes £2-3m so £7m would be fantastic

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They got £2m on a CLN and during a tougher time in terms of company performance. They’ll get more this time round with a clear valuation and whilst things are improving.

Hi there :wave:

It’s nearly time for our 2023 Crowdfunding to go live!

We announced last week that we will be raising an equity round at a pre-money valuation of £225m which means shares will be £2.60.

We’re going to be launching on Thursday (22 June 2023) at 11am on Crowdcube.

If you’ve pre-registered, you can get early access to our pitch at 9am, before the public gets their chance to own a piece of Freetrade.

If you haven’t already, sign up to get early access for our 2023 crowdfund.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Once the round is live we’ll be providing regular updates.

We’ve also got a few new things this year, like some videos taking a deeper dive into different parts of Freetrade. Watch out for more information on these.

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So I got the email with exclusive access to company information very early this morning, clicked on the link and it asks me for my email address to ‘share this space with Chris’. Type in my email address as asked, and it tells me I ‘don’t have permission to view this space’.

Hopefully just a glitch??

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Hi - it’s Chris :wave:

We ran into a technical limitation, which resulted in some shareholders receiving links that didn’t work.

Everyone that is impacted should be receiving a new (working!) link very shortly.

Apologies for the mix up and the delay!

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So they’ve reached £500k so far after an hour of pre-launch.

The days of breaking Crowdcube seem a long time ago.

Was also interested to read :

‘If the sale proceeds are £87m or less, A Ordinary and B Investment share holders will not receive any return.’

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What does this mean?