Crowdfunding round seven, Wed 24th Nov 2021 🎉

Computer share manages shareholders holdings and brewdog pays them for this service.
I do think it’ll be better if CC just increase their fee for all investments as a percentage and they would instantly reap the benefits rather than in x years, but would be better if they can do more due diligence to justify for increase fees.

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Reading the email sent from Freetrade this morning and clicking the link in it there is a part that says

Exclusive new rewards

As part of the ongoing raise, we’re excited to announce some brand new rewards:

  • £1k: ​​Get access to our limited private beta launch in upcoming country launches. Available if you are resident there.
  • £5k: Get paid premium services, like tax-wrapped accounts, in upcoming country launches, for free, for a year. Available if you are resident there.
  • £10k: Our paid premium services, like tax-wrapped accounts, for free, forever. And everything from the previous tiers.

These rewards are in addition to the existing rewards on offer, which include exclusive access to Freetrade’s first NFT. Yes, we just went ‘ooh’ too.

Thanks to everyone for your ongoing support, and welcome all new investors to the Freetrade investor community.

I am guessing it isn’t but it is not clear if that includes UK. It starts with one heading about UK investing then a EU heading about the EU and then finally a 3rd heading titled “Exclusive new rewards” which to me means all but I am guessing just for EU. The link under this new reward is to the UK round as well just to confuse. :rofl:

Any ideas?

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I’d assumed it was just for the EU/RoW investors which is why it had been put up when the UK allocation was closed

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Yeah I guessed that much. Wish it applied to all now as the 10k offer is fantastic as basically a free investment if you are going to use the paid services long term.

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after RED Friday on the stock markets and Monday’s market futures looking red too, its possible the shakeout could effect peoples decision not to invest in FT in the UK and most certainly FT Europe because of losses incurred ?

If people decide to cancel their already agreed commitment to buying FT shares, as the round is now closed, then maybe investing is the wrong game for them after a minor dip in the overall market. A lot happened on the tail end of the week from protests to Black Friday and Covid panic that will reduce shortly for a start.

Some people are FAR too short sighted when buying shares on the open market and panic needlessly. Everyone should 100% be thinking long term when buying for a company that has not IPOd yet but no doubt there will be a few who think it will be an instant lottery win but I’d like to think it would be an insignificant number to affect the FT raise. :+1:

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Any reason for such a strong statement?

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What makes you think this post would be removed? (Unless you’re Juno) I think its a fair question you raise. It would be interesting to know how well the fundraising is going in the EU.

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It’s a bit pointless to even compare them. In the UK they have a live product, six successful crowdfunds and a hell of a lot of word of mouth. In other countries they are battling weird rules, almost no name recognition and far less of an awareness of crowdfunding. A lot of the other crowdcube pitches would love 500k in 4 days.

Honestly round six was open for a few days and round five I had time to wait until payday😂. This round is something else for speed.

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He’s now getting censored on Crowdcube :rofl:

Discussions | Crowdcube

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Yep, seen that. His diversity comment caused a bit of storm.

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I reckon he is the boss of Robinhood trying to ruin all the good FT do :rofl:

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I think Adam has answered your question well from a common sense stand point. But as stated when the pitch closes in Europe in another 20+ days we will have visibility into how successful the raise has been overseas (It would be good to see a post on this for the community/investors).
In the meantime I’m sure FT will be monitoring the funding % and be adjusting marketing attention as appropriate.

For this to have run with the momentum of the UK raise would have been far-fetched. The UKs performance at Eurovision might be a giveaway for European enthusiasm for anything British over what’s produced in the bloc😅.

More than likely the strategic angle here was about raising brand awareness and customer acquisition, as there’s no shortage in VC interest if further funding is required. Hopefully we see this translate in the user numbers

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Is the raising running for 30 days in Europe as the Uk one was only 7 days

£8.5m raised so far, roughly €10.1m. So assuming the €8m UK all assigned looks approx €2.1m in the non-UK raise.

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First of all, that account definitely seems to be a juno and if someone flags the post, it’ll be because he continues to flout the rules rather than the question itself which in the round is a good one.

The statement though of utter disaster I would say is very wide off the mark myself.

The fact is, freetrade are using a platform which itself has only been marketeted as being Europe wide for less than a month. I wouldn’t have said freetrade have spent any specific marketing budget on the raise to a European audience. Doesn’t make sense to target 150 individuals in a couple of the territories so I wouldn’t be surprised if they’ve wanted to let the coverage get out there organically.

The fact is, freetrade raised a hell of a lot of money just from the UK so to say the whole raise is a disaster is just to provoke a response from the community.

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ZERO, Oh do grow up! FT is very diverse in it’s staff and is much more than a handful of people mentioned in a pitch. Compare a company by more than 5 people, sometimes a company may not have all in that group but the rest is very diverse.

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You literally said on Crowdcube the only diversity was 1 woman and have now moved the goal posts to not just 0 but capital ZERO! For someone who seems to have so many issues with FT it is very odd you don’t stop posting on it. :thinking:

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Please stop feeding the troll!

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I completely agree and we all know what is FT biggest regret regarding crowdfunding.
The diversity question is irrelevant unless there was a case of victimisation due to it.
But if FT does want to hire me to diversify am all for it my skill set is 0 for everything.

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