Freetradeā€™s CrowdCube Fundraise

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Ā£500 = jump the queue IMO, thatā€™s a pretty good amount to show commitment :sweat_smile:

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Iā€™ve created this Wiki to collect the answers to frequently asked questions about the next CrowdCube raise here :slight_smile:

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Glad to hear it! just to be clear Iā€™m really pleased with the existing investment that I made in the past and wish you all the best for this raise. Iā€™m now weighing up whether I should invest again in this round and not seeing any benefits that I havenā€™t already qualified for within budget. My suggestions would be:

  • Allow people to gift additional benefits gained to another person e.g. if I qualify for a second founder status on this raise then allow me to gift that to my wife
  • Do a special batch of rewards for repeat investors e.g. brew special IPA with local london brewer / special colour version of the hoodie for repeat investors / freetrade calculator / ā€¦
  • Brewdog do this very well as each round there are new and different rewards available to keep people coming back for more rather than investing once and leaving at that
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What will the share price be for the fund raise?

54p / share

Details are coming tomorrow. :fire:

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Are the details coming in writing only or with an ability to fund the third round straightaway?

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The details will come as a heads-up in writing. Weā€™ll share the plan (e.g. the date!), key details for the raise, etc.

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Thatā€™s great. I believe people here are setting their Apple Pay balances to pledge on Crowdcube as soon as it is open.

Monzo raised Ā£1m in 96 seconds once. Freetrade may well have a similar demand, so on that day I might need to take a day off to stare on my screen, making sure the opportunity is not missed!

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The round will start at exactly 1pm on that day, so you can just do it on your lunch break! :hamburger:

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That more than reassuring, thank you very much indeed!

Waiting for tomorrowā€™s details now.

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Is there a risk the round will close pretty quick? or will it be left open to rack up Ā£millions?

I.e. do I need to get my trigger finger ready.

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We will consider allowing overfunding, but the best way to make sure you get to invest is to pledge your investment during the initial 24-hour private phase.

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Exciting! :star_struck:

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Could you do me a huge favour, could you grow another 2000% again after I invest?

That would be awesome

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Take Robinhood as an example (they are quite similar in many respects, were even crowdfunded). They now have a circa $6bn valuation and they only operate in America and Australia.

Freetrade could potentially have the exposure to 500m population EU market.

The valuation is just Ā£18m now. Letā€™s take a conservative market value of Ā£2bn in 10-15 years. That would be 10000% growth potentially.

Not that I advocate for investing in Freetrade, but I personally have utter and ultimate trust in the team and the only two things I regret in my life is that I did not get to know Freetrade in rounds 1 and 2.

I will not miss round three for the world!

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Iā€™m the same, missed round 1 and 2. But Ā£18m is still getting in at the ground level in my opinion.

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On it

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Tbf the US market is generally seen as the Holy Grail, but I do agree Robinhood is the best proxy/comparable. :balance_scale:ļø

Took Revolut 3 years to become a Unicornā€¦ letā€™s hope Freetrade can become Crowdcubeā€™s 3rd $1bn+ company :money_with_wings:

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I bet that Viktor read and laughed about my underestimation (maybe even was insulted!), but by 10 years I mean a dead conservative projection.

Amazon has grown 10000% in 20 years and still seen as one of the most successful businesses in the history of the world.

See 0 reasons why Freetrade cannot beat Revolut and become a Unicorn in 3 years too.

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