Freetrade’s CrowdCube Fundraise

4.5x in a year… :open_mouth: prior CC investors will be chuffed no doubt

Keen to know how this valuation is justified when the investor deck goes live.

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There is a slide for you in the pitch deck. :wink:

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Will you be allowing overfunding this time as well?

Yes, we will! :fire:

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Is there an investment cap? E.g. Monzo capped at £1000 per investor

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That would not look right to expect a cap from a licensed Stockbroker (which Monzo is not)

I was thinking more along the lines of staying in control of their own ship, what if someone pops up with a £20,000,000 pledge and walks out with 50% of the company (or whatever)

Oh sorry, I though you mean investment in the UK and US securities, not as part of the fundraising. Then it is a valid point.

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haha, i see what you mean.

“Hey guys sorry but you can only invest £1,000 in that ETF” …

:grinning:

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We’ll only be offering a certain amount of equity. We will allow overfunding in the case that there’s demand (let’s be honest, there’s going to be demand) - but nowhere near enough to acquire the company!

Oh no this is not good. You mean i have to exercise restraint? Can’t you just tell me how much i can invest so i don’t get carried away? :wink:

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We’ll be structuring similar to previous rounds where the amount you invest will determine what rewards you get (free Alpha for life, anyone?). The best reward being A shares if you invest over £20k.

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Hey @adam, in your upcoming Crowdcube pitch deck, can you give more details about your proprietary technology stack? Obviously without giving too much away to the competition :wink:

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Blog posts coming, for now: https://stackshare.io/freetrade/development (needs an update)

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Just in from Adam:

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image

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I’m on the waitlist with a different email address to the one I use with Crowdcube. Is this going to cause an issue with that? If so, is it possible to change the email I am using on the waitlist?

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No issues! We’ll email you a private link to your waitlist address, and tapping the link, you’ll get to the live pitch page, which won’t be listed on Crowdcube - so the only way “in” will be this link.

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Is it possible for me to invest for my son also? He is 5 so i think this would be an excellent long term investment for him.

Hi Stephen, Hannah at Crowdcube here :wave:

While this is a lovely idea, unfortunately, we can only accept investment from people aged 18 and over.

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