It is completely misleading. I am not sure if it is because of incompetence or a deliberate attempt to mislead. Nevertheless, poor show and thoroughly unacceptable.
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Why not? almost a third of itās gone, looks about right. it started off fully green. Itās showing how much is still available
Nobody ever runs a progress bar from right to left outside of maybe the Arabic world.
While using the soild colour to denote remaining and striped as sold is at best misleading.
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I thought it was obvious what it meant straight away, maybe Iām weird 
It does say on the bar itās showing how much is still available
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What catches the eye is what is written above. And @NeilB is completely correct. This is a fail.
The graphic is misleading.
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Play nice Brian.
Talked to Seedrs
They are saying to potential investors that they expect to have a Secondary Market for FT shares.
This will have a bad impact on the current FT investors as having a publicly visible share price on Seedrs may hurt future crowdfunding rounds.
Seedrs helping a fellow FT investor to find buyers for his shares is OK, however incentivising buyers with promises of secondary market is not.
I am speaking for a majority of active āfounding membersā of FT (crowd investors with relatively large stakes in FT)
@adam
If FT is aligned on this, would be great if you could ask Seedrs not to create expectations of a secondary market if it is not approved by FT
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Hey Sergey - as you know Iām very critical of the way Seedrs are going about things here, but would personally rather they do it that way (i.e. secondary market with clearly visible liquidity at various prices), than whatās currently going on where one large shareholder gets to create a āsell wallā at the last round price without anyone being able to do anything about it.
This approach has the benefit of giving every shareholder the same rights. Many startups do it (although Revolut have never opened it to investors outside of the existing shareholder base).
I wouldnt worry too much about the publicly visible share price. That is in the end set by institutional shareholders who have a much finer view on metrics than we do.
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If FT is aligned on this, would be great if you could ask Seedrs not to create expectations of a secondary market if it is not approved by FT
Why would that be up to FT?
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I thought it was the decision of the company, not Seedrs, to decide if their shares were traded on the secondary market. @Sergy, i also spoke to Seedrs but, to me, I think they were only marginally hopeful. It does state on the pitch that the shares were not to be traded on the secondary market.
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Is anyone now looking to invest where they wasnāt previously?
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Agreed, many may regret not investing after this closes.
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Are these your shares that you are struggling to sell?
How come? They look very handsomely valued considering other speculative tech has pretty much halved since the last raise and Freetrade have not done a whole lot in that time.
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Just my opinion. Can you you provide an example of one of these spec techs, to which you refer, valued under Ā£700m, post revenue and with similar growth to what Freetrade has seen over the last year? Genuine question, as I would like to look further into it, and why they have dropped to potentially reconsider. If Freetrade were to raise funds now, considering the developments and expansion that are in the pipeline, it would be hard to imagine it would be at a valuation less the Ā£700m. Ultimately itās a speculative investment anyway, the question is, is it worth missing the chance to invest at an older valuation - thatās up to you, I just hope you donāt regret your decision if new investors peg it at a higher valuation soon after.
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Could someone update us on wether weāll be able to sell shares on Seedrsā secondary market?
I believe that Adam said this wouldnāt be the case as they hadnāt given Seeders permission and that liquidity events would only be provided in future crowdfunding rounds. But I canāt find the quote for reference so could be wrong.
I believe the pitch itself states there is no secondary market for these shares
Iām interested to know - does the buyer actually own these shares or are they owned by Seedrs?
What if a VC comes in and makes an offer like last time, will the owner of these shares be able to sell or will it be at the discretion of Seedrs?
I am fairly certain that they will be owned by Seedrs and almost certainly they will facilitate a VC sale to get their 7% of the profits.