Series B I’m thinking £5-6 based on early Jan and easily £10+ in the summer for crowdfunding.
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What’s the difference between series B and crowdfunding?
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Series B is an institutional investment. Normally one or two companies that invest in freetrade for alot of money.
Crowdfunding is when freetrade goes to the public and gives the opportunity for normal people to invest in freetrade.
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Thank you
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I think the series B was agreed in January before the GM craze. It might possibly be Draper Esprit the VC who invested last time. They might have invested this time between 30-40 million that would roughly value Freetrade about 400 million and apparently they will be crowdfunding sometime about May where ordinary Joe Bloggs can invest.
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nah… I bet he dreams about the swag… I do
Yes but the subsidise majority of FT plus with 3% and they pay shares for referrals. This is cash burning which would need filled up soon
3% favours them as they are paying alot higher to borrow them selves to actually it’s helping them.
Granting a 3 pound share for someone doing their marketing job and sales is cheap as chips
What?
They aren’t spending the money people have deposited. It’s ring fenced.
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I do indeed, I need more socks 
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Victor dips in for his famous parties… Hahaha . LoL.
My point is like a bank uses the margin on deposits and current accounts to balance payments I am sure free trade are doing the same.
Client money is ring fenced in segregated accounts. It is against FCA rules for the money to be held in the company bank accounts. They cannot and are not using customer deposits for business expenses. It’s absolutely nothing like a bank.
Next time you are ‘sure’ about something - it’s probably best do a bit of research to avoid coming out with slanderous statements.
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Thanks for the info. Good to see someone knows the regulations.
Guess, using the word sure was I mistake.
You are a better person than me.
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BUX is now valued at Euro 195m
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A friend just showed me a video of the Bux app as they are in Europe.
Jesus - it’s shocking. Absolutely terrible.
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They had 300k users at the end of 2020.
Link doesn’t work…?
I assume it’s the latest statement of capital on CH - in which case - no it doesn’t. It shows a £40k investment at a substantially discounted share price.
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