All the people thinking they made profit just benchmark it against S&P and not BTC.
Thankyou very muc FT for setting my expectations right on crowdfunding.
Sale was the reason for no responses on emails, huh. Now it makes sense.
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Absolutely nobody should be surprised by this. 
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Where’s that cow and his hooves? 
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What did you say?
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I don’t see Crowdcube doing anything
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You’re suggesting an entire method of investing should be banned because you’ve personally had one bad experience? You were warned several times prior to buying crowfunding shares that it’s a risk, as it is with buying any type of shares. There are people (including non-VCs) who would have come out in the green with this (even if not by much) and those who’ve come out in the red. There are also people who become super rich and those who lose everything and/or come into serious debt.
No one ever forced you to part with your money, so just because you were a sucker like the rest of us in this particular case is no grounds for the entire option of crowfunding for being banned.
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50% of my investment was in 2019 so I am probably going to break even when considering tax relief. Which is still a terrible result considering what I could have done with my cash in the market.
It is extremely unfair that VC’s get such a better deal compared to crowdfunders and I don’t see how this is in any way fair or keeping with consumer duty rules - as consumers don’t have the knowledge and experience to understand this nuance, and the deal is made with a consideration of the overall share price across all share classes.
I’ve thought FT was going down the toilet since the post COVID comedown in the investing world. Moving away from Free showed there was no money in the original mission, and since 2021 they have struggled to differentiate themselves. I am very much regretting putting any money into FT but I will keep it there for a while now I’m in as I have some funds which are loss making right now 
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What exactly are you hoping to achieve here? Crowdcube’s just a platform for buying (and potentially selling) shares. They have no involvement whatsoever in company decisions. They’re essentially just a middleman and therefore have absolutely no control over what companies do.
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Crowdcube is also a zombie company. This was going to be one of their high profile winners and it’s ended in tears.
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The only silver lining is that I will not need to complete a Tax Return now, as there is no capital gains for me to report!
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Anyone with contacts at new agencies like The BBC or ITV or Channel 4 should contact them (on twitter or another platform). I think this would be an interesting story to cover; how when even a favourable crowd funding outcome is achieved, crowd funders still get screwed over
The BBC can be contacted at bbcyourvoice@bbc.co.uk
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I’ve invested in five Crowdcube rounds and I’m coming out with a grand profit of 15.5%. Wow.
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I put a grand in at R2, which got me over six thousand shares at 15p. then I put some more in at R4, So I’ll actually get a few grand profit. but it could have been so much more. And I’m disappointed for all the later investors who will make a loss.
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Robinhood and Coinbase are 100x bigger than Freetrade, and materially in crypto - they’re not in the same valuations league as Freetrade and for good reason.
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The May 2020 I paid 2.51 a share at a 140 mil valuation.
How can the current valuation be 160m yet the shares Im selling be worth less than half of that ?
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Yeah I’m sure that’s part of it. At some point you get tired of whatever you are doing and want move on in life. And if there clauses and liquidation preferences that your own shares and stock options are protected and get a good/okay return - then why not.
This is a lesson for me to not really invest in private companies anymore because you have no control. If you invest in a public company and their strategy changes or you don’t like what they are doing you can always sell early.
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You were warned several times prior to buying any shares on Crowdcube, and DYOR is probably the most 2nd common and parroted advice following “never invest more than you can afford to lose”.
These pieces of advice apply regardless of how new or experienced you are, but if anything they apply far more to those who are new and no one is ever going to hold your hand and no one can predict what’s going to happen in the future (otherwise we’d all be billionaires by now).
As per the email the majority of shareholders with voting rights voted for the sale, and I bet if Freetrade was being sold for something crazy like £9 p/s none of you would be crying bloody murder as you are right now.
Yes this sucks, it really sucks, but we’ve all only got ourselves to blame for being sucked into the hype and risking our money, but that’s the biggest part of investing.
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This exit is better than a bankruptcy given there are many commission free apps popping up these days. The likelihood of crowdfunding companies failing is high.
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Nice, I’m happy for you at least. I remember trying to invest in one of the early rounds (possibly R2 or R3) but I recall there being issues which prevented me and others from doing so (something along of Crowdcube’s site not being able to cope?), but managed to invest in R4 & R5. Think there was at least 1 more afterwards, but by that point I realised it was a bad idea so didn’t invest anymore.