I like this idea in theory, as demand will (presumably) only be higher when the round reopens, and I think it’s really important to let new people invest for community and product growth. My worry is that it is effectively changing the rules mid way through a round - Firstly, is this allowed?; and secondly I can see it hugely annoying people who were planning to invest more, or are after a particular reward, who will feel they are not getting the same opportunities as those lucky enough to get through the lottery of the first 90 minutes. Freetrade has done really well to manage the situation so far, and I wouldn’t want to see all that hard work go to waste, and create an (unfair) slew of hostility directed against them.
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Sure, there are tradeoffs - NB it wouldn’t cap investment forever, just initially so that everyone gets a chance and it doesn’t get to £4m within 10 mins or something with some people being there at the start but unable to complete. I think not getting a go is more frustrating than not being able to invest as much as you wanted.
Not sure what is best and freetrade will decide. I think it’s important for everyone to keep a level head about the raise - even if you miss out this time it’s not missing out on lifetime riches, it’s missing out on a very uncertain chance of gains quite a few years in the future, and to my mind the rewards are not what you should invest for.
You should have a minimum of at least 6 hours - bearing in mind not everyone:
- is in the same timezone;
- obsessively in front of their computers or monitoring this forum;
- in meetings/at work;
- travelling etc.
It’ll all be gone well within 6 hours
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What’s wrong with having a full 24h for community members? It will give everyone time that wants in to get in. Money’s money no matter if it comes from the community or the public.
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It’s nice everyone is soon excited to invest in FT but I want longer to read the documents and actually understand the full scope of the investment.
If I miss out then I guess I miss out. A day lead would be nice so we have a chance to look through the proposition and make my decision.
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24h of reading the docs but no investing, then a 2-4 private window, then public.
or
@TradeRunner’s idea of capping investment sums for a period of time here Freetrade's crowdfunding round 📈 - #630 by TradeRunner
At least 4 hours.
30 minutes to crash CC again and the rest to recover and make our investment 
Seriously speaking, I think that would be a sufficient window time to give everyone a fair chance before the public and avoid the initial rush.
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A poll might be useful here
- None
- Less than 1 hour
- 1 hour
- 2 hours
- 3 - 6 hours
- 6 - 12 hours
- 24 hours
- More than 24 hours
0 voters
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Thanks, it’s useful to hear people’s circumstances & why they’d choose a particular timeframe or process too 
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Reading adam’s update, looks like freetrade also thought on same lines:grinning:
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24h restricted period for current investors + cap on investment (£1k or £2k) makes sense to me.
This would allow more of the current investors to benefits from the EIS and if the £2m has not been reached then new investors can also join in. this would remove some of the pressure the be the first on the CC website / app, which would make it easier for CC to handle the traffic. Also, this would allow early investor to juggle with their real life (meetings, holidays, different time zones, etc.)
If current investors then want to reach for the higher rewards, they can do so in the standard round with other investors.
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