Vs the update:
2020 Series B confirmed?!
I hope itās not too similar to Robinhood, as they gave up on the UK and the last point on that slide is āWithdraws from Chinaā
I remember, nearly missed investing back then as I saw the name and thought itās something else glad I clicked through though.
Also regret not getting the grey hoodie with the original colour logo
ā¦hope no one minds me adding that old image thereā¦
Great slides
@Viktor hasnāt aged a day
Yep, one of us will deliver on international expansion.
So, in 5 years we will be worth £8+ billion?
User 2568XX
Yeah that was just a serious tease putting that in there wasnāt it - well spottedšš¼ Sounds tastyā¦
From the size of the circle Iād guess theyāre raising Ā£5m?
You are kind, Jonny. I feel decades older compared to when we started Freetrade!
We learnt a lot and ready to go even bigger in every way.
I piled in in 2016 about as soon as I saw the name and Adam (on the pitch video first). It was so clear the world needed Freetrade, desperately.
Thatās such a lovely image of early investors. Thanks for posting it!
Series B I would think would be between 40 to 50m to really give that market push
I think itās impossible for us on this forum to guess how much they need for a series B without knowing the current financials, and what they intend to use it for.
Do they really need Ā£50M? and are they in a position to use that much money effectively? I donāt know and I donāt think anyone does except Adam and Victor
Letās cut to the chase,when will Freetrade be a unicorn fintech. I would appreciate a rough estimate from Adam & Viktorā:clap:
I will say 2023 comfortably. That could be the year they enter North America
Iāll give you a rough estimate. Not in 2020.
Iāll go for June 2022
@adam As a suggestion, maybe to address the point about market penetration and growth rate would it be helpful to measure users acquired as % population of investors in the market?
Iām aware of the usual caveats such as millennials not being part of this group of investors pre-free trade eras.
Maybe another suggestion is to present two to three corroborating data points to demonstrate the momentum.