Given the opportunity, would anyone sell out now?
They will defo save a portion for crowdfunding
Personally for me, the biggest benefit about being locked into my Monzo shares without the ability to sell, is being locked in!
If Monzo said to me “do you want £30 per share?” How am I suppose to resist that? I’d bite their hand off.
… and then cry in 3 years when the share price is £100.
Being locked in helps my investment grow without me mucking about with it … yes it could all fall apart, but probably not now.
So no I don’t want the option to sell, and if they offer it I will SING VERY LOUDLY WITH MY FINGERS IN MY EARS “la la la I’m not listening”
Not every series raise has had a spot for equity crowdfunding 4 rounds for crowdfunders so far.
Given the oversubscription for all other rounds there maybe a good chunk they could raise form the crowd.
I think they are going to come back to the crowd. Monzo loves the people who helped build it.
Travala.com now live on Crowdcube in private mode for their second round
Basically a booking.com that allows for payment in Crypto and aims to be up to 15% cheaper than the rest of the market
Do any of the FreeTrade investors have a view as to when the group may raise again?
Hi everyone, is anyone following the Track campaign on Seedrs? What do you think?
Anyone have any thoughts on Honcho also? Policies sold seems very low and, consequently, valuation seems very high against this however I guess it is a case of whether they can scale and become the go-to for app-based insurance. Looks a solid team.
What do people think of this? Raising 3.6m €
(In Dutch)
What do you think about Magway?. Looks like Hyperloop for delivering goods.
Currently contemplating a punt here - the numbers are good.
Yeah and now sitting at a v healthy 40% overfunded. This is solid validation of their progress and potential, and particularly impressive given it’s on the back of a X2.5 valuation (which hasn’t been challenged by investors which is good) vs early 2018 first round. If they can land the US (where I’m based) the potential upside is massive, particularly in the warmer states.
California and Florida alone have a combined population of 60M
I invested first time and am again. Have been speaking to Sumi (founder) a fair amount.
They had offers to fill the whole round from VCs and may raise more for the US push (as per their pitch).
This money will leave get them fully ready for their key Q2/Q3 selling seasons with plenty of inventory.
The product is clearly super. The online reviews and year 1 sales clearly demonstrate that. At the very least they continue selling well in the UK which more than justifies the valuation. If they crack the US it could 10x in my opinion.
It’s also worth looking into Sumi’s father. The chief inventor / designer. He was the chief designer for the Chinese National acrobatics troupe for 20 years and has invented over 100 items. I imagine a lot of his effort will be going into designing for his daughters company now… bodes well for future innovation.
I’m putting 2x as much in this time vs the first round.
Oh and one more thing - On targets - they hit their targets in 2019 (something crowdfunding firms never do!!). Their targets for 2020 look super achievable to me. A doubling of revenue but they have the eFOLDi which sold so well in 2019 PLUS the new eFOLDi light, an entirely new product. Also they will have no inventory issues in 2020 thanks to this funding. I suspect they may even beat estimates in 2020. That means 4x FY20 sales excl tax benefit and pre-US launch…!
I really don’t like the look of the e-Foldi product. It might just be the British flag I’m averse too, but it looks so Blackpool pier.
They don’t normally come with the UK flag! That’s just the image on the raise!!
Zooming down Blackpool promenade on a Union Jack eFoldi to meet your Freetrade date? I’m in!