I think is a good business (from an experience point of view).
Chip shareholder update hinting at a CLN at a considerably lower price than the last funding round.
Interesting they have now adopted the subscription model fully like Freetrade rather than % based fees.
5 Likes
With Chip, alarm bells rang for me when I discovered that they hadnāt had VC backing yet, even more so when they would say -for several years- they were āin talksā for a VC raise that never materialised. At the end of the day, if they could raise VC capital, they would have already done so. VCs can offer cash at a scale the crowd just canātā, and thatās invaluable; With Freetrade, their VC backers were able to support them with Ā£30m to hopefully weather this bear market, Chip donāt have that luxury.
Chips existence will hinge solely on how this upcoming crowdfund goes - and if even freetrade are struggling to raise from the crowd (looking like theyāll raise ~Ā£3m over a month when in the past they would raise Ā£8m in a matter of days), itās not looking promising for chip.
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@lizmcp I have mailed Sumi to ask what this is all about. Iām always v suspicious when there is no supporting commentary. I certainly hope itās not in line with your comments 
Will share the feedback if itās only sent to me 
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She responded on the CC discussion. The 1% refers only to an initial outgoing regarding the preferential shares of the last big investor, up to a certain level. So itās a bit of a downside for crowdfunders but only at a (hopefully) low level of any exit proceeds.
1 Like
Itās a very good update,being very cautious and focusing on the present moment. I really like Chip. I think they will turn out to be a great success!
Did anyone take the exit opportunity with Vita Mojo?
Seemed like a very low offer to me, so Iāve held onto my shares.
TipJarās latest round is live and doing well so far with 160% - an additional 16 months runway to land their Series A.
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Snap! Nice they offered that option for investors however thankfully Iām not facing a cashflow crunch so was lucky enough to not have to sell. Many peeps doing it tough right now and having to liquidate at market lows (IMO) to make ends 
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TipJar just announced a Ā£500,000 single investment and they are closing the round 
Freetrade could use a few of those right now 
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Anyone with small robot company?
Overdoing the updates.
Webcast to be created every week but at the moment getting updates nearly everyday. Stop donāt need that many.
Latest crowdfunding Ā£18 million, 17 milion from institutes and larger shareholder groups (one German one UK both a Ā£1 million each) For the peasants! shareholders supposedly just Ā£1 milion but reached 1.5 million (something like that) so far.
Upping my funding from Ā£1,400 to Ā£2,900. They think this funding will do them for 2 years.
They Hope to have an ipo in 4 to 5 years.
Setting up a Canadian company most of the money to do so will come from Canadian states where they will be working.
Wouldnāt it be better for you to list what paper they havenāt been in?!
Admin Removed - please post links and not whole sale copy and paste other peopleās content.
A quick one. I assumed that all weeding would be done by the dick robot in the future but using the info from the Tom robot they sprayed a field prior to planting. On modern sprayers each nozzle is controllable so the sprayer went out and only sprayed areas with a significant amount of weeds. It used only 3% of the normal round up that would have been used. Glysophate (excuse the spelling) supposedly cost 400% more than 2 years ago.
The basic assumptions with robotics and AI in agriculture is a 40% increase in output with a huge reduction in inputs. From weedkiller to fertilizer.
I invested in the round about two years and then the FutureFund round which from memory had a decent valuation cap which it subsequently exceeded so when that converts to shares (and the interest) should be a decent base. Still debating going in a third timeā¦
4 Likes
Get in there,25%+8% itās a no brainier(this is not financial advice) 
Small robot at 150% 8 days left. They have said they may end early. If you dont pledge you wonāt get. If you do pledge you donāt have to follow through.
@Chrislewisuk @MohammedMohammed are you both talking about small robot?
Whatās everyoneās thoughts on Stablepharma? The tech looks promising but I am not 100% sure.
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Value prop looks legit
BUX is advertised as coming soon on Seedrs while there are rumours of public.com being in talks to acquire BUX.