We already have a thread for Crowdfunding failures. @Alderms Suggested we have one for successful exits
Has anyone made money from a successful Exit?
I’ve had one so far. I put £500 into e-car club. I got £1575 back which was a pretty good return. They still seem to be doing OK so I kind of wish I’d been given the chance to stay invested
I backed the game, but didn’t actually invest. I guess it was successful because I have game and season pass for less than it costs to buy now on Epic store
Those who held on to their shares will likely see a far better return, I’m guessing 50x…
What was extraordinary in Revolut is that investors got preferred shares, just like the VCs that joined simultaneously.
Whilst not an exit, Igloo Energy have announced they have closed a new 4 million pound raise from OSAKA gas lifting the share price to £59.15 from £18.16.
Decent. Very Decent return for 24 months I thought. Have many many more with much bigger potential returns (on paper that is that might never actually materialise of course) but this is the first real “cash out / profit taking” I’ve had. I’ve got my hopes pinned on a cool wee company called FreeTrade - anyone heard of them?
Looking like my second successful exit may be on the way, but again I think they’ve gone too early and the return doesn’t really justify the risk I took. Yeah I’ll make 60-70% but I’m up that much on AAPL in a shorter timescale without the risk of a losing the lot
I think the successes really need to be a multi bagger to justify the risk, and cover the inevitable failures. I probably won’t bother with any more if this is the way it’s gonna go
Not sure if I’m allowed to say who it is yet, it was a “secret” email from crowdcube
That’s the way I feel on reading this and from my clients at work. A huge amount of risk, most fail and the good ones either dont cash it out for the investors or cash out just as things look amazing and the return would have been pretty much guaranteed in a couple of extra years with near zero risk as a long term investor in a diverse portfolio.
The problem is that they’ll never, as a small independent company, be able to scale. They’ve realised this and sold out to a huge energy company. The realistic alternative was to rack up massive losses and fail, so this is a reasonable outcome for us.
Yeah, It’s still a success, I’m just feeling that crowdfunding is not worth the risk to get 60% or so. That’s doable with large established companies who are highly unlikely to fail. See MSFT and AAPL this year.