On the plus side its been liquidated (took about 2 yearsā¦) so its one to forget about. I would rather that then a company pretending to exist with a āsecondaryā valuation at original or latest raise as there have been no transactions.
Its way better to have honesty when a company runs out of cash , or dies for whatever reason. I always expect 80% or so of start-up to fail (Seedrs and CC funded should be less due to amounts they are able to raise in my view and they also seem to have the ability to double-dip with a follow up).
When I see the very low reported failures rates of the Seedrs and CC funded then I just get a feel that there are many who are running on hot air or are in effect dormant, but the chain has not been pulled.
Then there is potentially an issue with the valuation policies if a clearly dead one based on the quarterly reporting they do (?) indicates problems or ceases. Comes back to the lack of info the crowd gets once money is in the bag. The ones I have invested in have generally been abysmal apart from one, but maybe I have been unlucky
I am looking forward to the 20% holdback Apple made when they bought Stamplay that is due late Feb this year. I am hoping that a comapny like Apple wonāt nickle and dime on that. Seedrs closed the Stamplay forum for questions so we dont know the likelihood of being paid, but presumably they have been in contact so there are minimal delaysā¦
Just got the notification of the return on Gift Gaming
I think it would have been more appropriate to include gross investment, distribution, and net return % and it would have been appreciated to have got a mail quicker than 17 days after they had credited the investment accountā¦
There really could do with being a bit more open attitude and timely info flows to the investors that make them money
I personally do not think I made a gross return but a gross loss
TR Business reports āGlobal Blue raises $70 million in equity capital to buy ZigZag tech platformā. The seed round at CC was at about GBP560k valuation. Even assuming quite a bit of dilution the exit multiple appears to be substantial.
I invested in Metre (then called Get Site Tracked) in 2013 which paid out 9x (900%) in 2016 (if I remember correct) when a larger shareholder bought out shares in a private sale. It was the early days of CrowdCube back then. Anyone else been investing on CC that long? Iāve been investing there so long I actually even have shares in CC itself from its 2014 round (something it hasnāt repeated since)
Whatās your success/failure rate or any other useful stats from a veteran?
I have invested in Freetrade and Money Dashboard, both 2-3 years ago. Money Dashboard hasnāt really done anything and the business doesnāt seem that exciting at the moment, they are at least a fairly respectable company though.
Honestly, the success rate in the first 4 or 5 years of CC was shockingly low, personally out of 8 companies I invested in between 2012-2014 only two are still alive, CrowdCube and Farmdrop plus the one 9x exit. Farmdrop has done very well but the shareholder dilution has been massive. I actually gave up on Crowdfunding between 2015-17 and so missed Revolut and Freetrade R1s (v. disappointing!). The combination of that 1 successful exit, seeing what was happening with Freetrade and Revolut and better quality companies finally coming to CC meant I decide to return in 2018 with Freetradeās R3 (stupidly passed up R2) and kept investing since then. Time will tell how this second wind goesā¦ but now days I stick to the really big multibillion plus ideas.
Yeah NowRx are currently raising at a whopping $275M valuation ($10.50 share price) and already have ~ $8.5M in advance reservations for their Series C on SeedInvest. Incredible traction already.
They are only getting started as well so potentially massive upside from here
Look forward to hopefully reporting back on this thread in a few years when they are IPOāing or being bought out at $100 SP. We can dream canāt we
Yup, just seen. Itās all incredible high risk investing. 1 successful exit out of 10 is doing well. Farmdrop was around 9 years and still failed. Bulb was a huge U.K. start up success stories and unicorn just a few months ago and now bust. At least CrowdCube from the early investments has just successfully raised and on a good footing
Winc (AI driven wineclub): invested quite heavily 2 years ago, listed on Nasdaq few weeks ago at 10X. That seemed too high to me and has taken a big hit but still 5X so very happy with that. Lock our period ends in May.
Volcon (ePowersports): invested 1 year ago, listed on Nasdaq few weeks ago at 4X and holding firm. Lock out period ends May. If you get a chance check their vehicles - INCREDIBLE!
Gatsby (options trading platform): invested a few months ago, and have been acquired by wait for eToro at 50% premium. Hope you can all forgive me but Iām going to be an eToro shareholder
Not at all, happy to share. Wefunder and SeedInvest and small amount on Start Engine. Heavy filtering need tho as there are a huge amount of deals out there. Iām in the US which makes things easier, especially from cap gains tax perspective (when there is actually a gain of course )
Let me know if you have any specific questions.
EIS is great and reduces risk but itās irrelevant if you can gain access to a higher grade of investmentā¦
Nice one, have you got a lot of crowdfunding investments and are you generally up? Thatās the most exits Iāve seen.
Iāve checked out WeFunder as well. On all these crowdfunding websites there are technology companies that are essentially scams as thereās no way the technology could work.
That is some ROI. Huge congrats to you 
