Hey Chris! Just as you’d think, we’ve been hard at work: launch plan, solid progress on hiring, etc. - and that’s sort of what the announcement was about as well.
We haven’t spent time finding and crafting answers to the questions in Chris’s comment because all of them fall into either of these categories:
- too specific to a selected screenshot from our first Crowdcube round. As Adam said, just about everything changed since: the team, the business model, regulatory permissions, even the product. I personally don’t understand parts of the comment, e.g. “increased engineering hiring” - the premise of our last raise was scaling up engineering and customer ops.
- The answers will be available when the financial reporting cycle is complete. And even then, we won’t answer every question, if answering the question would harm Freetrade and by extension, our investors.
In general, while we are fans of pushing transparency as far as possible, we may not be able to answer each question you might ask, especially not straight away, for a number of reasons:
- the data is not available
- the answers are commercially sensitive (these tend to help competition, but not our beloved community)
- the answer is only reflective of the short-term situation and therefore misleading
- we simply don’t have time to answer every single question we get asked
(Apologies for any typos here. I’m on holidays and swiping this out on mobile.)