Thatās strange. Hurree is in the middle of a funding round. Do you know the discount/share price/valuation theyāre buying at?
Ā£1.25 per share
Where is that funding round being done?
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Thanks - see it is a minimum of Ā£5k investment
Yes, Angel Investment Network is definitely not a crowd funding site. Ā£5k minimum is actually really low. For most pitches, the minimum is Ā£25k.
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With my crowdcube failure track record I think I will be avoiding new investments (Freetrade excluded of course!)
Iāve accepted the offer from Aaron to buy my Hurree Ltd. (UK company) shares and I am hopeful that the transaction will be completed within the next week or so.
The current funding round is for the new (subsequently set up) Hurree US based company.
Matt
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Anyone invested in any of these companies and had/having a positive experience. Iām hoping the calibre will be higher than crowdfunding companies.
Not invested but looked at a few pitches. I would say the quality is similar to Crowdcube, that is to say, not great (I think thatās just the nature of seed funding). Thereās also some overlap (e.g. LawBite is currently raising on both).
The biggest difference is that thereās often very little info on the pitch page and thereās no discussion forum where others will ask good questions. Seems like you have to do this all by yourself. On the other hand, I imagine for Ā£25k youāll be able to get a call with the founders which you wonāt get if youāre investing a tenner on CC.
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I only started investing late last year, and crowdfunding early this year so missed out on revolut, monzo, brewdog etc.
I have invested in:
- Freetrade (latest round) obvious reasons, hope for a good return long term.
- Coconut - believe they have a genuine aim & chance like Ft, good possibilities in improving accountancy for self employed.
- Seven Brothers - one of the few alcoholic companies out there that I think are exciting, mixture of pubs and their own drinks.
- Keg tracker - clever algorithms allow them to monitor inside the keg while keeping the tech outside. While initially aligned with the beer keg industry, they have plans to move into anything liquid that is transported. Petrol, Oxygen etc etc lots of possibilities.
- Gendius - remote diabetes app quickly establishing lots of interest from big pharma companies, I expect this one to be bought out.
- Imagen - computer modelling for cancer treatments, also gathering lots of interest from established players, helps model drug development quicker then established techniques.
- Noveltea - iced alcoholic tea - a bit speculative, but they have a lot of buyers from iced tea drinking countries, I think this may be a surprise hit.
- Equipsme - another speculative punt - corporate healthcare startup, I have a little knowledge in the field and if they achieve what they claim will be bought out by an established party within 5 years (I believe)
- Medic Bleep - modern replacements for NHS pagers - quickly establishing a foothold in NHS trusts, if they can widen their market & maintain security & trust they will succeed.
- The Cheeky Panda - sustainable, organic bamboo products, I believe they have a bright future with the world moving to re-usable, kinder to the planet etc products.
- Tech will save us - very speculative, but it encourages technical skills in children, iām happy to get behind that.
- We build bots - pre packaged chat bots & contact centre tools - a little speculative, but I know there is plenty of market space for a company that can deliver quickly & easily - too many of the existing products are expensive & difficult to implement & get full use from.
- Mate.Bike - electric bikes - seem too expensive to me, but they are already in profit so what do I know!
- Assetz Capital - property secured business loans - hoping for an impressive growth, concerned that it may implode if lots fail to pay if a hard recession hits.
Iāve invested in a lot more, on a smaller speculative basis, wont list them as the amounts are tiny.
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What % of peopleās total portfolio is in crowd funding?
I treat trading and crowdfunding as separate portfolios. Crowdfunding is far more speculative, far less liquid, and has a potentially higher failure rate as listed companies have to an extent. In terms of funds, I sink more into trading then crowdfunding, and more than both into my pension. Along the lines of Ā£ x 1 into crowdfunding, Ā£ x 2 into trading, Ā£ x 5 into pension. All are long term plans to give me a comfortable retirement, just the risk & reward levels are different for each.
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So roughly 12.5% in crowd funding?
Currently, aim for 5% myself but a bit higher than Iād like to be atm
Yep thatās about right. Iām looking to reduce CF down to about 10% and really focus on good opportunities only, I let FOMO get the better of me with it initially - Iām learning to be calmer and go for the potentially great ones only now.
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Yeah I went through the FOMO when I start investing via Crowdcube & Seedrs as well. Now Iām much more selective than before. Now itās about the idea, team, timing, traction, differentiations, and future cash flow risk etc. its tough to find good companies to be excited about ATM. Maybe that will change towards the end of the year.
Just to comment, I think a lot of crowdfunding companies will actually take your call. Iāve seen a few where the founder was happy to have a phone call with anyone.
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Iāve invested in:
Freetrade
Zapaygo
Coconut
And will invest into Noveltea.
Freetrade is the only one Iāve invested over 1K in the others are all significantly less!
The way I see it, is you invest in 20 companies at Ā£100 (or any generic figure) after youāve done due diligence, only one of these companies needs to do well for you to reap back your money plus much more!
But there are also a lot of companies on Freetrade that have big potential and are much more liquid than crowdfunding so you should consider them too!
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Only Freetrade (2019 and 2020 rounds) for the time being. I would have invested in Monzoās last crowdfunding but I only got curious about fintech around that time and was a few weeks late.
I often see things I like but the valuation and/or lack of a clear exit opportunity doesnāt make it worth it for me to take on an extremely illiquid position.
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I have invested in
Gohenry
Coconut
Freetrade
Hyperscience
Ascot brewing company
Patch
Wingman
Gravitricity
Noveltea
Dozens
Cranes
Mr leeās pure food co
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I invested in the current Crowdcube Seven Brothers raise and now have a reasonable stake. Decent company who seem to have ridden out the last few months.
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