You might well ask. Their London flagship at 8 Eldon St is now a hairdressers and has been for around a year. Crowdcube are still promoting the new shop opening on their website. Their accounts for YE Feb18 could be the construct of a Judd or Serra. FB is two years cold. Twitter didnt.
159 Crowdcube punters gladly handed over 150k. The accounts, the few lines there are of them, show no cash or seeming value.
We contacted Dominic Dumont the founder and recipient of the £150k. He said last week that he would explain all of this. An email from him yesterday said he had decided not to explain any of it. It ends that he hopes we understand. Sure Dominic, we understand. When will people wake up to the fact - illustrated here and with the ongoing fiasco at Emoov, that Crowdcube do not do any due diligence and do not care about investors.....at all.
Is this what Crowdcube mean by encouraging entrepreneurs to have a go? Surely there must be line over which having a go becomes having a laugh. It is such a dreadful waste of valuable resource.
Keuken's website, once you've wiped the cobwebs off, talks of servicing but the accounts suggest that they dont even do this. The company is literally worthless.
Maybe we missed something, maybe the accounts are wrong. Or maybe it is just another example of the very poor businesses Crowdcube promote. Ones that they themselves do not even know have now left the building. This patient looks blue to us. And so do many many more of Crowdcube's success stories.
It is why we really do need our new ECF Buzz initiative to enable investors to make better informed decisions. It is clear Crowdcube will keep on presenting poor business ideas for as long as you keep blindly investing. Take a look - https://www.indiegogo.com/projects/ecf-buzz-the-crowd-investors-information-centre/x/19804529/ - it is there to help you.
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