tag:blogger.com,1999:blog-8552311631038672977.post408899579416634391..comments2023-10-19T03:35:22.831-07:00Comments on The Real Facts about Equity Crowdfunding: Busy month for Crowdcube funded companies - will they show any improvement on their dismal performances?Rob Murray Brownhttp://www.blogger.com/profile/10298710231782204493noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-8552311631038672977.post-32219843566224631212018-09-10T10:32:49.601-07:002018-09-10T10:32:49.601-07:00From what I can see the Crowdcube figures showed s...From what I can see the Crowdcube figures showed sales at almost £4m by 2014 - but that is total transaction value so its hard to know. TTV was supposed to be at £10m by 2017 with revenue from that of £3m. I cant see what the T against their revenue figure signifies. I do know they are losing money big time. So still up in the air on these guys - I never go much on awards and PR lists. Rob Murray Brownhttps://www.blogger.com/profile/10298710231782204493noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-42588529264079719392018-09-10T06:58:03.541-07:002018-09-10T06:58:03.541-07:00Rob,
Thank you for all your hardwork! Meaningful ...Rob,<br /><br />Thank you for all your hardwork! Meaningful and a valuable education in how shite the crowdcube farce really is. You should be government funded as a consumer watchdog if nothing else. I have been ejected from my bubble of trust by this blog (and have saved a few quid because of it- thanks again).<br /><br />Any chance of doing a + article on some co's actually being straight and pushing through? Maybe honing in on Justpark?<br /><br />The company ppears to be have grown its sales from £949,000 (see 'financial snapshot' given in their crowdcube raise of 2015) to £3.7m as per article in The Times yesterday - link https://twitter.com/JustPark/status/1038708937661599744<br /><br />Also their most recent investor update mentions there were 240,000 "cars parked- apps" in July '18 alone, up from 8,000 transactions per month (guesstified from press releases) back in 2014/15.<br /><br />How about you shine a light on the diamonds in the rough, just to give the hardworking, and honest founders/CEO's and good guys a bit of LOVE?<br /><br />I'm an investor fwiw, and very very stupid.<br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-79961359690547490532018-09-09T02:39:08.503-07:002018-09-09T02:39:08.503-07:00Actually doing some more digging this looks very f...Actually doing some more digging this looks very flakey. Cliams to be stocked by Tesco turn out to be just 19 stores local to The Lakes, FT reports t/o up 43% YoY but their CC pitch reported over 80% for YoY revenue growth. 3 year revenue total over £9m (at 80% Yoy) 15/16/17 according to CC pitch but 18 Rev only £4.3m - those sums really do not work. Mainly a PR exercise IMO. Rob Murray Brownhttps://www.blogger.com/profile/10298710231782204493noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-66582931199187525792018-09-09T02:30:43.491-07:002018-09-09T02:30:43.491-07:00Yes saw that. They also had a planned raise throug...Yes saw that. They also had a planned raise through issuing 2.5m new shares to Eera (Finish Co) but that doesnt seem to have been followed through. Small funding rounds recently seem to value it at 10X what CC investors paid so they must be getting something right but an IPO for just £15m??? That doesnt make sense to me - could just be a PR game I think. Accounts due out end of this month might give some clues. Rob Murray Brownhttps://www.blogger.com/profile/10298710231782204493noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-6858230765254979412018-09-08T10:15:00.957-07:002018-09-08T10:15:00.957-07:00Lakes Distillery considers IPO
https://www.lakesdi...Lakes Distillery considers IPO<br />https://www.lakesdistillery.com/blog/2018/09/the-lakes-distillery-considers-possible-listing-on-aim/<br /><br />any thoughtsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-31461184065990667512018-09-06T04:16:17.007-07:002018-09-06T04:16:17.007-07:00We already commented on this Co - see past posts. ...We already commented on this Co - see past posts. Rob Murray Brownhttps://www.blogger.com/profile/10298710231782204493noreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-32602499113364419882018-09-06T02:02:04.364-07:002018-09-06T02:02:04.364-07:00Any thoughts on Awesome Merch raise on Crowdcube? ...Any thoughts on Awesome Merch raise on Crowdcube? Looks like they have a very solid business already...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-3566733369949998232018-09-05T07:57:38.805-07:002018-09-05T07:57:38.805-07:00To Old Dave above: BrewDog is not worth £1.8bn as ...To Old Dave above: BrewDog is not worth £1.8bn as you seem to bandy about. It is worth what someone or some organisation is willing to pay for the shares. Valuations of unlisted companies are worth similar to most unbacked, fiat currencies - i.e. nothing in reality.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-50707868952273564322018-09-05T07:55:09.199-07:002018-09-05T07:55:09.199-07:00To the Anonymous poster above: Angels don't ha...To the Anonymous poster above: Angels don't have a habit of broadcasting their losers. It's almost impossible to identify any successes within privately funded organisations.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-59719677728809559152018-09-04T01:59:39.138-07:002018-09-04T01:59:39.138-07:00Totally agree. These numbers are meaningless with...Totally agree. These numbers are meaningless without that context. <br /><br />Also re BrewDog - I assume you are talking about the experiment they tried at Overworks which cost them about £100k in wastage. Would you really expect a company worth £1.8bn to discuss every one of those in an investment pitch? Also let's face it - anyone investing in BrewDog at this stage is in it for the perks. CrowdCube is just a convenient way of getting them if you're already a member. Quite tempted actually...Old Davenoreply@blogger.comtag:blogger.com,1999:blog-8552311631038672977.post-2723068088140677842018-09-03T08:59:43.050-07:002018-09-03T08:59:43.050-07:00How does this compare to businesses that have rais...How does this compare to businesses that have raised capital at seed stage from other sources, I.e. angels. It would be great to see if projections on crowdfunding platforms (not just Crowdcube) are out of kilter with other sources of capital. Anonymousnoreply@blogger.com