BREAKING NEWS - Stamplay, which used Seedrs to fund, has been sold to Apple for around $5m in a much needed boost for equity crowdfunding.
Whilst Seedrs nominee SHs will have to wait 2 years for the full ROI, their initial return is two times the principle excluding EIS reliefs. Stamplay founders remain with the company and will now be employees of Apple. A great result for all.
The deal suffers from the now normal problems with Equity CF SHs not being given full disclosure and with no choice but to go along - or rather be dragged. But it is a return in a sector that is very lite on them so far.
Stamplay used Seedrs for multiple rounds between 2014 and 2016.
