here
please don’t think Im trying to teach anybody to suck eggs - but as far as I understand - as a crowd cube investor myself
Not sure I agree with “heavily diluted” - every funding round will see original investors shares diluted - depending on what position Monzo is in this will decide the dilution that Monzo has to sacrifice - bearing in mind it is the founders shareholding as well that gets diluted so they want a good strong deal for their benefit as well , if it was for 10% this time - or 20% or 30% it would see the original crowd cube shares being worth .0003 (was it ? , cant remember) now after dilution being worth 0.00027 , 0.00024 or 0.00021 of a much bigger pie.
If Monzo goes from 50,000 users to 200,000 users in an accelerated timescale because of this extra funding provided by Passion everybody benefits , and to deal with one investor providing ÂŁ4.8m rather than 4800 investors with a grand is obviously far easier for Monzo, albeit possibly disappointing for some previous crowd cube investors wishing to retain their original level of stake.
It will obviously be a very touchy subject on the next funding round, if as Monzo suggests its going to be another part public offering- which worked so well as an advertising platform for Mondo last time, to not P off original crowd cube investors wanting to keep their stake level , and at the same time not P off people that wanted to invest but didn’t get the opportunity, and not P off new investors - good luck with that team Monzo