So annecdotally a lot of people I am speaking to (who are not already investors) are keen to invest next Wednesday. I have a feeling the (minimum £5m) shares that will be available after existing investors have had their fill are going to sell VERY fast.
a) Do we have any bets on how long it is going to take to sell all the remaining shares? If it took 96 seconds for £1m - I think all £5+m will be done in 5-8 minutes.
b) How are Monzo going to manage demand? I am guessing it is being done in app so its customers only, speedy UX (they know your details) and the servers are up to the load…but I can’t help thinking there is a high chance everything crashes at 10:02 on Wednesday 5th.
What does everybody else think?