DI’m not sure I entirely agree on giving current investors first dibs on this. Could someone from Monzo clarify why this is the case? I can’t affford the full £1000 investment, so have no interest in investing that much.
A bit of something is better than a whole lot of nothing.
I just want to fund a little bit, maybe up to around the £100 mark. But I fear that giving current investors the priority would mean folks that are new to the party less likely to get a sniff. Any official reasoning behind this decision, and in laymans terms, would be highly appreciated.
Edit
Just had a look, found a nice informative post from @tom that seems to have cleared everything up for me. Nothing to see here…