So that means that potentially there will be £623,000 left, for just 623 new investors - although in reality, not all of the previous Crowdcube investors will invest £1,000 & neither will the new investors so both numbers will be higher.
Still, given that there’s over 9x as many Monzo users now & the brand is much better known, it looks like there’s going to be a lot of people in that ballot! And it’s great to see that Monzo increased the amount that is set aside for Crowdcube investors accordingly.
Here’s what the investment from Crowdcube investors looked like last time -
Images copied from this blog.