Announcing Our £22m Investment Round and Crowdfunding!

Monzo Chat News & Updates
351

That’s the sort of stuff we could have minor-ly deciphered if we were told: Okay, I’ve sent round 1 winner e-mails now to 1000 lucky people! And we all watch the counter go to 927 or 1024.

Or going back 70 posts, an anonymous exit survey:

  • How much did you pledge?
  • Did you win?
  • Did you then invest?
  • How much did you invest?
  • Do you prefer a lottery or first come-first served?
  • Can you think of an alternative method?
  • Should forum or Monzo users have priority access?
  • What did you think of free investment sizes?
  • Should everyone have the ability to invest, at a low investment level?
  • Would you invest again?
  • Do you care about pre-emptive rights?
  • Are you aware of the risks of investing?
  • Any other feedback?

The advantage being, you can see the weighting of investors Vs non-investors on answers.

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352

So I guess its just a case of waiting for the Email of doom today
no more opps?

353

It looks like it :cry:

Edit - there’s a video attached to the post too, which you can watch here -

Click the :arrow_down_small: to expand this post & click straight through the video page.

https://community.monzo.com/t/monzo-community-the-blockbuster/7445/7?u=alexs

354

That’s a shame. I was hoping that they’d reach out to community members to try and close the gap.

355

Complete OT, but I just watched the vimeo video attached to the latest facebook post (that @alexs has shown above) and to my surprise I see someone who I used to work with (if only very briefly). @marcel_w is that you?

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356

No i’m not actually in the video :smile:

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357

Oops, wrong Marcel then :stuck_out_tongue: (Some quick googling reveals he now works only 4 mins walk from the Monzo office).

358

I just received my email :’(

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359

Mine too. Early access to the current account despite not getting to invest though!? Very nice touch! Good on you, Monzo HQ.

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360

I got my email. They are offering everyone that pledged early access to the current account!!!

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361

I’ll take that :tada:

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362

It would be good to have some clarification from the Monzo team - will unsuccessful pledgers be given early access to the current accounts at the same time as the investors from this round or will pledgers be next in line, after the investors?

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364

Agreed, it does sound a bit ambiguous, do we get access before or after the investors, or is it like american airlines boarding:

Group 1 - Investors
Group 2- Pledged users in Beta
Group 3 - Pledges users not in Beta
Group 4 - Everyone else

365

Will Monzo / Crowdcube be releasing any stats on this investment round, specifically:

  • The percentage of current card holders that pledged.
  • The percentage of successful investors being current Monzo cardholders?

It’d be interesting to see how the userbase is reflected in this opportunity.

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366

That is a positive touch

367

@effsee: I’d love to do some stats. @anon38211169 what do you think about a blog post later this week or next week with them? :slight_smile:

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368

This hasn’t been decided/confirmed yet but we’ll keep you updated :+1:

Yep sounds good!

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369

Cool. Look forward to it :slight_smile: :+1:

370

We don’t have the bandwidth to do this at the moment I’m afraid. The legal implications around sharing non-aggregate data like this would be another consideration. Would it not make more sense to dedicate this effort to focusing on what we can do better in future crowdfunding rounds?

In terms of duplicates, there were a handful of duplicate pledges <10 which were identified and de-duplicated by us. We can’t comment on how many people invested more than what they pledged until we have the full list of investors at which point we can look into this further.

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371

Ah, that’s okay by me. Worth a shot at asking, thanks for looking in to it! :thumbsup:

My one comment would be that there was a lot of stress on being able to verify the ballot’s randomness and wording suggested that anybody could verify it, this is not the case by the sounds of it.

1 Like