Here’s a lil data debrief after yesterday’s crowdfunding round!
Exciting times ahead!
Really nice to see all those small investors
Congrats again Monzo!
That huge spike on the graph has to be one of the most satisfying things I have seen today, congratulations!
I particularly loved the low barrier to entry of buying 1 share. How inclusive is that.
Monzo HQ are really excited, two very similar blog post (- the graphs in latest)
Great to see some analysis, and am particularly pleased to see the distribution chart after having asked about it yesterday (lopsided inverse bell curve with a bump in the middle, would appear to be the best description). What’s most interesting to me is how many customers put in under £100, that bar is much taller than I expected.
Finally, it’s a small point and awfully picky of me, but could the ‘Amount invested’ labels be looked at and amended accurately? At the moment they’re overlapping: 0-100 followed by 100-200, etc. Where do people who put in £100 (etc) go? I imagine it should be 0-100, 101-200, and so on…
Thanks for setting the graph up
If people want to see that spike zoomed in:
Where’s the rest of the graph?!
It was nothing short of magnificent seeing that graph max at out £20 mil so quickly yesterday
Massive congrats to everybody involved And to the mainframes which didn’t catch fire whilst receiving our dough
Excellent, proud to be a small part of this.
Nice to see that graph showing most people invested under £100, I was feeling a bit ashamed at the £555 average investment when mine was a tiny fraction of that
Monzo has mainframes?!
I certainly hope not I don’t imagine they’d be able to do anything useful for Monzo
Interesting data. I agree that it is amazing to see so many small investors. That is what Monzo is about for me.
Luckily I was able to jump on at 10:00 exactly. My boss thought I was sending a work related message! Smoke and mirrors! All smoke and mirrors!
We actually rounded slightly to make it easier to read. For example, if you bought 65 shares for £501.44, we included that in the £400–500 bracket (We didn’t round more than a share’s worth, though!)
Ahh, thanks for the clarification, that makes it so much clearer. Usually I’d ask why then the graph isn’t labelled by number of shares, but I know the answer would be “because it makes the values invested more opaque”.
Similarly, I can see now how if you went with accurate £ labels people may well ask “Why the (apparently) arbitratry boundary amounts?” So probably best if I set down my lone pedant niggle now.
Being one of those small investors myself, this is exactly what I thought too
Super excited to be on board! 3 shares to get started - and a new Investor card arrived in the post today too!
Excellent. Proud to be part of this.