Crowdfunding in Numbers

[alexs (Alex Sherwood)]

@anon7405683

Either that or monzo/crowdcube had a bias in the investor selection process towards those with pledges of £10, £20, £50, £100, £200 £500 and £1000

We don’t need to worry about that as we know the selection was set up to be 100% random -

Open Office: February - Live Streaming

Apologies for the technical details below! The ballot process relies on a pseudorandom number generator (PRNG) and a predetermined seed. To summarise from these links: A pseudorandom number generator is an algorithm for generating a sequence of numbers whose properties approximate the properties of sequences of random numbers. The generated sequence is completely determined by a relatively small set of initial values called the seed. The secret values are combined and …