Hello Monzo people!
I made a passing comment over here that Monzo is particularly bad at keeping its crowdfunding investors up to date.
As an investor in a few crowdfunding companies, they almost all drop investors a note - at least once a year - on business strategy, progress, financials etc.
From Monzo there is nothing. The last form of meaningful engagement was the Investival in 2019 - but again that was mostly about product and little about business progress etc.
Could you have a think about what to do for your crowdfunding investors? If it’s easier, think about the Crowdcube Nominee as one, pretty big, investor - one that I don’t think you’d ignore if it were from one individual/corporate.
Now, I know that you might have considered crowdfunding as marketing. And you obviously don’t want to give away too much - but there has to be a sensible medium.