Freetrade Investment

Guilty!

It’ll actually be great PR for CrowdCube, it’ll get their name out in the news, etc… unfortunately people don’t expect websites to scale properly when hit by peak demand.

It is a bit ridiculous that after all this time CrowdCube haven’t built a proper scaling solution though.

2 Likes

Just got an email from CC saying that the investment was successful and everything will be reconfirmed when the round closes - apologised for the poor form and that the freetrade round will be back open soon :man_shrugging:t2:

2 Likes
1 Like

Hold on a second… didn’t they have similar issue during Monzo’s second round? I remember Crowdcube’s website crashed as well.

2 Likes

Yes and it appears this had an even greater demand :scream:

3 Likes

I was able to get in quite early and was ok but after about 5 mins the site was unusable.

I was able to gain access and pledge fairly quickly through the CC app. I imagine there will be some late nights for CC folk tonight!

1 Like

I was thinking about investing and picking up Freetrade, but it all happened so fast and I didn’t even have time to receive the financial documents let alone read them!

If it opens up again and I still can’t get access to their documents then so be it. I’m not going to rush or pledge just for the fear of missing out, I’m happy to move a bit slower and be the one in control.

1 Like

It’s only a pledge, which you can cancel if you aren’t happy after reading the documents

1 Like

It looks like CC have started re-instating the investments which they had cancelled, my original investment amount is back.

Freetrade are closing this investment round, they are opening a new round in June.

Good idea as it gives access to more EIS and hopefully a stable crowdcube environment - at least by June they should have two hamsters on wheels instead of just the one (poor little thing).

2 Likes

I’m still amazed to this day how lapse Crowdcube are in nearly every department.

3 Likes
2 Likes

How many ended up investing?

(From this forum)

:raised_hand:

šŸ™‹

:raising_hand_man:

:muscle:

:raising_hand_man:t4: