Invest in Monzo: Launching Our Crowdfunding!

[alexs (Alex Sherwood)]

@NotMyName @CharlesFried

Tom has explained Monzo’s growth so far & what share of the company you would be purchasing, if you invest £1,000 or £100 -

Maintain our participation ( resist dilution )

Pre-emption rights typically allow investors to invest additional funds in each future round of investment, in order to maintain their original pro-rata share of the company (ie, not be diluted). The issue with applying this to Crowdcube shareholders is that there are 1,800 investors, each of whom invested somewhere between £10 and £1000. The administration and cost involved in collecting the precise pro-rata investment to offset dilution of each person is prohibitively high. We’re working with…