Looking to buy Monzo shares


(Simon B) #21

I think this is pretty fair.

As far as valuation, there’s several milestones we hope to hit before we go out and talk to investors. I personally, am confident we’ll hit most, if not all of them (but I’m biased!)

I think it will become very clear over the next 2-3 months that our momentum and velocity are increasing rapidly. And if you thought the Apple Pay release was cool… it ain’t over

Who knows - by the time we look at another round, we might well be ahead of any prediction we can make at this time.


(Ben Talbot) #22

That’s why I want to invest now :stuck_out_tongue_winking_eye:


#23

Wasn’t the plan to do another Crowdfund first?

Is this still on the table but just pushed back… or is their no more crowdfunding for the foreseeable future?


(Nick) #24

It’s all part of the same round, isn’t it? Seeking investment with a percentage held back from investors for crowdfunding.


#25

I’m not sure if that’s how it works to do it concurrently. If so great, but I imagine the logistics between CrowdCube and a big private institutional VC investor wouldn’t work. One must come before or after the other.
Example: FreeTrade had their last Crowdfund this week which they don’t intend to do again; rather their next fund raise is to be big private investors.


(Alex Sherwood) #26

Yes, that’s how Monzo approached it last time -


(Nikhil velani) #27

Does anyone know what commission CC charge on the sell of shares.


#28

Crowdcube don’t charge commission to shareholders, they simply transfer the shares to the new owner.

The price to sell at is up to the seller and buyer.


#29

Willing to sell?


(Nikhil velani) #30

Nah not selling was just curious :joy:, seedrs charge
7.5% on the sale of shares how does CC make :heavy_dollar_sign:


(Andre Borie) #31

Can you guys please stop with the false hopes already? :joy::joy:


(Excited about Christmas) #32

Crowdcube only charge commission to the company on the initial raise.


#33

Crowdcube take their cut during the funding round from the raising company, not from (potential) shareholders.

Crowdcube don’t offer a market for selling shares so there are no transaction fees as such.


(Nikhil velani) #34

Thanks guys puts my mind at rest :money_mouth_face:


(Nikhil velani) #35

Sorry Rjevski hopefully you get some on the next round.


(Ashley) #36

If Monzo isn’t yet profitable, how does it plan on paying interesting on pots in the near future? :nerd_face:


(Jack) #37

Through an intergration with a third party savings bank.


(Paul) #40

Hi Dreamture - I’m looking to offload some shares (1949 + 249 = 2,198 total) and am looking for £5+.

I would like to offer these in an open, transparent and fair environment so if you are interested let me know and I’ll add you to the mechanism I choose to find market value. Slack/Telegram channel, whatsapp group, email chain etc…

Cheers.


(Is Santa here yet?) #41

You’ve got permission to sell before a bidding war starts and a lot of people are left disappointed?


(Paul) #42

Hi, Ra_au_van,

I’m aware of that and I suspect permission will be granted in due course given a genuine reason for offloading at this point. It was never my intention to liquidate before IPO but alas I find myself in this situation.

In the interest of keeping it fair I would like to take the price discovery off this channel somewhere else. Neither Monzo or Crowdcube have interest in this, or should have interest given it’s a conflict of interest. If I am permitted to sell and the price is agreed then the mechanics would be handled by CC.

Again, if anyone is interested let me know. I have a few interested parties already.

Thanks.