You’re going to lose your minds over my next Monzo blog post about the continuous integration pipeline
When can we expect it 
I heard it’s about a blockage in the continuous integration pipeline which caused a non-continuous integration and the end of the world as we knew it.
So you’re the Flux
ruined Dr Who now, thanks 
When can we expect it
I’m not sure. I’m having to interview all the big names. Tom Blomfield, TS Anil, Tim Apple. It’s important I get as much information as I can about our performant continuous integration pipeline and the non-continuity international blockages intercepting our amoritized complexity.
I do, however, have a blog post in the pipes that you might see next week ![]()
Is it about a bus?
As I recall we made it for staff benefit in 2017-ish back when there was only a hundred or so of us!
Since IPO’s have been brought up briefly in here - How would an IPO actually work for private investors… Namely, all our shares are currently held by crowdcube under a nominee account. Presumably they’d have to make arrangements with each share holder to move what you own onto a platform that deals with public shares?
Just curious how that part of it would work
I’ve only found one case where a Crowdcube business has had an IPO:
https://www.crowdcube.com/explore/blog/investing/bidstack-lists-on-aim
In case case, it says shareholders were issued with new shares.
Crowdcube shareholders were issued approximately 7.25 new shares for each bidstack share held. The effect of this transaction and the current trading price is a potential five times return for Crowdcube investors.
That’s called a stock market ![]()
It’s supposed Crowdcube would charge you a fee to put the shares into your name. I guess if you wanted to sell them you’d need to find a broker, maybe Crowdcube will recommend one
I think they’re talking about a broker.
There’s normally one assigned for privatisations, IPOs and listed options.
I don’t think that’s the case.
Companies pay a per investor per year fee to Crowdcube Nominees to look after voting, restructuring, keeping up-to-date investor info, and presumably exits. E.g on the multiple exits I’ve had via Crowdcube nominees (cash acquisitions) Crowdcube nominees have not charged any fee.
Recently (past 12 months) their terms have changed and any new investments made since the change are charged a % successful exit fee, but it does not apply retrospectively to previous investments before term changes. I imagine Crowdcube nominees will facilitate whatever is required for free when Monzo IPO.
Interesting, didn’t realise that was a new development
I just had a look for the success fee info and found it here: https://help.crowdcube.com/hc/en-us/articles/360001527460-What-are-the-fees-for-investing-on-the-platform-
It looks like it’s 5% of the profit on any investment made after 1st April 2021.
5% is huge!!!
5%!
Also, this infers they are actually selling your shares and giving you cash. Obviously that’s how it works in a buyout but is that what they also do in IPOs? Be a shame not to be able to hold on to some of the stock
5% wouldn’t apply here though?
You infer, the statement implies.
(With apologies for being an awful pedant.)
As for the IPO question, my previous post in this topic has a link to what happened in the only Crowdcube IPO I could find (all other exits were buyouts).
So I assume in that case (if the investment was made after April 2021) then it would take 5% compared to the Ipo price
Hi Brandon,
Do you have any more news for us 