Did you max out on shares in each round?
Out of interest… I’ve invested in 5-10ish companies via crowdfunding, what else is everyone invested in? if any?
Yep, lucky enough to have maxed out each round so have 3637 shares (*I think!).
I’ve invested in 75+ private companies since 2015. I’ve had a positive exit so far on maybe 3-4 companies (returns from 1.5x - 4x). Probably got another 20 companies that are practically dead and another 20 who have definitely died!
Monzo and SpaceX are my two notable winners but no exit on either yet so unclear what returns will look like. Have another handful of companies where progress is tangibly very promising but are still 3-5 years from an exit so, again, who knows what the outcome will be.
I suspect when all is said and done, I will be fortunate to see total returns similar to public equity markets over that time frame. But it’s been quite fun and I’ve enjoyed the process!
Nice. How did you get access to SpaceX investment?
If you want to hold on to a small portion for the long term, might be better to sell that portion at the time of the IPO and straight away purchase it within your stocks and shares ISA so that future gains are tax free.
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Good point!
Through a syndicate on AngelList 
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Wow! All individual or do you invest via S/EIS funds? Always been tempted by them but never pulled the trigger. My ideal is an ETF-style private markets investment spread across a few different asset classes, one of which would be EIS funds. I know a couple of companies are working on similar(ish) but not sure how feasible it is to make from a reporting/regulatory perspective
I’ve got 8 private company investments - 1 is alive but unlikely to return my original investment, 1 is monzo which is obviously doing well and the others are all performing very well (for the moment) but will be years before they exit
100% - Very much the plan. Going to gift my wife half my shares too
All individual investments with about 35-40% in S/EIS investments. Ultimately I was pretty scattergun about it - your selectivity is clearly the way forward!
Yeah, I think it’s been a huge challenge to develop a simple, retail-focused private markets solution. That would be ideal but then I also wonder how differentiated the returns would actually be.
Hoping for IPO soon, I need the p’s!
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What would the benefits be? As you’d have to pay the capital gains tax on exit, at a point where there capital gains relief is at historic lows - which might change next government.
Thoughts? My gut tells me this will only be for employees to sell sadly. Crowdcube are stepping up their secondaries with some companies moving to having an annual selling window..I’d like to see Monzo follow suit as I’m now sitting on quite a hefty amount of shares
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Of course it will only be for employees, Monzo seems to forget not all who support Monzo clock in 9-5 at Monzo HQ.
I want to be wrong, I’m more than happy for Monzo to prove me wrong.