I find this astounding having read the rest of your post.
Thank you Fabianvikto your post is the most sensible on here.
Unfortunately we have people like “revels”and others who seems to be monitoring these boards so they can immediately jump to Monzo’s defense and put down decent posts like yours.
You’re becoming a bit of a bully
If people want to post complete rubbish then they are going to get called out on it.
That is not being a bully. I didn’t call him any mean names nor did I go line by line and ridicule his post. I’m not sure you understand what the word bully means.
You’ve been harassing people for nearly 5 years about their investor status.
Why are certain people so desperate to sell their shares?
I don’t understand a huge amount about investments, but with my limited knowledge, it doesn’t sound like a sensible thing to do.
I’m not trying to deflect at all. If I went and quoted every part of that post that was wrong, you’d all moan I was bullying him. Because he’s said what you want to hear you think it’s gospel.
Ah… Another thread descending into chaos…
Shall we all just calm* down a little.
@jo * I’m using “calm” in the traditional sense, not the young person meaning.
They’re not. The basis of this part of the thread is that crowdfunding investors essentially, from being told things by news sources, believe that the offer given to Monzo staff to buy their shares back is substantially better than anything offered to others.
Which (the practice) is completely normal, very unlikely for the deal offer to be made public, and also very unlikely for this to be extended to crowdfunders.
How anyone who invested even one share cannot accept the reality of this is interesting.
I think this thread will run its course eventually but I can see it become circular ad-hominem attacks.
Edited for typos and grammatical
I think that’s the issue through. The tone of posts, from both sides, hasn’t really been that.
“I wonder if this will extend to non Monzo staff?” And “could you advise me on the professional stance here” is very different to the tone.
Since pigs will fly sooner than anyone from Monzo coming on here and saying they got £xx per share more or less than a public investor, I do think it’s fine to vent but also accept that it won’t really change anything.
That’s the problem. Tone only exists if the reader chooses to interpret a tone.
It’s best to avoid adding anything beyond the meaning of the words themselves.
Also, some people are just naturally direct with their thoughts. I’m one of those, and some others on this thread are clearly the same. It doesn’t make it an attack, and I don’t see any “bullying”.
All is good, simply disagree and move on.
Which is fine but even without tone that wasn’t what was happening, in my humble opinion.
But that’s the problem with the internet, it’s really hard to read what people might want to infer with tone.
I can see that others might read things differently, I also hope this thread can pivot back to respectful conversations around share prices and IPO speculation.
Which brings me to…
Given the turbulent state of IPOs currently and moments such as THG Ingenuity is it likely they still would IPO at all and not just remain private backed?
Note. The Above is a statement of thought not a confirmed definite. I might, and probably will, be wrong.
I doubt the VCs will want to hold on forever tbh. They’ll be keen for an exit too, they have other things they want to invest in.
I’m sure they will but look at THG. Deal struck with a select few investors, leaving a good number out in the cold.
So it’s not impossible.
Hello everyone.
Over the weekend I received a large number of flags and DMs regarding this discussion.
If you’ve DM’d me you’ll receive a response today.
We have a Code of Conduct we all agree to adhere by being part of the Community. We need to stick to it. Opposing opinions are allowed but we can argue them without breaching these guidelines.
There was nothing wrong in his post but if you think there is then just argue against it based on facts. Nobody will think you are a bully arguing with facts.
A secondary share sale to other investors is of course possible and the current round could be extended to those other shareholders with the same conditions.
Nobody is crucifying Monzo in case they don´t do it but it doesn´t hurt to ask either, right?
Why are you so upset about the fact that people would like to see the possibility of selling their shares after having waited for 9 years ?
I am curious to know what price they got per share? I wonder if it was the £14.41 price or a little higher? Also is the increase from £4.1 to £4.5 due to growth or more injection of funds?
It feels like it’s due to the new funds, they recently raised $500mn in cash, so you’d expect the valuation to be the old valuation + that cash at a minimum, and that’s what it roughly corresponds to.
I thought the £500 was accounted for in the £4.1 valuation? Interesting times.
I’m vaguely sure that was a pre-money valuation. Monzo did post something about it at the time about it being pre-money, I think, although could be remembering an earlier round
So according to some Reddit posts, £15.10, of course I can in no way confirm the source for this but hey, why not