If you have some from different rounds you only have to sell them from one or some rounds not all
Maybe they have their wires crossed, Iām guessing you got that info from crowdcube?
Just to clarify Crowdcube said you had to sell all, not just a block? So how many shares do you have in total, if itās not rude to ask.
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Sorry I wasnāt clear, that chat was with
Monzo.
Iām guessing that crowdcube say different as quite a few people in here have suggested that you can sell a block.
I have around 2000 shares.
I see, have you asked Crowdcube yet if you can sell a block?
I interpret that as you may have 2 intestments and can sell them individually but cannot break them down further to sell.
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Iām sure Monzo would be fascinated to knowā¦whats the most people would currently pay for a share?
Until I get a steer from Monzo on what they think they are valued at (e.g. next fund round) i personally couldnāt go above Ā£3 a share, I know some future value is often priced in but last round was Ā£2.36, is it really worth Ā£4+ now? I just donāt know.
Not yet, going to get in contact this weekend!
Thatās what Iām hoping!
The bottom line on any future value is what some one is willing to pay. The venture capitalists are mainly interested in the product and in particular the number of customers.
Monzo is unlikely to be paying a dividend anytime soon so the real question is do you think more people can be persuaded sign up. This then creates interests for other investors and demand equals higher price. A slight worry is how fast the traditional banks can morph into app banking and B is an example.
I would not invest any more than I could afford to lose. I remain to be convinced that there is anything more here than a game of pass the parcel and donāt be left holding the dummy when the music stops.
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Is anyone able to clear this up for me? I was under the impression that the shares would have been worth more after the 71m was invested and at that stage everyone paid ~Ā£2.30 a share.
Surely once that round was closed the share price would be higher? Sorry if itās a stupid question!
The only true value of Monzo is the number of customers. If the Ā£71m creates more then the āvalueā can be said to have gone up. It should be pointed out that there were 450,000 signed up customers and despite some time to be able to do so they havenāt flocked to convert to CA. There is also charging for excessive foreign ATM use so on one hand less expense but on the other less appeal.
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Did you manage to sell these?
Still waiting to hear from Crowdcube to confirm that Monzo will allow me to sell!
Blimey, dragging their feet! New funding round will be out at this rate 
I know right! Hopefully should hear from them early next week 
Hi Michael, did you hear back from them 
I suspect they are busy prepping for the Ā£10 - Ā£30M crowdfunding campaign.
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