Hopefully they do go on to be worth more. That is my wish. However others may not believe or may just need the cash. If so, I’m happy to buy.
Monzo is about to become a unicorn 
in a matter of months. (Source: check back in a matter of months).
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Me too!
This would put share price at £8-ish. So the person who bought at £4 today will see a 100% return in a matter of months.
Smooth 
Hilarious!
FYI, you’re not aloud to sell shares unless it’s under certain circumstances outlined here:
Anyone feel free to correct me if this has been interpreted wrong or is outdated 
.
Bring on the unicorn 
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Thanks Jack. Ive read the entirety of this thread and multiple people have bought and sold. It is possible.
But Jack is right. At the moment ‘special circumstances’ need to be claimed.
Maybe. I’d suggest the process is ‘agree price’, ‘ask monzo permission’, ‘if yes, pay and sort with crowdcube’.
No worries if no one wants to sell. Not here for a quick buck. Here in invest in long term future of something I beleive in. Just thought i’d offer the option to those that may want to give the process a try.
Hopefully for all of us the share price soars. But just wondering what are you basing the £8 a share on? They are nowhere near a profit plus the average balance per account is £150
Additionally, London has the lowest rate of start-up survival rate in the UK.
I’m cashing out as now I am just playing with house money and needed the cash for exams.
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I’d suggest anyone who is thinking about selling take a look at the live Q&A Tom has just completed.
New customers are now not costing them money and they’re looking to surpass Metro bank (which has a market cap of £3B) in terms of numbers of customers in early 2019.
Now, nothing in this life is certain, and everyone should do their own research etc, but I’m not a seller at £8…!
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Hi all,
Willing to buy shares - price is negotiable. Message me.
Thanks
How much would you expect people to keep in their current account?
I went to my local Lloyds branch once and the lady behind the counter told me I had too much money in my current account. Thought it was a bit rude to be honest.
It was a few thousand.
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Hmmm…that’s slightly strange, but I dont understand why anyone would regularly hold an average balance after bills above a few hundred. There are way better places to keep large amounts.
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If people were using Monzo as their main account, I’d expect something like this
Wow - £1300! That is very conservative, in my view. Could be driven by people having to hold minimums on packaged accounts? Whenever I have average balances that high, I do something with them quickly, but I do have a very high appetite for risk…
Possibly, but don’t forget that the average UK weekly salary is c£540
Exactly. Why would you keep two weeks’ wages in your bank account (assume after bills and cash needs)?
Out of curiosity, where do you put your savings?
In a place where you can access them quickly? Or somewhere like an investment account which can take a few more days to access.
With the low interest rates on general savings accounts, there isn’t a huge advantage to moving the money at the moment.
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