Forbes believes that Monzo will be a unicorn in 2019. Could we work out the value of the share if they indeed become a unicorn in the next few months?
My finger in the air guess, based on expected valuation etc is about £10 a share.
FT reporting a new funding round that would value Monzo at $1.5bn
Yes this is about right, 100m shares in issue, say pre-money valuation of £1bn. 10x return from the early 2017 Crowdcube round. I wouldn’t be surprised if the valuation ends up being a little higher.
I’m sure that I saw a post from Tom(?) a year or so ago that set out what the share prices might be at some potential future valuations… Despite my best searching I can’t find it - ring any bells @alexs?
I don’t remember seeing a post from Tom on that but you might be able to do that calculation with this -
You mean this one I think…
That’ll be the one!
Interesting that the valuation might be potentially more conservative than the £3bn mentioned. But I suppose we’re not yet at a million users - nor are we at profit either!
I bought £1k of shares in the March 2017 funding round and then £350 in November 2017.
Anyone got any ideas how much it is now worth? I am thinking between £10k-£13k
What price did you pay per share? I think you’d probably be looking anywhere from £7-£10/share currently.
But realistically, the shares are only worth what people are willing to pay for them.
Are you looking to sell?
You’ve got what, about 1150 shares? So could be about £10k, but will have to wait and see.
Monzo seem quiet regarding the news?
I think that’s intended for employees, so might give misleading results for crowdfunders?
I didn’t think you could?
You can if you can find your own buyer, and you have to sell all the shares from a given raise. The price is to be agreed between you, and you have to get Crowdcube to manage it.
And you’ve got to ask Monzo’s permission, I think. Anecdotally it’s never been refused, but there’s always the first time…
I think it’s CC’s permission…
Are you looking to buy?
Maybe. Yes. Send me a message.