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 Ā£10 a share.
FT reporting a new funding round that would value Monzo at $1.5bn
https://www.ft.com/content/ef54082c-a16a-11e8-85da-eeb7a9ce36e4
Yes this is about right, 100m shares in issue, say pre-money valuation of Ā£1bn. 10x return from the early 2017 Crowdcube round. I wouldnāt be surprised if the valuation ends up being a little higher.
Iām 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 valuationsā¦ Despite my best searching I canāt find it - ring any bells @alexs?
I donāt remember seeing a post from Tom on that but you might be able to do that calculation with this -
You mean this one I thinkā¦
Thatāll be the one!
Interesting that the valuation might be potentially more conservative than the Ā£3bn mentioned. But I suppose weāre not yet at a million users - nor are we at profit either!
Hi guys,
I bought Ā£1k of shares in the March 2017 funding round and then Ā£350 in November 2017.
Anyone got any ideas how much it is now worth? I am thinking between Ā£10k-Ā£13k
Thanks,
What price did you pay per share? I think youād probably be looking anywhere from Ā£7-Ā£10/share currently.
But realistically, the shares are only worth what people are willing to pay for them.
Are you looking to sell?
Youāve got what, about 1150 shares? So could be about Ā£10k, but will have to wait and see.
Monzo seem quiet regarding the news?
StephenJames: I guess https://options.monzo.com
I think thatās intended for employees, so might give misleading results for crowdfunders?
I didnāt 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 youāve got to ask Monzoās permission, I think. Anecdotally itās never been refused, but thereās always the first timeā¦
I think itās CCās permissionā¦
Are you looking to buy?
Maybe. Yes. Send me a message.