I have just under 4,000 shares! Last ‘official’ share price was something around £14, but i have no real idea what this would look like today.
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I spoke briefly with a financial planner i know who told me there is such thing as ‘Pre-IPO’ planning that can help with the tax, but i don’t know what this entails yet. It’s also quite complicated as Crowdcube are the nominee, so I also don’t know how this might impact any planning i can do.
In summary… I have lots of ‘i dont knows’ so would like the IR team to shed some light on this
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$12/share would be daylight robbery! I also presume you’ve read the wiki on Share sales… it’s mostly a no go!
Although, Crowdcube are developing a secondary market (Cubex - i think is the name) so it may be possible at some point in the future to sell via Cubex without involving Monzo at all
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Another question here might be “When would Monzo do an IPO or acquisition?”
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Ah I didn’t use crowdcrube for my shares, so I presume selling them wouldn’t be too much of a faff other than the tax!
$12 / sh is low, but immediate liquidity is nice, I agree it’s probably worth more in “imaginary money” but to be able to sell it right away they could buy at a discount
Out of interest - Where did you buy them?? I wasn’t aware they had done any other fundraising apart from via Crowdcube and VCs?
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Exactly!! Some sort of update, any update would be appreciated!
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oh, mine are given to me because I worked there lol
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Like anything it’s really just the value people will pay for the shares. As Monzo shares are not currently for sale there’s really no current meaningful valuation figure. Until they either float or raise again there won’t be.
You’ll usually need board approval to transfer the owner of shares before a company has been listed.
There may be a workaround whereby you still own the shares on paper but there’s a separate contract that entitles the other party to the value of the shares. Solicitor advice is highly recommended before engaging in any such contract.
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I remember you lol 
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