There is obviously a huge appetite to invest in Monzo for those that feel affinity with the brand.
I, personally, wouldn’t invest in Monzo in the upcoming round (except to top-up and maintain my current position), assuming a share price of £8-10.
From an investment perspective, curious to hear what people’s perspective on the opportunity is (assuming the valuations above)? Would you invest for the first time now? Do you have a plan in mind for your shares?
I probably won’t sell my shares any time soon. I think they still have room but would like to see Monzo get to profitability in the next 3 years and see some of the market partnerships they’re talking about materialise. (This is assuming similar market conditions). Otherwise, I’ll start to get itchy feet.
Keen to hear other people’s perspective, whether shareholders or not.