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To me this seems like an opportunity to skip the waiting line of 30,000 people for a payment of £10. In terms of the investment opportunity, it seems that - lik
by gregdoesit 11y ago
To me this seems like an opportunity to skip the waiting line of 30,000 people for a payment of £10. In terms of the investment opportunity, it seems that - like most of CrowdCube investments - it is hard to tell if and how this could turn into anything profitable:
>We estimate we’ll raise another £10m to launch as a bank in Q4 2016, although this may vary,
and further capital raises will be necessary as the bank expands its balance sheet
E.g. in further investment rounds could the crowd investors be able to sell of their shares? Do we even get shares for this investment? I will probably invest, and probably a small amount, to understand more on how this crowd funding really works (and to see if I can get a return in the next 10 years).