3 ms·
> “I’m very disappointed as the funding literature indicated high growth plans,” says a Crowdcube backer who wishes to remain anonymous I'm not surprised they
by m0nty 8y ago
> “I’m very disappointed as the funding literature indicated high growth plans,” says a Crowdcube backer who wishes to remain anonymous
I'm not surprised they want to remain anonymous if they failed to perceive a downside in investing in a new product. What would you exepct - "our plans for growth are unambitious and we expect only mediocre performance in the market"?
- deleted 8y ago[deleted]
- jVinc 8y agoHonestly I would too be disappointed if a company planning high growth goes out and says "whoops we lost a backer, now we're selling" It definitely makes it seem like the company is knowingly misledning investors in an attempt to pull in funding for an urealisabel plan. If you're at the verge of having to sell the entire company at a loss, the least you can do is try to restructure, reduce costs and plan for moderate growth which doesn't depend on you pulling in huge amounts of funding.