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Asset 1005


Either Equity Crowdfunding is Crazy or the world has gone mad.

Peanut Chutney is currently well into its £100k Seedrs campaign. It has valued itself at £950k (PM) on the basis that it has not filed accounts yet and has sold around 800 jars at £3.50. It is 'listed' in a few shops.

We have little the doubt the product is fantastic - who doesnt love a hot spicy peanut sauce and it has a great back story. But it's made 'at home' and has not been scaled. For investors to see a 10X return the business needs to be valued at £9.5m (excluding tax reliefs). So how can it now be valued at £950k?

We talk about overtrading a lot on here. Small companies trying to grow...

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Friday January 25, 2019

Hardman and Co’s Brian Moretta in conversation with ECF Buzz Founder Rob Murray Brown on start up investing, equity crowdfunding and what’s a good read.