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Asset 1005


The jury is no longer out. The verdict is in. Valuations on start ups need a thorough review.

A recent email string with a company about to launch a £1m+ equity crowdfunding round has revealed the real issue - these guys hadnt a clue how to value their company.

This was embarrassing. A CEO of an newish company operating in the retail sector had valued the company for an Equity Crowdfunding round at over £5m. To date it had delivered nothing but losses and had failed to get even close to its business plan first published in 2018. Sure Covid had been a major factor but not before March 2020 - it didnt exist before that. 2018 and 2019 accounts were...

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Wednesday January 12, 2022

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.