The mystery collapse we mentioned earlier can now be revealed as Sugru.
So there we have it - Crowdcube investors put in £6m and will lose 90% of it. Another great success for the platform - by far its largest disaster yet.
We predicted this as soon as we saw that Sugru couldnt get close to their projections from 2015 - we warned investors in 2017 that this would go pop. Read about it here
Sugru always made bold promises but never delivered. A bank financing deal recently collapsed,...
This is a premium article. You need to be an ECF.BUZZ member to read the full thing. Join now for only £3 per month!
Thursday May 17, 2018
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.