Friday, 3 July 2015
Yet another Crowdcube pitch misses its projections
Little Brew raised money on Crowdcube in 2013. Micro accounts just out for YE August 2014, show virtually zero activity - tiny bit of cash, no creditors and no debtors. Not exactly the picture painted by the projections for this year.
The pitch plan aimed to be sold out with a 7X ROI by year 5. We think this is unlikely! Nothing wrong with setting up and running a micro brewery to earn yourself a living - its just not an investment opportunity. Unless of course you run it out on Crowdcube, when its all singing and dancing projections make it the next Brewdog.