Escape the City raised money on Crowdcube in 2012 and has been very well featured on the platform as one of its stars.
4 years on, the company predicted an exit in 2016 or 2017. Oddly the amount raised as promoted by Crowdcube was £600k but there is only around £450k in the accounts. Still for Crowdcube that is accurate.
For the first time in its existence, Escape the City has reported a profit. £9,400, which if you split it between the 400 CC investors will give them a return on a par with the other 3 CC exits.
Oh come off it - we said we would look for good news and this is the best we could find!