Friday, 24 March 2017

How stupid can Altfi journalists be?

This article came out recently on Altfi about the move by Revolut from Crowdcube to Seedrs for their next round of funding.

It's amusing for once to see Luke Lang caught with both feet firmly in his large mouth. But the journalist, who is either an idiot or just plain lazy, fails to notice the glaringly obvious 'fake fact' is Lukes comments below -  

From the article -  

''Crowdcube co-founder Luke Lang said that he was "very surprised and disappointed" at Revolut's decision, given Crowdcube's "proven track record of funding VC-backed businesses". He also noted that some firms have gone the other way, switching from Seedrs to Crowdcube. POD Point – which recently raised £1.5m as part of a larger £9m round, led by Draper Esprit  is one such example.''

Anyone who has any knowledge of ECF and its 6 year history, knows that Draper Esprit are now major backers of Crowdcube. Do you think this might explain this particular switch? 

1 comment:

  1. Sorry about that Rob, and thanks for flagging. Shall bear in mind henceforth.

    All the best,