There is a tiny whisper, almost inaudible, that one of the major ECF platforms has eyes for another one.
Seedrs are about to embark on a new funding round and rumour has it it will be a big one. Big enough to take down Crowdcube. So they say.
Well we dont need both and of the two, Seedrs is the more sensible option - it's not flawless but it is better. Far fewer disasters than Crowdcube, less scandal than Crowdcube; generally a better bet all round.
Here's how you can help. If this is a result you would like to see and god knows we all want Crowdcube to fold, then start voting with your feet. Invest in Seedrs pitches or one of the other platforms, but avoid Crowdcube. Without the ultra loyal shareholder investors I think CC would already be struggling. Cut their supply of investors and it's over. Quite apart from the obvious logic of avoiding the Crowdcube model with all its flaws, you might even make some money. It's in your gift.
Two of Seedrs senior management team started following us today, so welcome. Better late than never.
We still think your model has issues and the whole sector has been set up on flawed ideas, but this outcome would go partway to getting things right.