Tuesday, 15 May 2018

Some cheering good news - Pip&Nut raises a new £1m in equity finance and is going places



Hats off to Pippa Murray, founder of Pip&Nut, which funded on Crowdcube in 2014. She has come a long way since.


So it's not all bad. Unfortunately Pip and Nut only raised £120k on Crowdcube and have raised a lot more since. But their products are to be found in 5000+ stores and the future is bright. Crowdcube investors are sitting on a golden egg, even if it is a little quail like.

A strong ethos, well tested product and strong leadership have led to this success. We had them marked up for this success after a patchy start. Here


6 comments:

  1. Not one that I invested in but my wife started buying it recently. Expensive, but the best peanut butter I have tried. She's done well

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  2. Hi Rob, quick question from a total newbie. How do I find the latest share price for a company from the Companies House website? For example, Clippings has had two raises since the CC 2015 round, but I have no idea what the current valuation and share price is. Many thanks

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    1. Your shares are worthless until a willing buyer makes you an irrevocable offer for them. Multiplying the last round price by the number of share outstanding gives you a completely meaningless valuation (even more so if there is a waterfall with different classes of share). Jf

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    2. Anonymous, simply put the share price is whatever the next buyer of the shares is prepared to pay. The shares you are talking about are shares in Private companies - there isn't really a market for those shares (as there is for public companies via a stock exchange). Possibly the company you mention has agreed a share price with the Inland Revenue in order to value employee rewards. But actually it's pretty meaningless until that price is tested via a float or other exit.

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  3. Ask the company - too difficult to explain how to work out.

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