I agree with all the reviews below. The favorable ones I am suspicious of. I've so much lost #15,000 from this company. I spent in 17 firms in 2014 and 2015 about # 29,000 in total and so far 8 have failed and I've had no recurrence other than minor interest payments on one of those bonds. Another" bond" was liquidated. 8 companies have gone into liquidation. In total I have lost #15. 000 which includes about #9,000 returned as tax. By inviting these investments in businesses which soon fail the government is currently decreasing tax income. But I am helpless as I signed my money away and now I am told by crowdcube I. I simply can not believe that money was spent by me. But I was sucked in by the press hype and a review in a few of the chief quality papers. But I had been a fool to think I understood the financial markets. I thought that these firms had been assessed as viable but they have not been. I had been promised 8 percent interest rates . But Square pie Bonds have disappeared costing me 2500. I was excited by the possibility of 500% returns because isa interest rates were very low guaranteed ; secondly I could reclaim. I was working then but I'm not now since being made redundant and with health issues and I regret investing. I even felt I was being a moral person and a fantastic samaritan by investing in little companies British businesses that needed a little help and also give a great return to me. Clearly I am really naive financially and it would have a bank loan like any successful business, if it was a viable firm. Sadly it appears these businesses were aware that they might simply go into liquidation if they failed, exploiting ordinary time that is small functioning investors. Its a pyramid scheme. I have a few Investments that have not neglected but they were already in operation. Don't let this fool you as the ones that were working as cafes and selling goods in shops can enter liquidation it seems. The site also entices folks in using freebies i. e. products that the firms create e. g. a free umbrella free sauces and gloves etc.. The company directors email you with updates that seems really positive and promising and suddenly Decline and allow you to know there's a big problem with funding but they are doing the best to turn things around and make the business succeed etc etc.. I was operating at the time but had to borrow money to spend because I had been excited by the possibility of the Returns promised a 500% return on average from such start-up companies. If the Dragons was there to pick these positive forecasts apart! I decided to distribute my Investments to be safer as advocated by crowdcube. So ten or 12 companies. I invested expounds in bonds that I thought were returnable because they are bonds directly? Wrong. Among them is still in operation but the pie Bond of 2500 has has evaporated. The Pie Company was working when I spent and it's still operating and sells in stores like Waitrose. However they contributed their investors no return and have rebranded with a slight change to the name. There are clearly loopholes in the law that allow this to happen. I received a letter by a liquidation company about filmore and Union a chain of coffee shops that are invested #2,000 in. They seem to be expanding with outlets in John Lewis they have sold nine shops do the coffee Smith company. I don't think I will see any return because this is how the businesses operate I'm very disappointed since Union and filmore seemed to be an ethical cafe. I have contacted crowdcube concerning the multiple failures but they answer stating that number are still in operation and I spent at my own risk. Crowdcube don't appear to know when firms become liquidation unless I tell them. The liquidated companies offer various explanations like the markets the dollar to pound rate has changed, so we needed to shut, a person died or the landlord has reclaimed the premises. In my view these firms had little intention and so were winging it. It is a Dragons Den with no Dragons. I feel that firms are currently taking advantage of investors for loans that are free and crowdcube is facilitating this. I have felt for a few years now this should be researched from the Financial Times or some sort of regulator but when you register your money away the smallprint says you you are investing at your own risk etc and that is what crowdcube send back to you each time you contact them. Yeah crowdcube claim most have succeeded. Well 50% of the ones in have failed those who have 16, I invested were in operation for certain. The companies are promising Returns but there is no chance of me getting a gain now on account of this losses I've had and that I really don't know when or if it is going to happen. All the businesses seem to project a 5 year time frame for floating the company and providing investors don't think this a return. I would have been keeping my cash in an ISA at least it would have been accessible it is currently locked up. I have been having finds every couple of months of a business failing after 5 decades instead of succeeding, this year. If you're investing in crowdcube companies you would better know the marketplace and not be concerned about losing your investment Obviously if I really do have some positive Returns I'll be sure to post it post a positive overview of crowdcube;)
What follows our narrative of a not so nice experience with this'community' crowdfunding platform. We chose to go with Crowdcube for our financing since it seemed like a website, although it was often rather vague about what it had or provided to make a success of things. We originally submitted our effort for review, and faced a long winded time period going back and forth with our Rep (Rep 1) and due diligence department so as to get our campaign sorted and live. We all dropped our key'large' lead investor. We also, due to needing to correct our raise to Crowdcube's needs in terms of the company using a strategy, warned Rep 1 which we were unlikely to reach 20 percent to go public, and adjusted our budget reach. These concerns have been brushed under the rug, and we had been provided support in the long run. Following a month of pursuing Crowdcube we'd had enough, and really reviewed it on here. Suddenly, there was a push for us all live. The due diligence section had adjusted the errors they had pointed out, so we had a final hump to get over by discussing back their notes together. And eventually we were live. Evidently, during that month, gas had been lost by lots of our campaigning. Telling prospective investors we had been about to go live based on the mails, made for quite a lackluster finale of Rep 1. Plus it revealed - for what was the first month, our campaign struggled a long. And we offered a few more benefits, and have an extension, and gained more motion. Around this time, because we neared the point, it became obvious to us that the threshold stage required by Crowdcube was going to become an challenge. At this time we asked for Rep 1's service (which was previously offered), and received a fairly rude email saying if we couldn't figure out how to receive our very own investors supporting it, then he thought he'd manage to get anybody else. At this point we turned to a different team member (Rep 2). Rep 2 was senior in the company than Rep 1 (that we'd learnt had only been in Crowdcube for a month before our effort ). Rep 2 provided aid, but it was a brief burst. As they afterwards left the company in the end of the week. Next, we were handed back to Rep 1. With said help we figure out how to push farther, we have to our goal that was 20%. But were adhered missing just to go public to Crowdcube's community. We gave it with no progress, returned for help/advice into Rep 1. We were fobbed off back, told he had been too busy. And got a call from another team member (Rep 3). Rep 3, on the call, had no idea who we were or what we'd done. We talked her through the circumstance, and how our increase had postponed. The conversation finally veered towards what Crowdcube does and doesn't allow - for example company's closing raise with less than 100% the way in which they have had premature shareholders cancel their trades, or getting their money. We made a suggestion - put in a investment we would cancel if we surpassed 100%. She said she'd email, and wasn't positive if it would work. Said email said if any of our group members managed to cancel an investment after, then we wouldn't be let to close the investment if we did surpass 100%. That was it. We emailed Rep 1 one final time a week until we closed, and one day before. To no reply. We just got blanked. This company likes to mimic itself like Indiegogo Kickstarter and Seederz. Nonetheless, it isn't anything like them. It's neither upfront about how it works, why it deserves a commission, and isn't very friendly to use. The experience has been very negative, and we had been often made to feel as if Crowdcube simply did not have enough time for a small company since they were busy running around caring for the commissions. Ultimately it is a service, by being the only body from the UK rendered effective just. Oh, and a note to anyone reading this - Rep 2 pointed out a vital component which Rep 1 failed to mention, that could have made it clear for us from the start that we would haven't succeeded here: you need tens of thousands of lead-in investors to find the couple that place the money in. We had tens of thousands. But I suppose during that 1 month of due diligence, even when we dropped our investor, Rep 1 was too busy to speak during targets, our raise and our sources. Had we known it was an issue, we would have corrected our aim or postponed our increase. However, with Crowdcube's lack of detail, and dismissive nature, we have lost in the noise.
Notwithstanding that I have achieved around a 4x ROI in a healthtech startup invested in via Crowdcube, for other campaigns I've spent in, I have felt that Crowdcube's due diligence is significantly lacking and that the company doesn't have my best interest at heart as an investor. I have seen significant and relevant comments on campaigns have been removed by moderators (not sure if that is an attempt to keep campaigns'blank' and introduced in a certain light, in turn concealing the real reality of the business or potential investor sentiment). Replies and questions is absolutely essential for me within my due diligence procedure for investments, and I don't feel that Crowdcube's discussion forums can be reliable as they seem to be censored. I see no issues with different programs that I use. Through the years, I've observed Crowdcube accept campaigns without revealing important information (such as supervisors of somewhat questionable backgrounds and neglected historical campaigns or devaluations) and with sky high promises and valuations unseen on more respected and professional platforms I use. I am fully cognisant of the risks involved in this asset category, but I personally do not feel skill, care and diligence has been taken by senior management at Crowdcube to ensure its affairs are conducted properly, prudently, and with investors' best interest at heart; I can see this mirrored in how investments are handled (if at all) and feel that perhaps the company is unduly incentivised to market campaigns based on hype and PR to brag about numbers, as opposed to function as a sustainable and serious investment business that is wholly forthcoming. Bearing this in mind, I feel that companies are catered well, but as an investor. All one must do is check a few blogs on the internet about equity crowdfunding normally (one was referenced by the FCA formerly ) and you'll find a litany of failure to provide a good service on the section of Crowdcube in particular, that has also been the reflection of my experience as an investor through recent years. I now currently avoid Crowdcube for these reasons, but because money talks, the odd opportunity here I might have at least a glance at (whilst keeping all the ideas of this review strongly front of mind).
Having been investing in Crowdcube for many years and although the company has answering any queries and good to manage in relation to a investment process I am really disappointed with the way the company has recently been behaving. First of all due diligence was not carried out on one of the historic businesses which increased funds. From my perception, its due diligence process has improved but acknowledging that the procedures were not adequate does not help all the investors that lost their cash. Having become a long-term investor in Monzo along with thousands of numerous Monzo investors, I was recently told that our nominee terms will be shifting. The way that was thrown to Monzo shareholders was by trying to emphasize but it failed to highlight changes that would be viewed as negative. Key term changes comprise: 1. Crowdcube would be able to make key decisions about shareholders' benefit . It would not be responsible for any losses for the decisions it made on behalf of Monzo investors 3. Additional charges/fees can charge Monzo shareholders. This is out of order and it is clear with the recent financing Crowdcube has obtained it's trying to discover ways of trying to improve its income. I'll be putting in a complaint with the FCA and urge they look into the activities of Crowdcube.
It's great to have a platform to invest in companies / start-ups, however there needs to be a degree of transparency on these organizations and also for Crowdcube to conduct better and more realistic due diligence. Whilst I appreciate that it is often hard to project revenues etc for all these businesses, much too often the figures indicated and the valuations related to those seem detached from reality and also make the valuations of league footballers seem almost practical. There would be better transparency by way of instance if every time a provider undertakes a second or third round, then the documentation from the earlier rounds should be easily available so that prospective investors can see what's been said before and consequently hold the company raising financing to much increased liability. All in all I treat the platform for a bit of pleasure to invest in smallish companies, of which one or two may be successful, who knows there might be a couple of unicorns lurking in there. I would invest amounts from the platform without considerable amounts of additional info and far more due diligence since you won't get this instantly from Crowdcube. I guess to sum it up, It's good to an extent, but could be much better
Pity the poor saps encouraged by the candy floss and gush accompanying the Emoov crowdfund which was in JULY 2018 My PERSONAL EXPERIENCE with CROWDCUBE as a potential investor was asking quite a few pertinent questions using viwedEmoocpitchand received the documentation from Crowdcube quickly swooped in and eliminated them Just like they have got this review removed withTrustpilot Should Trustpilot complaince need to check out proof of experience I was subsequently barred from requesting anymore by Martin Mcarneyat Crowdcube complaince from asking anymore questions They enabled EMOOV to twist the story which suckered investors in finally losing all their money. Fast to herald the fact how sucessful the fund increase yet remove from discussion pertninent truth under the guise of"personal attacks" Chickens already coming home to roost Within nanoseconds of this finance increase Emoov were already in talks with a third party Foxtons despite saying they had been heading for an IPO Now already run out of cash SHAREHOLDERS IN CROWDCUBE LOST MONEY. You could not make up it Another race whose property details are woeful Crowdcube have a lot of questions
I've made a variety of investments through Crowdcube throughout the last five years. I understand start ups fail more frequently than not and'm an investor, but I am becoming increasingly frustrated by this company. There seems to be little investigation into the businesses raising capital. Along with the typical failures I've had a food business raise money simply to dismiss it starting a record label(!) And most recently a company increase nearly #2m only to fully fail on its guidance less than two months following the funding had been completed. Fraudulent, misleading investors or only incompetent management has not yet been established but in all instances Crowdcube wash their hands and walk away. The moral of this story? Anyone who thinks that these men are better than Indiegogo, Kickstarter or any of the other'crowdfunding' organisations are confused. Because they depict themselves as a platform for start doesn't seem to imply that they have. I doubt I will use them .
Terrible investing stage, as asking absolutely reasonable crucial questions of a provider that is recorded for investment, highly unsafe ends in a ban! If you can not ask effective questions that are critical its unsafe to invest. The business in question produced malicious attacks and flagged my post which results in removal'pending moderation' but even after childbirth it disappeared. Then unexplainably crowdcube received what they claim was'a large number of complaints from members of the platform', but why? And why should I be banned since there are platform trolls, business cheerleaders that dislike perhaps possibly or criticism company employees masquerading as customers. I find the platform unsafe rather than on investors' side but firmly on the side of companies seeking funds, the right balance is missing in my opinion. I'll avoid
Another casualty of Crowdcube here, I spent in Emoov and the firm went from 100m valuation to 0 in a matter of weeks. Crowdcube have not bothered assessing basic facts like the promise prior to beginning the fund increase that they raised millions. Additionally, the claim that Emoov and Urban and Tepilo united. Actually, Crowdcube withheld critical information from investors. They sent the fund increase to shut, then containing the'great news' that the evaluation was improved to the investors benefit. They must have understood news was coming but instead of cancelling the fund raise, they tried to pull a fast one. (most investors didn't realise two emails were shipped ) If you want to invest with Crowdcube, you should assume not only that no due diligence is going to be done, but also that they will hide crucial information from you.
I wanted to invest in a firm. I have received no update as to time of payment or next actions, since committing funds. The information provided about the firm I wanted to purchase was almost non-existent (as somebody who works in financial services, I am staggered that people think it's ok to request investors to invest money on the back of virtually no information to analyse about the entity increasing cash). To not miss any communicating about my investment, I have to remain subscribed to Crowdcube's mails, so am deluged to spend in daft companies almost every day. I'm trying hard to see the worthiness Crowdcube adds to any fundraising exercise. So question what the fee is for? Certainly Crowdcube should instead pay companies raising money for the enjoyment of getting their investors' details. I'd describe Crowdcube as pathetic.
Crowdcube is generally very simple to use as an investor. The pitches are easy to explore and the investment process itself is painless. However, as I discovered today, is a limitation on the amount of times that you can put money into a pitch. Regardless of the site and app both encouraging you to"invest again" at exactly the same pitch, if you do this over twice, your account will be suspended. This is mentioned in the FAQs, but not in which it matters, explained in the UI. I have no problem with the limitation and that I understand why it's needed, but it is crazy for the website and program to let (and really invite) us to spend more than twice in a pitch if that'll always instantly lead to suspension. The UI should communicate the limit, once you hit the limit and disable/remove the investment button.
I Enjoy Crowdcube.Actually I enjoy the notion of this industry that is crowdfunding. Bringing the general population instead of the usual investors investments is a fantastic innovation. My only problem with Crowdcube is that, unlike some other crowdfunding sites that use a nominee arrangement, there's still a gap between the average investors (like myself) and those who could afford to invest high enough to be given a distinct share type (i. e. where they've pre-emptive rights). I don't think this is fair. Crowdfunding needs to be democratic - and therefore ought to be a one-size fits all approach together with investors on the terms. This is why I have made investments on Crowdcube in contrast to crowdfunding sites with nominee structures that protect ALL investor's rights.
Makes early stage private equity investing available to the retail buyer that is ordinary and is among the 2 large crowdfunding platforms that I expect alongside Seedrs. Pros: some gems have crowdfunded in their platform (Monzo, Freetrade, Brewdog, etc) and they have an excellent mobile program so you are able to evaluate opportunities at your fingertips Cons: recently introduced a tiered entry fee for retail investors P. S. while I know the sentiment of a few of the horror tales, e. g. Emoov, crowdfunders themselves should be cognisant of just how insecure (quite ) this asset category is and do their own due diligence on companies they wish to invest in. Don't ignore the red flags and use the questionnaire to learn more prior to making your illiquid investment.
Something odd with this particular company / service. As a person pitching to them their explainations of why they won't enable you partake is sketchy, and there's absolutely not any way to contact them, when they reply it with a'[email protected]*****, no email addresses, no telephone line or direct contact is allowed, which should ring alarm bells, the week that I implemented another similar merchandise was in offer, mine was a far superior product by all individual testimonials, better made and with a greater value of back orders. The company they did enable fund was from the ash of a bankrupt company with the supervisors. 100's thousands were raised #'s by them, time will tell whether the money disappears into the ether and the other re-boot occurs down the line.
Money was raised by us on Crowdcube however the reality is massively and that they both overpromised underdelivered. All funds were, in reality, increased personally/privately earlier we'went live' and Crowdcube only really contributed c. 7 percent of the total raise. By sticking to their interval we had been then 4 weeks behind schedule and we also found their legal team questionable (the answer"because that's how we have always done it" Isn't a legitimate answer to a lawfully based question) Whilst some of the team there were genuine, the whole process was a huge, huge disappointed, and from numerous discussions with other people who have (successfully I may add) increased on the platform I am afraid to say our expertise doesn't seem to be unique.
Invested in a few companies & won't do this again due to how poorly the Crowdcube system is run especially on dual-platform increases (SeedInvest + Crowdcube). Updates from the firms are supplied on SeedInvest although maybe not channeled to Crowdcube (unless the startup is diligent about checking), therefore the only update you'll get after investment is whenever there's a corporate event that needs the investors' vote. Compared to SeedInvest, funds increased from Crowdcube is much smaller (read no influence or control) and even though there's a nominee structure, there is zero communicating or explanation from the nominee on the decisions were made the way they did on your behalf. Only reason I'm rating is suitable.
I have invested in many companies via Crowdcube including Crowdcube itself. Crowdcube works as a middle-man in that I wouldn't have enough opportunity to seek out. The negative is that most companies are communicative till they get financing and all of a sudden the line of communication stops. I'd love to see Crowdcube build in a responsibility for companies that are funded to, to investors at the least, send yearly reports, notice of AGMs etc. I requesting them whats happening and am eternally chasing my investments up. Some never even bother to reply. There are A few active in updating investors but seem to sail off into the sunset with my money, never to be heard from again.
In the sense that a disreputable second hand car dealer will do little to comprehend the vehicle, conceal any negative elements, inflate the value, where possible obfuscate. Therefore it is with Croudcube representation of the equity given. The past performance i. e. failure to departure or Zombie standing of so many of the companies which were brought to the Crowdcube is a recommendation that this platform isn't fit for purpose. The number indicates the due diligence is insufficient. Of the investment programs out there I believe Croudcube to be the least likely to bring businesses with prospects. If there were an alternative, I would have picked zero stars. Regards Hugh
The site is excellent and it is easy to use. My experience thus far (circa 2-3 years) is great. However traders need to be aware that a lot will go nowhere and a few will go bust. On locating the gem that is odd, obviously you are hoping/gambling. Also keep in mind the Business Articles which regulate the companies you are currently investing in may consist of clauses to con investors that are small and that I think Crowdcube must do more to alert prospective investors. Keep in mind the possibility the company valuations might be so large that you may never make any money from your investments if the companies are successful! There are lots of pitfalls!
When somebody is unable since they've spent many occasions to put money into a fund. Let them invest to lock their account? Seriously flawed idea. Either offer a message on display in place of this button which explains that or remove the limit. Quite iritating. Seedrs allows you to spend numerous occasions. Could be useful to have search . Be quite handy if you're able to export the information on investments to make it more easy to file a tax return. The website is okay and functions, and is reliable. I must be better to serve the consumers, but also to compete with an interface with capabilities. Thank you for a fantastic job so far.
Crowdcube.Very disappointed with this platform. I invested. 84 million pounds! Just to be told (last minute by email that terms had changed and company needed more funding to survive). Low and behold 5 weeks after business is in The # 1 and administration. 8 million has apparently gone to supervisors pockets! CC Don't give investors have lost almost # 2m in 5 weeks as long as they get their 7% of raise to a dam. There are a lot of zombie businesses on the platform. Totally shocking the way investors have been treated. I wouldn't invest in Crowdcube again should you gave me loose money. I will stick with Seedrs from now on!
I've been pleased with the way they run the stage, with yearly awards and pitch events engaged and are extremely receptive to questions. Some of these negative reviews here talk about returns, well, the phrase'Capital at Risk' means this is for spare money only and yes it could be gone once you hit invest forget about it (and if you can not and get frustrated, think again if you should really be doing so ). If you'd like a less risky options consider services like WiseAlpha (available corporate bonds using a clever invest option . 5%), a P2P platform (UK or EU) or an IFISA (which can be non fscs so still insecure as well as taxable!) .
My goto program for investments. Crowdcube makes it very easy for Joe Public to spend in both Startups & established businesses interested in getting a quick cash injection, possibly to receive a major new project off the ground or for advertising or for future growth etc.. Crowdcube keep you informed about the background of company which you are interested in, why they are financing & what they will use the cash for. You do not need to fret about how to perform anything as Crowdcube do it all for you! You are just one click away from being an of a new business anywhere in the world!
After four years on Crowdcube and investing in more than 30 businesses I have to say the experience has been unsatisfactory. I've discovered the communication exceptionally inferior both from Crowdcube and by the majority of businesses I've invested in through their website. Their due diligence seems weak compared next to other platforms and their"after care" that from my perspective is simply hoping to get answers regarding where money has gone is very hit and miss. I've friends who continue to use their site despite there being a few opportunities on offer, but I for one do not.
Investing in startups carries risks, this shouldn't be any shock, but when firms fail in 4 to 5 weeks of funding, then something is wrong with all the due diligence process - the fiscal situation of the startup is obviously not what was presented on the crowdcube.com stage, or the startup was dependent on some further investor which was misrepresented at the time of closure. Instead of hiring marketing I think CrowdCube ought to get more people onboard to improve the due diligence process, since I wouldn't want to assume that crowdcube.com helps companies to misrepresent their data.
I have spent some time taking a look at the crowdfunding space . I like the idea of the sharing market and wished to get a go to investing in stage companies that are smaller. I have invested before via Kickstarter and Indegogo at a few products, but was interested to see the gap. I was keen to begin a little equity portfolio. Investing in Crowdcube was simple and the business information presented. Cards are only accepted by them though and I needed to go through loads of measures first time round. But as a company this is ok. Looking forward to seeing more businesses added.
I love the product and the width of pitches and business opportunities. However monitoring investments, tax status, returns is very difficult to do and wau behind what seedrs offers. Not having a secondary market is a real shortcoming. I have a finite amount of funds and I have #750 left over to allocate to crowdfunding. I enjoy 2 businesses (one on seedrs and one on crowdcube) and couldn't decide based on business merits. I spent in the opportunity on seedrs as easierto monitor and that I have the opportunity to sell on secondary with relative ease. You want to up the game!
- I feel there isn't enough of a pipeline of deals - I don't understand why CC ventured into debt when others (FundingCircle for instance) have a substantial advantage. Stick with what you know and do. - Investor experience is essential. I think CC could be pressing the startups to issue share certificates and on HMRC to problem tax records. - More must be performed on the soft-skills of the entrepreneur. Where do they come from and exactly what business acumen do they have. - There should be a referral strategy (for people to introduce both startups and investors.
Crowdcube has been the innovator in equity audience funding a few years back but now others are currently overtaking. I have started using Crowdbnk - investment offers, bigger businesses sectors. As an investor in Crowdcube I must say that opinions & reporting to investors isn't as good as other angel investments I have. As CC ought to be setting the standard that is poor! And Crowdcube rarely follows up on companies as soon as they've financed & certificates are sent out. We don't have to hear exactly what happened failures and next are satisfied with no mention.
You've got a solid front end group but there were a number of things that disappointed greatly: 1)Your charge structure is high for a beginning - so great and beneficial support is a necessity but our expectations were not fulfilled 2) You fooled us into agreeing to a fee arrangement that ultimately became disgusting and quite honestly avariscious on your part - particularly as we introduced 75% + of investors 3) Trolls definitely affected our capacity to achieve more from the website yet you did nothing to help us with that situation 4) Can we recommend you- no!
WARNING.Don't invest into this you'll wind up losing your money. I invested in two businesses. One of those went into administration last week (hop stuff brewery). I have lost each and every penny I have invested, but the person who owns the company is still in charge, currently taking a major payment. Advice: Invest in your own business. At least then if you are intending to p*ss it up the wall, it's the p * issing being done by you! Crowdcube's communication regarding the management method is nothing short of PATHETIC!
Investors such as myself were mislead about EMOOV which collapsed shortly after getting countless crowdcube money. We were lead to belive the firm we had been residing in was in great financial shape, but the moment EMOOV obtained the Money out of Crowdcube, they abruptly tell us,"oh by the way, we are going into administration". How can a healthy, profitable company just fall after being awarded over #1 Million out of Crowdcube investors? So the Countless was financed by myself and other investors just disappeared.
After 3 years on Crowdcube and investing in 40+ companies, the vast majority of which are piling, I have arrived at the conclusion which Crowdcube isn't a platform for smaller investors. There is too much friction, too small transparency and due diligence on the investment opportunities, also little consistency between opportunities (some do offer pre-emption, others don't - you really have to concentrate on the small print) and you're in your own when things don't work out. Crowdcube provides little if any support.
I used to encourage this corporation! Years in fact! I then spent via audience block. They promised lots of gifts and rewards. Not only have they ignored crowd cube who helped the funding, they constantly ignore an investor. Greed of reward with no intention! As of 30/04/19 no reply in their owners for over two months! This is typical of those that are crowdfunding immorally - the investors can not do anything to receive their gifts/promised rewards. Crowd cube! COMPANY: VITL From Crowd block: Hello Adrian,
I invested in shares in InSpiral via Crowdcube who directed me to believe that I could get back my investment . Following the 4 years, I tried but the firm ought not to expect any thing back and had been rude and tried to bully me, inferring that I was being greedy. I switched to Crowdcube who pretended they went to assist me after months waiting , just said'TOUGH' . The investor is not supported by them - when you ask for help, they simply grab the money and their commission and kick you. I will report them!
Crowdcube is devising a new way for organizations to finance their expansion, one that doesn't rely solely on the financial possibilities of friends or of VCs. As such it derisks begin ups, because it's a new choice available on the current market: the planet is better using Crowdcube without since many ideas have way more odds of actually making it through than. And more generally our customers, I, will forever be thankful to their participation thus far to our growth. Alex Zivoder CEO of gohenry
Generally previous experiences have been good, but with a single investment (Big Sofa) it has been 6 months away from taking the money and no share certification have been shipped or communicating regarding why not, despite frequent requests for updates. Transparency and trust are the essential ingredients for audience funding and my latest experience has dampened my enthusiasm and utilizing Crowdcube as the car or truck. One has to question their due diligence procedure for such a delay.
Great - but simple feature requests that are slow to action. For investors with large portfolios it is actually hard to handle them. I've requested several times to have an easy glow download facility to reveal one's portfolio with info. This would also assist for SEIS/EIS entry tracking, as well as reduction management for those that have gone"belly up". I continue being told"it is in the queue" but after 2 decades and no action, one starts to despair that it will ever be carried out.
I am a Crowdcube shareholder and'm enjoying the ride. However, I have dedicated some serious money and am an investor. 1 firm has neglected, a few others look like they will fail and a couple of seem as though they could possibly be successful. My problem is that there is little if any debate or case study (from Crowdcube) of these businesses which struggle or neglect (of which there are numerous ). Failure to perform this has reduced my appetite to invest through the system.
After investing on startups Vast majority of the negative reviews on this claim to have lost money. I fail to see what Crowdcube can possibly do to prevent this. All of startups featured on Crowdcube need to pass due everything and dil on the pitch page is confirmed. In the day's end it's your money and you need ton't look to blame if you loose money because you made a bad decision. Crowdcube should be seen as an investment system, which is exactly what it is.
Hello, Thanks for the opportunity to share ideas here. I'd give Crowdcube 3 stars for ease of investing in start ups. I am holding back giving more celebrities because as a federal based at the Middle East there's lack of clarity on how my investments would be impacted by taxes. Plus, there is no information available regarding how if an company is acquired, how my stake/investment will be compensated. Some advice targeting nationals will be absolutely useful.
I've been accepted by SEIS and Crowdcube refused me on grounds of no site and no websites. The one and only answer! Loads of messages saying I do have a website and its historical for websites. Wanted to wait to acquire keys and funding to land. SEIS is start up businesses. So I included plenty of Social Media to my site just to please them. No response. Wont let me start over with fresh pitch. Bad customer service
For a promising platform I'm disappointed to have to write a negative review. I've spent #5,000 in businesses on crowdcube.com but that I will not do this in the future. CrowdCube is all about the money - theirs not yours. They will push on through anything to make a buck and also prioritise the fundraiser on the investor. I'd remove my equity holdings when I can and if I could, I will. Meanwhile, invest conscious!
I am extremely happy with Crowdcube and its excellent services. This has been the reason for the becoming an investor in prices. In particular, I wish to thank them for their timely reminders of deals that are shortly shutting, which has allowed me to put money into a number of the bargains, which I might have otherwise missed. Crowcube appears to be my favorite although I am active of crowdfunding platforms.
I have been active. Com for several years but have a connection to a company now raising on Crowdcube. As if to confirm my suspicions about Crowdcube, the amounts on the campaign webpage just don't add up. Largest investment to date (100), investments made now (50), total investment so far 110. ? Whatever the explanation, it is simply not clear or helpful. Also can't find any detail on current structure.
I invested in a company over 4 years ago that recently got bought. Ive been waiting for my investment yield to be paid in to my account. This has been going on since I first opened a query on 30th July. I had been promised payment during a'payment run' wednesday 11/9 nothing. Have tried up with Crowdcube and I am not getting any response to my follow up communications. Terrible customer service
A fantastic platform for people who don't yet understand how to replicate the more classic fundraising game. Just their costs. There is a good deal of overhead you pay for that, well, you can do the'double dipping' on fees - by the investor and from the startup too - seems a little sneaky. BUT. They are a platform that is great - in case you don't find out how to more fundraise thus do use them
Made significant losses and learned not to trust forecasts or valuations both of which are usually positive. It is a good deal of work for a small investor to do due diligence. There are no forums for prospective investors although I know there's no under 20, to talk about opportunities. There is not enough regulation of the sector. Crowdcube does have the potential when it selects.
So far I've had little or no response or report back from my investments, Crowdcube discount or simply rehash old email to me personally that say nothing, I need to understand if I've stocks or've invested what my potential return will be some kind of recognition that I have stocks or something tangible for my investment. Or are we paying those firms or schemes cash for nothing?
There's been many incidences where businesses have raised huge amounts via crowdcube only to go bankrupt within months. I don't believe crowdcube conduct dilligance and I do not believe that they provide investors with protection that is adequate. They have only started charging investors a transaction fee. This was the final straw, I won't invest via their platform again.
At Crowdcube, we're fuelling the next generation of businesses who want to leave their mark on the world. We want to create a world jam-packed with exciting businesses, backed by a community of investors that believe in them. Crowdcube Capital Ltd is authorised and regulated by the Financial Conduct Authority (No. 650205).