We thought the questions asked in the discussions area in our Crowdfunding Raise were superb so we wanted to replicate them here. Please let’s keep the discussions going and put forward your ideas to keep growing Crunch (and therefore your investment!)
Investor query (originally posted on Seedrs):
It seems that the current CFO is making up the vast bulk of the investment so far? Why are Crunch / him using Seedr to essentially facilitate an employee share scheme?
Our response:
Thank you for your question. As you may be aware Seedrs investment platform has a number of different ways to invest, i.e. directly with the business or through the Seedrs platform. The direct investment function was not enabled by Seedrs and they informed Crunch to use my account to record the direct investment. We have asked Seedrs to break the direct investment amounts out.
For clarity:
- Michael van Swaijj (Chairman) £250k
- Darren Fell ( CEO) £50k
- Guy Myles (Non-Executive) £20k
- Anonymous £25k
- Anonymous £20k
I previously purchased some shares in Crunch through a private investment club and have used all of my funds.
I hope this helps explain the value against my name.
Stephen
Head of Finance