13 Comments
Nov 5, 2020Liked by Kristaps Mors

1) 100m as valuation guestimate. If they truly get external VCs a ka proffesional investors, that should push valuation towards more humble number.

2) Market standard is that same round investors get same terms, thus Crowdcube investors should get same valuation as VCs. Only difference could be caused by Crowdcube charging a fee.

3) I think this Crowdcube campaign is mostly about community outreach/PR, not so much to attract cheap capital, then no reason to expect unfavorable terms. Mintos may be copying Monzo example https://www.crowdcube.com/explore/raising/success-stories/monzo

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Nov 4, 2020Liked by Kristaps Mors

Great research. Think you covered pretty much everything. In Fb I voted 200—250 so I expect 200M€ considering it's current market position and future products. Might be fair to say that any company that comes out of a crisis is under evaluated considering all the potential growth

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Nov 4, 2020Liked by Kristaps Mors

I predict their own revaluation to be higher, they'll present a fantasmagorical business-plan, including results of planned projects. I guess it'll be 300M.

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Nov 4, 2020Liked by Kristaps Mors

Great piece of work Kristaps. Given Mintos future products, including IBAN accounts, and expansion plans, to highly regulated counties such as Italy and France, I would expect 260 M

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Make sure you understand that lower valuation is better. However it goes for Mintos -- good or bad.

Mintos is raising 1M. With valuation of 68M, the math is 1÷68=1.47% of company shares is being sold. If valuation was 150, math would be 1÷150=0.7%, i.e. less shares for the same cost of 1M.

So, lower valuation = more equity for early backers.

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350 M

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147500

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140M

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210 M

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Good post, my prediction is 180 М

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Good calculation. I am at 150 M.

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