 Poster: A snowHead
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Last edited by Poster: A snowHead on Sat 20-05-23 8:30; edited 1 time in total
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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It seems to be saying "if you don't invest now, your initial investment will be diluted by the new money" which is pretty standard. It looks like you have pre-emption rights (ie the right to invest more to maintain your share) which is also pretty standard
If the funding round doesn't succeed, they may be in trouble but can't tell that from the info here
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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Just incentivising you to invest more and if you don’t you end up ranked pretty lowly for any distribution that may arise in the future from an IPO (hurray) or liquidation (boo).
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You need to Login to know who's really who.
You need to Login to know who's really who.
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Post their accounts for sensible comment
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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Was always a hobby punt wasn't it and/or opportunity for payback via discount on skis?
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You'll need to Register first of course.
You'll need to Register first of course.
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Delete
Last edited by You'll need to Register first of course. on Sat 20-05-23 8:30; edited 1 time in total
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Decimal places are moot in liquidation non?
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Delete
Last edited by After all it is free  on Sat 20-05-23 8:31; edited 1 time in total
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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Delete
Last edited by You'll get to see more forums and be part of the best ski club on the net. on Sat 20-05-23 8:31; edited 1 time in total
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yes, that does look like a big dilution (depending on the relative sizes of the fundraising)
Last edited by Ski the Net with snowHeads on Sat 20-05-23 13:14; edited 1 time in total
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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I see Faction everywhere except underneath recreational skiers
Maybe that's the problem
Don't see many capes sold these days despite the ubiquity of Marvel and DC
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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Sounds a bit like the endless rounds of "equity for punks" funding in brewdog. Paper shares that remain worthless and unsellable
unless they ever float. Sadly dilution (especially in unlisted companies) rarely done on terms that benefit existing share holders... 
Terms of the faction deal certainly suggest they need the new investment to avoid future cash flow issues.
Last edited by And love to help out and answer questions and of course, read each other's snow reports. on Sat 20-05-23 7:47; edited 1 time in total
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Delete
Last edited by So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much  on Sat 20-05-23 8:31; edited 1 time in total
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You know it makes sense.
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| BobinCH wrote: |
| Would have thought things would have improved first big year post covid? |
I think a lot of winter sports (at least those mainly Europe-facing) will have been struggling big time this year - obviously corona was a huge issue for them with many of their normal customers not being able to ski, then straight into a period of high energy costs, high inflation + low snow winter which probably had a lot of people re-considering new ski purchases...
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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Here was me thinking it was a new Verbier based music festival ... Re-MoVe(rbier)
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Poster: A snowHead
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| Haggis_Trap wrote: |
Sounds a bit like the endless rounds of "equity for punks" funding in brewdog. Paper shares that remain worthless and unsellable
unless they ever float. Sadly dilution (especially in unlisted companies) rarely done on terms that benefit existing share holders...
Terms of the faction deal certainly suggest they need the new investment to avoid future cash flow issues. |
OT, but the Brewdog terms are even worse for hobby investors: the shares sold to TSG in 2017 (a 22% stake in Brewdog) guarantee an 18% return per annum (compounding) on IPO or if the company is sold. Only once that is paid do the 'punks' stand to make any money.
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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Strange, all the key information has gone. Was it not meant for public consumption?
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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| Quote: |
Was it not meant for public consumption?
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Not any more, clearly, @ster.
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You need to Login to know who's really who.
You need to Login to know who's really who.
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@BobinCH, and … what’s the magic word? 
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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Get a snowboard !!
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