Lick – Limited offer on Seedrs

If you still want to get in here, you'll probably have to be quick. The round could already be full today (08.06.) or tomorrow, see below for details.

There are several interesting new features in Lick's campaign:

1) There are a total of 5 (!) major investors (partly VCs and family offices) involved in Lick's round. In total, these provide GBP 13MM of funding.

2) Seedrs currently limits (to my knowledge for the first time) the campaign to GBP 10k per investor in order to give as many investors as possible the chance to become part of the campaign.

3) Lick's round is not publicly live yet (so far the link has only been shared with pre-registered investors) and a total of 14.6MM has already been raised. Lick says they will close the round at 15MM leaving only 400k funding available (Tue 08/06 at 12:40pm).

From my point of view a very interesting round, which could also be used for a short-term upside trade despite the high valuation.
Another negative point, however, is that crowd investors, in contrast to the VCs, do not receive any preference shares and therefore in the event of a quick failure of the startup, the VCs would first get their stake back from the crowd's invested stake.

Here's the round: Lick crowd investing

Philip

I have been investing in startups since 2014. In recent years, my portfolio has grown to over 150 investments of various sizes. On my blog I regularly report about crowd investing and my investments.

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