Pronto Shuts Down - Founder Admits Defeat

Pronto home page with logo and attractive food

Pronto, the food delivery service that raised £800,000 on Seedrs four months ago, has closed its doors. Founder James Poulter is quite candid with investors about the difficulties the business has experienced. Now that options have been exhausted, the company will wind down in a way that minimises investors' losses and enables them to gain EIS and SEIS reliefs.

Equity Crowdfunding Around The World

a globe of the world

Entrepreneurs who raised equity from the crowd talk openly and enthusiastically with author Nathan Rose, in his forthcoming book. He provides seventeen case studies from a variey of industries and a range of diffierent countries including the UK, Sweden, Finland, Germany, New Zealand,  and Canada

Hybrid Air Vehicle Has Bumpy Landing

The Airlander 10 in flight, against a pink sky

Airlander 10, the giant aircraft funded by the crowd to the tune of £2 million for a 5.5% stake in Hybrid Air Vehicles Ltd. (HAV), has made its maiden flight, and had its first crash. The prototype damaged its cockpit, we understand.

While others discuss the engineering problems, we want to look at the impact on equity investors.