RE: Finance14 Aug 2020 10:08
Apologies
Cowfish - interesting point. Taking the last 4 investments where equity percentage increased, the amount of extra equity has reduced as follows per £100k invested.
10/19 2.18%
11/19 1.4%
2/20 1.4%
8/20 1.3%
One could argue that as the project progresses, the value of the company increases so you might expect to pay more. I would hope there is some sort of framework in place to ensure that we do not find ourselves playing the "ridge game" whilst climbing the mountain.