The Lemon Fool

Am I right in thinking a few here hold Octopus Titan or Apollo VCT?

Did you hear one of the investee companies is set for an AIM float?

https://www.wealthclub.co.uk/articles/i ... d-company/

News to me, and yes I hold.

Well, I've carried camping gear by bike a fair few times, but a regular mattress? If they're offering a 100-day home trial, I might easily be tempted!

A success, seemingly.

http://www.hl.co.uk/news/2017/5/15/onli ... market-ipo

Indeed. Also note Hargreave Hale AIM VCT took a 3pc stake in the float

Bit more background on how Octopus got involved here:
https://www.wealthclub.co.uk/articles/i ... ent-story/

Pays to know the right people………

marktristan wrote:Indeed. Also note Hargreave Hale AIM VCT took a 3pc stake in the float

Since the rules preclude VCTs supplying replacement capital, I guess that must mean this was new money and existing investors weren't selling stakes. Or is that hopelessly naïve?

Bit more background on how Octopus got involved here:
https://www.wealthclub.co.uk/articles/i ... ent-story/

Pays to know the right people………

I went to a presentation by the Octopus Ventures folks a few years back (just about when the Graze sale generated the big special divi). This reads like a classic instance of the approach they presented.

UncleEbenezer wrote:

marktristan wrote:Bit more background on how Octopus got involved here:
https://www.wealthclub.co.uk/articles/i ... ent-story/

Pays to know the right people………

I went to a presentation by the Octopus Ventures folks a few years back (just about when the Graze sale generated the big special divi). This reads like a classic instance of the approach they presented.

Do you mean getting intro’d by another early stage fund?

marktristan wrote:

UncleEbenezer wrote:

marktristan wrote:Bit more background on how Octopus got involved here:
https://www.wealthclub.co.uk/articles/i ... ent-story/

Pays to know the right people………

I went to a presentation by the Octopus Ventures folks a few years back (just about when the Graze sale generated the big special divi). This reads like a classic instance of the approach they presented.

Do you mean getting intro’d by another early stage fund?

Not exactly. But maintaining an extensive associate network, which I guess is related. And backing people in which Octopus has lots of faith: hence for instance Chesterman back when Zoopla (at least the website) was a rightmove-wannabe that didn't even work.