The Lemon Fool

The numbers are in:

https://www.wealthclub.co.uk/articles/i ... g-2021-22/

Also reported on the FT, but no point posting that unless you have a paid account.

No surprise to readers here, we knew it would be a big year for fundraising, and so it turned out.

Funnily enough I did less this year than usual. Anecdotally I suspect a lot of new investors are finding their way into VCTs.

I think about a third of the £1.13bn went to Octopus and the rest will have been distributed over a wide range of offers.

Will this mean going back to the days of more issues around the £30m to £60m mark selling out in a day or two?

With this mass of money to be invested, in two years and not three as it used to be, will there be a temptation to over-pay to get the deals?