BrewDog co-founder James Watt visited the studios of Max Keiser this week to share his equity crowdfunding odyssey which has been labeled EquityforPunks. James starts off back in 2009 when the young brewery was looking for capital for their business yet there was none to be found. This was in the heart of the financial crises and they could not persuade anyone to give money to their business. Adversity was a catalyst for creativity and today BrewDog is one of the largest equity crowdfunding offer to have taken place. Today they have over 25,000 individual investors.
Recently BrewDog endured a bit of a stumble as they had to clarify as to whether the offer was UKLA approved. The UKCFA jumped into the scrum as well stating they believe the BrewDog share offer should be conducted by an FCA-authorised crowdfunding platform. James defended his position with some help from Keiser.
It is worth a watch. Skip ahead to the 13 minute point to get to James sharing his perspective on BrewDog.
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