webwiz
Posts: 1,133
Likes: 210
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Post by webwiz on Sept 13, 2015 14:43:04 GMT
Ed, that is nearly double your total business to date, and an average of >£6500 per EOI. I hope it's a really attractive proposition when we see it, otherwise your conversion ratio might be on the low side. I made that just under 29.4k on average... ? Either way, massive numbers and would move MTs scale up a notch or two. Yes it's over £6500 per registered user and nearly £30k per EOI. Sorry.
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Post by duncandive on Sept 14, 2015 11:24:33 GMT
Looks like Ed is making excellent progress, from the email just received... 111 EOI with a total of 3.2 Mil
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Post by MoneyThing on Sept 15, 2015 7:53:07 GMT
(123 responses - £3.65m)
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Post by MoneyThing on Sept 15, 2015 9:27:17 GMT
For those who were interested in the spread of EOI - please see below breakdown. | From | To | No. | Total | | £0 | £5,000 | 54 | £151,500 | | £5,001 | £10,000 | 29 | £288,500 | | £10,001 | £25,000 | 19 | £390,000 | | £25,001 | £50,000 | 14 | £600,000 | | £50,001 | £100,000 | 5 | £460,000 | | £100,001 | £250,000 | 5 | £1,075,000 | | £250,001 | £500,000 | 2 | £800,000 |
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| 128 | £3,765,000 |
Thank you again for your support. I have arranged to meet the borrowers in London on Thursday and will report back. Kind regards, Ed |
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alan
Posts: 55 
Likes: 14
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Post by alan on Sept 15, 2015 10:47:05 GMT
Would be interested in seeing a breakdown of the first band i.e. up to & inc 100 - 5000.
Thanks
Alan
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Post by MoneyThing on Sept 16, 2015 7:44:15 GMT
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alan
Posts: 55
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Post by alan on Sept 16, 2015 9:17:56 GMT
Would I be right in guessing those in the 4001-5000 band were all 5000?
Cheers
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james
Posts: 2,205
Likes: 955
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Post by james on Sept 16, 2015 11:20:01 GMT
Would I be right in guessing those in the 4001-5000 band were all 5000? No guessing needed. That is the only mathematically possible answer for 21 people paying in a total of £105,000 with the 4001 to 5000 constraint.
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Grezza
Member of DD Central
Posts: 152
Likes: 101
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Post by Grezza on Sept 16, 2015 11:31:32 GMT
Would I be right in guessing those in the 4001-5000 band were all 5000? No guessing needed. That is the only mathematically possible answer for 21 people paying in a total of £105,000 with the 4001 to 5000 constraint. Yup, I'm one of those giving an EOI for £5000, but would be prepared to double this when more information becomes available. Is this okay Ed?
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,745
Likes: 3,138
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Post by jonno on Sept 16, 2015 11:56:01 GMT
No guessing needed. That is the only mathematically possible answer for 21 people paying in a total of £105,000 with the 4001 to 5000 constraint. Yup, I'm one of those giving an EOI for £5000, but would be prepared to double this when more information becomes available. Is this okay Ed? : All you've done at this stage is give a broad indication of what you might be prepared to invest.We all reserve the right to increase/decrease/eliminate our support once the detail of the loan becomes available.
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Post by MoneyThing on Sept 16, 2015 12:07:21 GMT
No guessing needed. That is the only mathematically possible answer for 21 people paying in a total of £105,000 with the 4001 to 5000 constraint. Yup, I'm one of those giving an EOI for £5000, but would be prepared to double this when more information becomes available. Is this okay Ed? Of course! These numbers are all just EOIs at this stage (not pledges), and therefore anticipate investors indicated participation to withdraw/decrease/increase once all the information is presented. (Now at £4.3m from 132 responses) Kind regards, Ed
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jonbvn
Member of DD Central
Posts: 326
Likes: 95
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Post by jonbvn on Sept 17, 2015 7:22:38 GMT
Yup, I'm one of those giving an EOI for £5000, but would be prepared to double this when more information becomes available. Is this okay Ed? : All you've done at this stage is give a broad indication of what you might be prepared to invest.We all reserve the right to increase/decrease/eliminate our support once the detail of the loan becomes available. No! That's it now you are locked in for the duration! 
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Post by ladywhitenap on Sept 21, 2015 9:16:22 GMT
Any update on general progress/schedule and your meeting last Thursday Ed?
TIA
LW
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pom
Member of DD Central
Posts: 1,922 
Likes: 1,244
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Post by pom on Sept 24, 2015 9:56:49 GMT
Shame it's not going ahead (email just arrived) but I think it reaffirms my confidence in the platform  |
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madpierre
Member of DD Central
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Post by madpierre on Sept 24, 2015 10:05:37 GMT
Shame it's not going ahead (email just arrived) but I think it reaffirms my confidence in the platform Absolutely. Ed has generated a huge confidence in MoneyThing from lenders and his decision here will only reinforce that. It would have been tempting to take the money and risk it, but three cheers for a brave decision
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