shimself
Member of DD Central
Posts: 2,560
Likes: 1,169
|
Post by shimself on Nov 19, 2015 19:47:46 GMT
They are going from a 25% profit share to a 10% fee (plus a one off 5% listing fee on the total raise not mentioned in the email ahem).
I am struggling to do a proper comparison of the effect on a given investment.
The word fee sounds to me like their interests are not as aligned with ours as they used to be. They say in most cases we gain.
|
|
bigfoot12
Member of DD Central
Posts: 1,817
Likes: 816
|
Post by bigfoot12 on Nov 20, 2015 15:24:12 GMT
I must confess that I hadn't read the email very carefully, which you really have to with house crowd. Do you think that the 10% is of something other than profit. I agree it is strange wording otherwise. I invested in a couple a while back, but then I found that things worked differently from my initial understanding. I am still waiting for a couple of worked examples. The email also hints at clearer information which will be good. When they provide a worked example from initial investment to payback I might reconsider.
(Except I'm reasonable well exposed to property through P2P lending. And the tax structure looks poor.)
|
|