While you're at it, it would be useful see more granular detail on the Your Investments page, e.g.:
[]How many shares I own in the various companies/rounds etc.
[]A (suitably caveated) "value" of your investments would be nice, particularly where companies have had subsequent rounds.
[*]The nominee agreement is accessible from the account page, but I'd instinctively look for it on the investments page.
How will you compare investments made in different rounds if showing companies consolidated? I.e. 1k invested in Microcosm round one is ≈ 4k in round two. Makes later investors look "bigger" than earlier ones with the same or higher ownership % (although, obviously they are bigger on a committed capital basis).
Separately, is there established law, and/or have you received advice, on what happens to us, as investors in Microcosm via Seedrs as nominee, if Seedrs the firm were to fail? I know you are well capitalised etc., but what's the worst case scenario?
All very good suggestions. We are indeed going to add more information to the Your Investment page. It is more a matter of prioritisation than anything else. As for the value of an invest, that is a very tricky one. That's one we have wanted to add since day one but we will not add something like that unless we are very confident that it really reflects how the company is evolving towards success, and that is an extremely hard thing to measure. Rest assured though that we are doing a lot of research on that.
As for what would happen in the not-going-to-happen-while-I-have-a-drop-of-blood-in-me scenario of us going bust it is actually quite simple. Your shares are clearly marked as belonging to you and out of the reach of any creditor (same with money you deposit in our account, which is held in a segregated client money account) so, either we would pass the nominee responsibility to someone else who we believed would represent your best interests or, if that wasn't possible, you would just hold the shares directly as a shareholder.
Basically, regardless of what happens and of the exact structure, your shares are yours and will always continue to be (unless you pass them on to someone), regardless of wether Seedrs succeeds or not.
All very good suggestions. We are indeed going to add more information to the Your Investment page. It is more a matter of prioritisation than anything else. As for the value of an invest, that is a very tricky one. That's one we have wanted to add since day one but we will not add something like that unless we are very confident that it really reflects how the company is evolving towards success, and that is an extremely hard thing to measure. Rest assured though that we are doing a lot of research on that.
As for what would happen in the not-going-to-happen-while-I-have-a-drop-of-blood-in-me scenario of us going bust it is actually quite simple. Your shares are clearly marked as belonging to you and out of the reach of any creditor (same with money you deposit in our account, which is held in a segregated client money account) so, either we would pass the nominee responsibility to someone else who we believed would represent your best interests or, if that wasn't possible, you would just hold the shares directly as a shareholder.
Basically, regardless of what happens and of the exact structure, your shares are yours and will always continue to be (unless you pass them on to someone), regardless of wether Seedrs succeeds or not.