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Three articles into a series on what crowdfunding actually costs, the practical question remains. If you are running a UK business in 2026 and considering a community-led raise, what should you do? A framework, grounded in the one major UK case that has gone differently from BrewDog and Star...
How three letters from the early years of Star Citizen's development quietly set the governance structure of a business that is still, thirteen years later, being governed by them. And what that tells UK founders about the part of crowdfunding the prospectus never mentions.
On or around 1...
Why BrewDog's Equity for Punks investors were structurally locked out of the upside long before the administration happened, and what any founder running a values-led raise in 2026 should learn from it.
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For most readers, the BrewDog story ended on 2 March 2026. For the Equity for Punks...
What BrewDog's collapse and Star Citizen's billion-dollar climb are telling UK founders about the true cost of crowdfunded capital
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On Monday 2nd March 2026, BrewDog went into administration. The brewery and eleven of its bars were sold to US cannabis-and-beverage firm Tilray for £33...
Hi everyone! I recently started a side project on Substack "The Startup Analyst" focused on equity crowdfunding campaigns across the UK and Europe. I’d love your feedback on the homepage—does it feel complete? Also, if you have any thoughts on what’s missing in either of my weekly newsletters...
Hey guys, I’m wondering which platforms people would go with or recommend for a startup based around a consumer product / direct to consumer brand (health and wellness space).
I’ve got a call with indiegogo this week to ask some questions, as they are my first choice but I’m not sure if...
Hello!
We have a community of friends and family who want to invest in our company to help us raise capital to get to our next stage of development. We're looking for a way to facilitate the process, as we have 100+ people on the list. Wondered if anyone has any experience in this?
For...
In the dynamic world of business finance, crowdfunding has emerged as a key player for startups and small businesses in the UK seeking funding. This method leverages the internet to pool small amounts of money from a wide audience, democratising the fundraising process. It's become a popular...