New blog entries
A thread appeared on UKBF this week that, on the surface, looks like a straightforward complaint about eBay. Look a little closer though, and it's actually a window into one of the most underappreciated risks facing small business owners right now.
@paulears , a long-standing member of this...
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...
I'll be upfront: this article was written with the assistance of an AI. The irony of asking Claude to write about AI and intellectual property is not lost on me, and I think it actually illustrates something important about where we all are right now. More on that at the end.
The question...