A Crowdfunding Success Story

Yaaay! A crowdfunding success story! At last.

Brewdogs, a microbrewery that actually started in a garage and crowdfunded equity is seeing a payday for its investors.

The so-called “Equity Punks” will be able to sell when TSG Consumer Partners, a private equity firm, takes a 22% interest in the brewery valuing it at $1 Billion.

Now numbering at about 50,000, the beer drinking Punks will see a return of over 177% on their investment while the initial group of crowdfunders can count on about a 2,800 return.

An outlier to be sure, but a nice story.
http://www.foodandwine.com/news/after-all-crowdfunding-brewdog-punks-get-chance-sell-nice-profit

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About JeffKoeppel

I am a corporate/securities attorney in the Washington, DC area. Prior to joining the firm, I was a Senior Attorney Advisor in the Division of Corporation Finance at the U.S. Securities and Exchange Commission. I am a member of the Bars of the States of Maryland, New York and the District of Columbia. You can also follow this blog on LinkedIn at: http://www.linkedin.com/pub/jeffrey-a-koeppel/0/63/5a9
This entry was posted in accredited investor, balance, Broker dealers, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, VC, Venture Capital, Wall Street and tagged , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

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