Just had a listen. Episode 21 about 32 minutes in. End of Feb launch, will need at least 1000 to 1500 fans to buy in. No one person more than 10%.
Now, let’s assume he wants his £3.8m (as stated) and lets further assume he wants that over 4 years interest free (as stated) and let’s say that he and each of the three FLG put in max 10% or 380k each (doubt at least two of them have it), then thats £1.14m. So the remaining £2.66m between 1500 fans is around £1800 each over 4 years. Not a massive amount, but there needs to be an awful lot of clarity and transparency.