Forum menu
Note to future investors in anything... if you can't buy the shares on the open stock market, you're not really buying shares, you're just making a donation to the company.
I sold half my brew dog shares (from EFP 1, in a private sale) 5 years ago and bought a YT Izzo...
That said, I have been treating the other half as worthless for the 2-3 years when it because obvious the TSC deal was going to result in the company dying.
Staff arent even getting pay, never mind any redundancy. They will have to claim it from the 'public purse'.
Lost Lager
Referred to in my house as "cooking lager" after my dad bought me some and it was some of the worst beer I've ever drank.
Staff arent even getting pay, never mind any redundancy. They will have to claim it from the 'public purse'.
I saw this, but how can it be if they weren't in administration?
Or where they and the deal was a pre-pack?
I also heard that the Waterloo bar is closing, despite being on the list of those which are being kept.
Apparently james watt says he's 'heartbroken'
I bet not so much as the poor sods that aren't getting paid..
What an absolute xxxx
As of early 2026, James Watt, the co-founder and former CEO of BrewDog, has an estimated net worth of approximately£262 million to over £400 million
Yeah dry your crocodile tears mate.
Another person who calls themselves an entrepreneur who leaves behind a massive failed business & costs the tax payer while it having no effect on them, their finances or their career.
"Or where they and the deal was a pre-pack?"
Tes, whihc means TSG have lost their money too, which is a quite extraordinary destruction of value
That should read "yes, which" but it is impossible to see what you are typing in the reply box in this POS forum - complete waste of time - I fear the crowd funders for this site will go the same way as Brewdog.
As long as there isn't an idiotic move into brick and mortar retail (like Brewdog and Alpkit), STW should hopefully be fine for a little while yet! 😉
They don't need to go looking for a new business stream that doesn't work - they have already got one.
- I fear the crowd funders for this site will go the same way as Brewdog.
I was an "equity punk", I've supported all of STW's appeals including the share offer, I bought 1% of the start-up that my daughter joined. In each case (and a few others), I regarded that money as gone as soon as it left my account. I did it to support the businesses involved, not to make money. If I've helped to keep a few people in work for longer than would otherwise been the case, I'm happy. In the unlikely event that I make a profit, I'd be very happy.
Feels like a bit of a difference between funding STW knowing it's not gonna make you much money, and an organisation selling £75Mn of equity punk shares, and then engineering a way for those investors not to have any rights to returns.........
Here's some more from the FT, not behind a paywall this time (apols for last time i thought it was a free link)
https://archive.ph/Rwvtl
an organisation selling £75Mn of equity punk shares, and then engineering a way for those investors not to have any rights to returns........
Hindsight is a wonderful thing. At least for the first few rounds, BD looked like a genuinely radical proposition, and it happened at a time that crowdfunding also seemed like an opportunity to democratise business. We didn't know that JW was an utter arsehole, and we didn't know that our money would be used to underwrite a reckless overreach in an ill-advised dash for growth. I'll be keeping an eye on STW and if they look like opening a global chain of bike shops I will write a strongly worded email to Mark.
The massive 'Outpost' branch was in darkness on Oxford Road, Manchester today. Lots of folk out of a job there, and a big student pub (on UOM's property).
..."equity punk"...
...genuinely radical proposition... crowdfunding... opportunity to democratise business...
House!