Vibe founder to gift equity in new company to crowdfunders
The original crowdfunders of Vibe, newly organised as Vibe Tickets Ltd, will have the option to claim shares in the new business, says Luke Massie
News By | 18 May 2018
Vibe Tickets founder Luke Massie is to give away shares in his new company to investors in TheVibe Ltd, which was forced into administration earlier this month.
Vibe raised more than £600,000 in late 2016 through crowdfunding site Crowdcube, and Massie says gifting equity in his new vehicle, Vibe Tickets Ltd, to backers of the crowd sale is “the right thing to do”.
“This is a gift from me, personally,” he says. “Those investors are who Vibe stands for. They put their…
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