A member share gives you the right to a payout (without ever investing a penny) if and when Money Dashboard is bought or lists on the Stock Exchange as part of a deal that gives cash payments to its shareholders (subject to Terms and Conditions). While they’re not equity shares in the legal sense, and therefore don’t pay dividends or come with a fancy certificate, they fluctuate in value in line with the value of our company and allow users to cash in on the success of the company.
Over the next few years we aim to issue 10m member shares to give our community a meaningful stake in our business.
To put things into perspective, 10m shares are worth £600,000 at today's price but our ambition is to grow the value of the company. If we matched the sale value of our US equivalent (mint.com) at £129m, these member shares would collectively be worth over £3,000,000. Or, if we managed to achieve a "unicorn" valuation alongside the likes of Monzo and Revolut, they would be worth over £25,000,000!
Members receive 10 member shares just for signing up and can share their unique code with friends to earn more.