CrowdInvesting: Another quarter, another €1m of defaults
Peter Barkow – For Free Corporate Finance & Real Estate Updates Sign Up >> HERE
We have just taken a look at defaults in German CrowdInvesting in Q1 2015:
– We have observed two defaulted investments worth €1m, among which the largest ever at €600k
– Total cumulated CrowdInvesting defaults reached €3.9m on our count
– Probability of Default estimated at 10% or 30% calculating with 18 months lag
The above is probably no good news for the current legislative process.
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