Livewire – GetSwift: A study in Elation, Frustration and Redemption

19 Mar 2018

In light of recent press, it’s topical to talk about our experience with GetSwift (GSW) over the past 15 months. In December 2016 we invested a small amount of the Fund (around 1.5%) into the GSW IPO at 20c.

We were attracted to the small market cap ($25m at IPO), the modest but growing revenue streams and the attractive thematic of a last-mile logistics software platform. Within three months GSW had run to 50c (with which we were obviously thrilled), but we were starting to question the valuation.

Full article: here