Molten Ventures Share Discussion Threads

[spectoacc] 23/4/2024 07:21

All seemed positive ex the NAV drop, but eventually NAV will climb again, and hope I'm still on board when it does.

[johnrxx99] 23/4/2024 07:16

Martin Davis, Chief Executive Officer of Molten Ventures, commented:

“We are grateful to all our investors who supported us through the period, most notably with our fundraise and with the addition of the Forward Partners portfolio. With £123 million of cash resources across PLC, the managed EIS/VCT funds, as well as a £60 million undrawn debt facility and a stable and enhanced platform, we are in a strong position to deploy capital selectively to maximise returns for our investors in a stabilising but still challenging environment for high-growth companies. Our portfolio remains in good health, and we expect to see a step up in realisations in the current financial year, with a number of potential exit processes ongoing across our portfolio.”

[kooba] 16/4/2024 05:27

Oakblokes research suggests"For example GROW values its 0.35% holding in Revolut at £54.5m. This means Revolut is worth £15.4bn ($19.5bn)."So whilst the Schroders valuation uplifts is not as meaningful as where they were valuing, it looks like a 30% uplift on where Molten currently hold..which would be positive.

[kooba] 15/4/2024 20:56

https://www.bloomberg.com/news/articles/2024-04-15/revolut-valuation-raised-by-investor-schroders-as-fintech-fortunes-reboundRevolut Valuation Raised 45% By Schroders Shows Fintech ReboundChange in stake value implies Revolut is worth $25.7 billion

[peterrr3] 28/3/2024 07:44

There's optimism and the there is optimism on steroids and that is oak bloke. To think Molton can not just recoup its investment but make a stonking profit out of the ashes of Graphcore beggars belief.I think the problem is that he doesn't actually know the equity holding. Hence the very likely rubbish on Revolut as well.Without knowing the assumptions underpinning the valuations you can't really comment and will note a mountain of disclaimers will exist in both PwC and Delloite reports.

[kooba] 28/3/2024 06:25

Some very good coverage by The Oak Bloke i not sure if others follow but they do some good work imho.

[johnrxx99] 22/3/2024 07:08

Yes, good luck. Personally, I'm looking for a 20% uptick before I get back in.

[kooba] 21/3/2024 17:40

Might have timed it right ..good luck.

[spectoacc] 20/3/2024 19:21

Bought today, prepared to average.

[thunders] 18/3/2024 20:29

As at 30 September 2023, Molten Ventures had a diverse portfolio with shareholdings in 74 companies, 17 of which represent our Core Portfolio holdings and account for 62% of the Gross Portfolio Value. Our core companies include Thought Machine, Coachhub, Form3, Aiven, Ledger and Aircall. We invest across four sectors: Enterprise Technology, Hardware and Deeptech, Consumer Technology, and Digital Health and Wellness, with highly experienced partners constantly looking for new opportunities in each. We look for high-growth companies operating in new markets, with aspirations for global expansion, strong IP, powerful technology, and strong management teams to deliver success. We also look for businesses with the potential to generate strong margins to ensure rapid, sustainable growth in substantial addressable markets.



Molten Ventures provides a unique opportunity for public market investors to access these fast-growing tech businesses, without having to commit to long term investments with limited liquidity. Since our IPO in June 2016, we have deployed over £1bn capital into fast growing tech companies and have realised £520m to 30 September 2023.

[peterrr3] 17/3/2024 13:26

It would be nice if they published a portfolio list, but I am guessing towards 1% based on Revolut's supposed value in April 23.

[farrugia] 17/3/2024 09:50

how much of Revolut does Molten Ventures own?

[peterrr3] 15/3/2024 09:08

There is a portfolio list in the 23 accounts, but Perkbox is not listed as core and is lumped with "other" investments.

[peterrr3] 15/3/2024 08:52

Not in the Perkbox accounts either. I would have thought if it was particularly material there would be an RNS.

[kooba] 14/3/2024 11:31

Is there any easy way to see Molten % holding in Perkbox , many such investment companies list their interests in their portfolio list but see Molten don’t..but they are a recognised investor from the article and from their website.

[w13ken] 14/3/2024 00:22

Excellent news from Sky that Perkbox has been bought by a US private equity firm, Great Hill Partners, for about £130m. MV went in big and early on Perkbox but I can't trace a recent valuation.

Some info here with MV investment numbers:


Let's hope this is the first of many sales and that the realisation for MV is registered in March to help the bottom line for this financial year.

[johnrxx99] 13/3/2024 01:48

At last the Forward Ptns deal will be done tomorrow and trading of the merged group will start on the 15th.

[kooba] 01/3/2024 14:50

Presentation today

[kooba] 01/3/2024 11:59

Worth watching how this plays out in terms of relevant IPO appetite and potential large upwards valuations
On Bloomberg
February 27, 2024 5:51 PM
Klarna Bank AB, the Swedish fintech that was once Europe's most valuable startup, is moving forward with plans for a potential US listing that could be one of the largest initial public offering this year, according to people familiar with the matter.
The Stockholm-based buy-now-pay-later giant has recently started having detailed discussions with investment banks to work on an initial public offering that could happen as early as the third quarter, the people said. Klarna is considering seeking a valuation of around $20 billion, the people said.

[kooba] 01/3/2024 09:31

If a sale of Graphcore in the super hot AI space is agreed at a decent premium to book this could transform the look of the business as well as a boost to the underlying asset value it would also free up cash to fund supporting the rest of the portfolio and remove what is a tight financial position. Risk reward looks favourable for further narrowing of the discount as the companys portfolio is quite mature and the strength of markets in US could reopen the IPO market sooner rather than later giving more inflection points and possibly exits.

[thunders] 01/3/2024 09:01

Big spread for Sell and Buy? Some one cooking the books?

[spectoacc] 29/2/2024 14:37

There's not many co's that have the potential to double, but I reckon GROW is one.

Potential to halve too of course, but be surprised if it went back through the lows. A volatile move back to above £4 I hope.