Editing Joyall

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Hugh is a commercial and experienced Chartered Accountant (PwC), working with Lloyds, BNP Paribus, ABN AMRO and has start-up experience.
Hugh is a commercial and experienced Chartered Accountant (PwC), working with Lloyds, BNP Paribus, ABN AMRO and has start-up experience.
==Risks==
As with any investment, investing in Joyall carries a level of risk. Overall, based on the key risks highlighted below, the degree of risk associated with an investment in Joyall is higher than in a company that's trading on a public market.
===Early-stage investment===
Joyall is at one of the earliest stages of the business lifecycle, and the failure rate of companies at that stage is usually much higher than those at a later stage.
===Illiquid investment===
The number of transactions in shares of private companies is usually significantly lower than in public companies, typically resulting in it taking longer to sell shares in private companies at a price that is at least equal to the price that the shares were bought at. Accordingly, the Joyall investment opportunity is considered to be higher risk than more liquid companies.


== References and notes ==
== References and notes ==
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