Compulsory reading!

Friday, February 20, 2026

Waiting for the Brewdog divorce settlement

The recent news about Brewdog isn't particularly encouraging. Even as a pessimist, it feels like an almost unfathomably bleak turn of events.

A little story: 

Brewdog were once, briefly, my favourite brewery. In their very early years, between 2008 and 2010, they put out some excellent beers, were at the forefront of a rise in high quality and experimntal brewing in the UK, and while they weren't exactly the pioneers they purported to be, they were major players, doing good things and I liked them a lot. 

That is why I put my money where my mouth was, and became one of the earliest 'Equity for Punks' investors. I spent, I think, £810 on three 'shares' back in, when was it? 2009? It was definitely the first wave of the EFP mania. 

And I regretted it almost immediately, because Brewdog - having taken my money - went in a very different direction to what I'd have liked.  Founder James Watt showed himself to be an absolutely massive bellend - no that's an understatement - a cuntishly borderline psychopath is probably closer to the mark.