Watt apologises to 200,000-plus ‘equity punks’ who joined crowdfunding rounds but were left empty-handed after cut-price sale

The co-founder of BrewDog, James Watt, met with short shrift from small investors who have been left empty-handed by the company’s sale for just £33m, after he admitted to “many mistakes”.

Watt issued a mea culpa via the professional social networking site LinkedIn, a platform he has regularly used to espouse political views, including complaints about the level of tax he is asked to pay.