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SRCThe Guardian - World News
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LEANCenter-Left
WORDS641
ENT10
FRI · 2026-07-17 · 06:00 GMTBRIEF NSR-2026-0717-93722
News/‘How’s this joker got my details?’: BrewDog founder faces co…
NSR-2026-0717-93722News Report·EN·Legal & Judicial

‘How’s this joker got my details?’: BrewDog founder faces complaints over emails to ‘equity punks’

BrewDog founder James Watt is facing complaints to the UK's data privacy watchdog, the Information Commissioner's Office (ICO), regarding emails sent to former crowdfunding investors. Watt announced a plan to buy back the company, now owned by US firm Tilray, and offered these investors a stake in his new venture, Second Best.

Rob DaviesThe Guardian - World NewsFiled 2026-07-17 · 06:00 GMTLean · Center-LeftRead · 3 min
‘How’s this joker got my details?’: BrewDog founder faces complaints over emails to ‘equity punks’
The Guardian - World NewsFIG 01
Reading time
3min
Word count
641words
Sources cited
3cited
Entities identified
10entities
Quality score
100%
§ 01

Briefing Summary

AI-generated
NEWSAR · AI

BrewDog founder James Watt is facing complaints to the UK's data privacy watchdog, the Information Commissioner's Office (ICO), regarding emails sent to former crowdfunding investors. Watt announced a plan to buy back the company, now owned by US firm Tilray, and offered these investors a stake in his new venture, Second Best. Several recipients of Watt's emails expressed concern over how he obtained their contact details, raising potential GDPR breaches. Watt denies wrongdoing, stating the data was lawfully obtained and used in connection with shareholders' legitimate interests, though he did not specify the source. Tilray confirmed they did not acquire this shareholder data and have no involvement in Watt's current business activities. The ICO is considering the complaints.

Confidence 0.90Sources 3Claims 5Entities 10
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Article analysis

Model · rule-based
Framing
Legal & Judicial
Economic Impact
Tone
Mixed Tone
AI-assessed
CalmNeutralAlarmist
Factuality
0.70 / 1.00
Factual
LowHigh
Sources cited
3
Well sourced
FewMany
§ 03

Key claims

5 extracted
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James Watt stated the communication was sent following legal advice, using lawfully obtained data, and in connection with shareholders' legitimate interests.

quoteJames Watt
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Several recipients of Watt's email expressed concern about how he obtained their contact details, suspecting a GDPR breach.

factual
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Watt announced a plan to buy back the company with support from 43,000 investors via a new venture called Second Best.

factual
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BrewDog's assets were sold to US firm Tilray in March for £33m, rendering crowdfunding investors' shares worthless.

factual
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BrewDog founder James Watt is facing complaints to the UK's data privacy watchdog over emails sent to 'equity punks'.

factual
Confidence
1.00
§ 04

Full report

3 min read · 641 words
James Watt, the BrewDog founder who sold the debt-laden “punk” brewer earlier this year, is the subject of complaints to the UK’s data privacy watchdog linked to his surprise bid to buy the company back, the Guardian has learned.BrewDog’s brand, intellectual property, UK breweries and 11 bars were sold to the US cannabis and drinks firm Tilray in March for £33m, in a deal that rendered the shares of more than 200,000 crowdfunding investors worthless.On Wednesday, Watt unexpectedly announced a plan to wrest back control of the beer company, with support from 43,000 of those investors, labelled “equity punks”, via a new venture called Second Best.The audacious proposal involved Watt contacting thousands of shareholders to offer them the “exact same stake in Second Best that you once held in BrewDog, for free”.Several sources who received an email from Watt said they did not understand how he had their contact details, giving rise to concerns about a potential breach of the General Data Protection Regulation (GDPR) – strict rules governing how organisations can collect, store and process personal data.Watt denied any wrongdoing. “A communication was sent to my fellow shareholders in BrewDog following legal advice, using lawfully obtained data, and in connection with their legitimate interests as shareholders,” he said. He did not explain how contact details of shareholders were obtained.The Information Commissioner’s Office (ICO), which regulates data privacy, has been asked to investigate by several former BrewDog shareholders who received messages from Watt.The watchdog, which has the power to impose fines or compel organisations to change their practices if it finds a GDPR breach, is now considering the complaints.James Watt (left) and Martin Dickie, the co-founders of BrewDog, at their brewery in Ellon, Aberdeenshire, in 2016. Photograph: Alan Richardson/The GuardianMarc Knox, a former equity punk, said he had written to Second Best about his concerns and was prepared to take a complaint to the ICO, although he had not yet done so.“I got the email last Sunday and I kind of laughed. I wasn’t thinking about complaining but I talked to a friend, looked online and saw there were lots of people saying the same thing: ‘How has this joker got my details?’”The Guardian understands that neither Tilray nor AlixPartners, the administrator of the remainder of BrewDog, provided any such information to the self-styled “punk” brewer.Ravi Naik, the legal director at the data protection specialist AWO, said that while it was not clear that a breach of privacy laws had taken place, the case raised significant questions.“I can understand why the individuals have complained to the ICO,” he said. “There seem to be questions to answer and the ICO should explain if they plan to take action on these complaints. Key questions are how the people who received the email were selected and whether the email campaign was compliant with the law.”skip past newsletter promotionafter newsletter promotionA spokesperson for Tilray said the company “did not acquire Equity for Punks shareholder data as part of its acquisition of the BrewDog brand and assets; that records system remains under the control of BrewDog plc (in administration).“For the avoidance of doubt, Tilray Brands (trading as BrewDog) and its current management team have no involvement in, affiliation with, or responsibility for James Watt’s business activities, including Second Best.“Tilray Brands did not authorise, facilitate, or participate in the communications reportedly sent to former Equity for Punks investors and did not authorise the use of any acquired data for such purposes.“We take data privacy with the utmost seriousness and can categorically confirm that no data held by Tilray Brands has been shared with external entities or former directors. All communications with our customer base are conducted in strict compliance with GDPR.”The ICO said it did not comment on individual cases but all complaints were considered in line with its standard process.The Guardian has approached AlixPartners for comment.
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Entities

10 identified
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Keywords & salience

10 terms
data privacy
1.00
gdpr
0.90
brewdog
0.80
james watt
0.80
equity punks
0.70
ico
0.60
personal data
0.50
shareholders
0.50
tilray
0.40
second best
0.40
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Topic connections

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