Our Crowdfunding Network Is Growing Part 33

This week we had a pretty solid workflow perfected for our new capital site.  The securities attorneys gave us some good feedback and we'll get into the guts of building out this part of the site soon.  We have tentatively decided to implement GroundBreaker's solution to avoid building all of the functionality ourselves.  This will save with maintenance going forward and get us up and running quicker.  Hopefully we can have this integration work done in the next month and be fully functional with BankBox to take in funds.  One thing we may end up having to sacrifice for this choice is using Crowdentials instead of Crowdbouncer for our reasonableness checks.  I am less concerned about this than I once was after speaking with CRIFA and some others close to these things.  

Our South Center deal finally got freed up and we should be crowdfunding that through iFunding soon; likely next week.  I plan to raise the money in two tranches if possible.  We have a call set up with iFunding on Monday to discuss the particulars.  

My interview with Texas Real Estate Monthly went well and we should have another article soon to help with advertising.  I also did my first radio show this week with Danny Webber locally.  

We're up to $10.52M on our Fundrise network with 161 investors.  The site still pulls investors regularly, but it remains to be seen how many of those are real and will ultimately end up investing.  Our Inner 10 Capital flow will attempt to weed out people that are not serious while keeping people that are serious from having to jump through too many hoops.  That is a difficult balance to strike so we'll have to see how it goes and adjust things.

Our new portal is marketplace in process, but I am not going to let this gate us from raising money in the short run.  That whole process may take a year or so.  Thus we need a quicker solution.  The quicker solution will be working with iFunding and trying to grow our Inner 10 Capital brand.  I plan to keep both of these options as long as our relationship with iFunding remains strong and they perform.