Our Crowdfunding Network Is Growing Part 58

Success!  Today we received the last wires for our Overbrook project, which is our first crowdfunded project on our new website.  The tiny $195k raise will be wired from our broker-dealer to title tomorrow for our Wednesday closing.

This weekend I spoke at David Drake's conference in Dallas.  There were several great speakers from the industry at the meeting and I made some great contacts.  I'm hoping to set up a relationship with Patch of Land to co-raise money on debt projects going forward since they're using 506(c).  I met with their CEO, Jason Fritton, and discussed some details about this type of arrangement.  Hopefully we'll figure something out in the coming several weeks.  

We're working through final edits for Inner 10 Capital, LLC.  I also met with the head of the NEST Program at DLA Piper today and will probably start writing a business plan in the coming few months.  There are several advisers helping us with the company formation and targets.  We have a lot of work going on with improving our site and processes for our second raise, which we hope to start on after this current one is fully wound up.  

Our marketing processes still need work and the team is working on them.  My hope is to attract double-digit investors to our site each day sometime soon.  Our reporting is still pretty bad so I am not sure we could track things well for now.  Hopefully this and our list cleanup will get fixed in the coming few weeks.