How important is an investor portal for you as an investor

[Marina Wong]

I have invested in multiple syndication deals with different syndicators. Almost all of them have an investor portal for you to upload documents, sign documents, get your K1 etc. In short, everything is done very professionally. Recently I was introduced by a capital raiser to a family office sponsored deal. I am a bit shocked to find out they don't have an investor portal. I asked them why they don't have one and their answer is this is a small deal and they don't have that many investors for this deal. They have used investor portal / platform in the past. Would this be a red flag for you?