Our Crowdfunding Network Is Growing Part 3

What a crazy week it has been. We're engaged in talks with iFunding about raising money through their site. I received their JV agreement this evening and sent back several comments to it along with some comments on their NDA. Provided we can get past these issues I think we will probably be raising money on their site soon.

Our Fundrise network continues to grow without much added energy. We're up to 67 investors and $6.08M in potential dollars through the site in about 2 weeks now. I did spend quite a bit of time inviting my network, but most of the people that join find us organically through other means.

One of the BP posters reached out to me to possibly speak on a panel at the Harvard Business School Alumni Association. I have a call set up with he and a colleague to discuss this.

We have also found about 10 reputable securities attorneys at 7 firms to speak with about a new Regulation A+ placement, processes for screening accredited investors when you publicly solicit, and what will work best for what we're trying to do. Our current funds' securities attorney advised us today that we have to cease raising money in our current round and wait 6 months to raise more if we do so under our current structure, which is patently absurd. I am trying to figure out how to avoid this 6-month waiting period right now and will post more if I figure out a way to do so.

Patch of Land, Primaro, and Groundfloor are new crowdfunding networks I found this week and will investigate in the coming weeks.