Our Crowdfunding Network Is Growing Part 46

We're putting the finishing touches on our new single-purpose raise offering circular for preferred equity.  Once our new portal is open we'll use these documents for our deals and the deals of other developers we know.  The portal is taking longer than expected because we have simply been too busy to work on it much with our business doing so well.  This is a good problem to have I guess.

Our Fundrise network is up to 218 investors with $12.46M to invest.  Our overall count is much higher and we have pulled 47 new investors through our skeletal new site.  Once the portal is up and running along with our other marketing campaigns I expect to have that many folks joining our network per month at a minimum.  

Our CRM is almost set to be configured with new investor states.  We are bringing on a new partner with a marketing background to run this, the campaigns, and the business rules around all of it.  Marketing assets will be needed along with sales teams once all of this is ready.

We're closing several deals on the sale side between now and the end of the year.  I expect for our portal to be ready by the end of the year and to have some skeletal marketing campaigns running in addition to the one running to doctors right now.  

We haven't explored posting new deals on any new third party sites of late.  This is mainly because we have been focusing on selling stuff.  We haven't ruled out doing this going forward, but we'll be inclined to do stuff on our own site even though it may be harder to raise money like that in the short run.  Over the long haul it will be an investment though.