Gary
Great Offerings, but the Offer Acceptance Process Needs Better Explanation
Overall positive view of CrowdStreet. I like the upfront legwork they do putting together the various deals, and the consistent manner in which they present them to potential investors. Their new Offer approval and acceptance process seems to be improved a little - at least on the surface (front-end user interface). However, I'm not sure what is different behind the prettier front-end graphics, and the explanations offered to date do not explain the process very well. On a recent offer, I specifically asked a CrowdStreet Investment Relations Manager some specific questions about the way in which the offering process/algorithm handled an investor's "spot in line" on Oversubscribed Offerings, and those questions were not specifically answered. He did clear up a question about the final funding stage that was helpful, but ignored other questions about earlier steps in the offering process. I assume that information is not considered "secret", and will continue to try and better understand this process. But I still love Crowdstreet!




