We've been saying for months how quickly Alpha Round deals can fill up, and … It just happened. Again!
A note from the Editor: At Oracle Of Omaha Says, we keep an eye out for favorable circumstances we believe will interest our readers. The following is one such message from one of our colleagues I think you'll appreciate.
Dear Subscriber,
We’ve been saying for months how quickly Alpha Round deals can fill up, and …
It just happened.
Again!
Social media company Substack held its first Equity Crowdfunding raise.
They invited regular non-accredited investors to invest in return for an early stake before any future IPO or buyout.
Result: This private deal is now full, raising an astounding $5 million in just one day!
In fact, it’s oversubscribed, with even more investors on a waitlist, hoping they can get in.
The lesson is clear: When you see a private deal you like, you’d better not dilly-dally.
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