I’m going to veer from my regular script this week. In this blog, I generally write between 750 and 1,000 words about trends in online capital formation. Usually, I weave in personal anecdotes to make things fun and interesting. But this week I’m keeping my message concise and I’m keeping it focused on one thing: Why I love Regulation D Rule 506(c).
We’re closing a $1 million convertible debt offering for my own company, Dealflow Analytics Inc. (a/k/a Dealflow.com). There has been good appetite for the deal including people who have invested with us through what I call “the machine” — that is, through marketing channels we’ve developed at Dealflow.
It’s because of Rule 506(c) — and specifically the ability to advertise the deal — that I can present our investment opportunity to an active readership of about 11,000 (with astonishingly high open rates, I might add!).
If you follow this blog, then you already know how quickly things are changing in the capital markets and how big the move toward online capital formation is. So it should come as no surprise that I’m using our own “machine” to close out this round of investment.