Add New Reservation
Creating a reservation helps you garner interest and take soft commitments for your deals long before you're ready to take actual investment requests.
Here's an example of what you can tell your investors:
"Our deals fill up FAST, so we highly recommend making a reservation. It's a non-binding commitment but it will give you a priority over those who don't make a reservation and we'll also make sure we keep you updated as the deal becomes available."
As you drive people to make reservations you;
(1) better understand how much investor demand you have which helps you plan
(2) create a warm list of prospects to treat as a priority once you start accepting investments
(3) create a sense of fear of missing out among your contacts
Even if you don't have your next investment identified you can post a reservation that more broadly talks about what you expect your next deal to look like and still take reservations. It's a great way to engage with your investors and prospects when you aren't actively raising capital.
You will see the "Add New Reservation" button on the portfolio page.
Convert to Offering
Once you have all of your offering documents and you're ready to start accepting investments you can click the "Convert to Offering" button. This will not trigger a notification to any users. This gives you time to update the offering details e.g. create eSign Templates and add Funding Instructions.
Once the offering details are setup, then you can email your contacts to announce that you're now accepting investments.
Those with reservations will need to then invest in the offering.
You can email everyone who made a reservation through the Email page. You will notice the list of people who made a reservation under the "Recipients" option.
You will also see this reservation list as a "Visibility" setting on the Offering Details tab in case you want to first publish the deal to only those who made reservations.
Prospecting
Everyone who made reservations will be listed on the "Reservations" tab of the offering. The platform will automatically keep track of who converts to an actual investment to help you prospect.
