What is a Soft Reserve?
Our offerings are released to you via email and included in the offering email with the option to submit a soft reserve. You will click on the soft reserve button (or link) to submit your information in order to reserve your spot in the offering.
The soft reserve is simply a way for you to reserve your spot in the offering early in the process. Our most recent offering that closed back in October 2019 filled up within 10 days and since that last offering we have added over 300 more investors to our investor roster. Yes, you heard that correctly. Each month we are adding between 80-100 new investors and our offerings are filling up quickly.
This soft reserve option is just like it sounds. It is a “soft commitment” to let us know that you have the funds right now to invest and you would like to reserve a certain amount in the offering while you take additional time to review the documentation.
If you decide not to submit your soft reserve until after you have reviewed the documentation, then you risk losing a space in the offering. In the offering we did back in October 2019, the project filled up so fast that we had over $2,000,000 in additional soft commits that had to be put on a waiting list.
Submitting Your Soft Reserve
I would strongly encourage you to submit your soft reserve as fast as possible if you are interested at all in investing alongside us on our next offering. You will still have plenty of time to review the documentation prior to making your final decision.
If you decide you do not want to invest in the offering after reviewing the documentation in more detail, then you can simply send us an email to let us know so we can give your spot to another investor that is next in line on the back up investor list.
Three Strikes and You’re Out!
One thing to keep in mind is that we do keep a spreadsheet of the investors that habitually submit soft reserves and then back out after reviewing the documentation. If you back out of your soft reserve three times in a row, then you will be automatically removed from our investor roster and will not be notified of our future offerings. Backing out of three soft commitments in a row also tells us that you may not like the way we structure our offerings and we are not a good fit for each other. If you have any questions about the soft reserve process you can reach out to our investor relations team who is in charge of this process.