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February's Alternative Asset News, Articles, and Guides
The latest on alternative investments from February
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What's In This Issue
Welcome to Asset Scholar's second monthly newsletter!
This edition has:
Commentary On The Pace Of Offerings In February
Alternate Investing News Articles from February
New Educational Investing Resources from February
‼️ TOP STORY
Is The Hibernation Ending?
The topic of one of our articles last month was Here's relative lack of new offerings on the platform.
It was particularly noteworthy against the backdrop of how much their rate of offerings had ramped up in the middle of 2022 and their large equity crowdfunding campaign. They were far from alone in seeing a slowdown.
Arrived
As we noted in that same article, Arrived Homes also stopped launching new offerings. They put several up for preview, but nothing was available for investors until this month. Once the dam broke, there were 4 vacation rentals and 2 long term rental properties that launched in short succession.
Investors were very eager to jump on the new wave of investments on Arrived. According to the Co-founder, the launch of 4 vacation rentals set a record on the platform - $3.4M of shares sold out in 2 hours.
Here
Shortly after we talked about their lack of offerings, Here got up their Mountaineer offering in the Blue Ridge Mountains in Georgia.
After shaking off the rust, it looks like they're also hard at work to rebuild a consistent offering flow. They have submitted another offering in the Lake of the Ozarks with the SEC. Last year Here was notable for the variety of markets they tried to launch offerings in, so it's a welcome site to see them bringing something unique to the platform again.
AcreTrader
After their January 9th offering in Minnesota, things were pretty silent until mid-February. Their Rossville Farm offering in Illinois was the lone offering for February, but it hopefully foreshadows an increase in new investment opportunities.
Additionally, AcreTrader announced that things were progressing on their Broker-Dealer registration with FINRA. Once this is complete, it may help to open up new opportunities.
Vint
Vint, the fractional wine and spirit investing platform, may have had the longest slumber of all the platforms on this list.
After a steady pace of offerings throughout last summer, things came to a complete halt around mid October. In late December they announced a $5M seed round, but that still wasn't enough to break the ice. Everything remained quiet through January.
The second half of February is when everything changed. Since first announcing new collections on February 16th, they've launched 6 new collections. All 6 met with ample investor demand and sold out very quickly.
The most interesting question is whether this was just a bit of "catchup." Did they launch the offerings that would have gone live in January alongside their February lineup? Or is this going to be a pace of offerings they sustain for an extended period of time?
General Commentary
These weren't the only platforms to see offerings slow down during the winter, but they were some of the most noticeable for us.
As we see these platforms scale up and mature their operations and processes, hopefully we will see a more consistent flow of offerings. The pent-up-demand for the February slate of offerings made it very difficult for investors who didn't act fast enough to secure an allocation of shares.
If comments on social media are any indication, many investors were frustrated by their experience trying to invest in these offerings. Beyond just customer satisfaction, it's also not a great look for the alternative investment space for purchasing shares in an investment opportunity to turn into a race.
📰 LATEST NEWS & ARTICLES
Roundups
Special News
📚 NEW RESOURCES
Vinovest Vs Vint
Do you want to invest in wine and spirits for uncorrelated appreciation? Find out whether Vinovest vs Vint is the right fit to get started for less than $100.
Accredited Investors And Their Opportunities
What is an accredited investor? Are you one? Should you want to be? Here's how to tell if you're accredited, how to prove it, and what it does for you.
Royalty Exchange Overview
Royalty Exchange allows investors to trade music royalties on primary and secondary markets. Learn more about this platform with lots of big royalty catalogues.
🌐 SITE
February saw us complete our updates to the Royalty Exchange overview. The 4 overviews we currently have (Royalty Exchange, ANote Music, Royal, and SongVest) will be the main pillars of our music royalty resources for some time.
There are a few other platforms we're keeping an eye on that we may write about in the future. We're also on the lookout for whether demand exists for comparison articles between music royalty investing platforms.
With the addition of our Vint and Vinovest comparison, we added resources for a new asset class (wine and spirits) for the fourth consecutive month.
Lastly, we added a general education article about accredited investors. We'll also look to provide more of this type of content from time-to-time.
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