Updates are an awesome tool to utilize to educate and notify your investors of upcoming or recent changes, distributions, refinances, renovations, etc., relating to your project! Updates live directly in the investor's InvestNext portal, but they will receive a notification email that they have a new update to check whenever one is published!
Steps to Create an Update:
Step 1. Navigate to the Communications section on the left-hand side:
Here you will be able to create a new update to be able to add to your investors on the portal! You can embed videos, attach photos and documents, as well as create tables and customize formatting when creating an update!
Step 2: Once you publish, your investors will receive an email notification that there has recently been a new update added to the portal.
The following video walks through the above steps in full to display how an update is created:
IMPORTANT: Why are there both "Associated with..." and "Selected Audience" options for Updates?
In Updates, you can one or both of these options depending on who you wish to share the Update with.
For example: The sponsor would like investors of "XYZ Project" to receive an early update about a new opportunity.
Selecting Select Audience, XYZ Project and NOT associating to any project would serve this purpose.
Select Audience:
You can use both Project filters or User-created filters in the Select Audience field.
When using a Project filter, only investors with a funded Position in a Project will receive this update.
Sometimes sponsors may have a project update that is applicable to others that have an interest in the project but no Position. Using a custom User-Created Filter with those investors will allow them to see the Update as well
Associated with...
Adding a Project in the Associated with... field will also prompt the system to show the "Share" button for any Projects/Capital Raises that have Co-Sponsors linked to them.
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