Crowd Street

Financial Operations and Advisory
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123 reviews
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Customer Reviews about

Crowd Street

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Thomas

4.00/5.00

"sponsors should be required to report quarterly."

i own 10 projects over the past year. After a learning curve the process improved.
The moderators of the webinars need to dress and present as more professional and business oriented.
The sponsors are mostly poor at even quarterly updates. I have found them to be responsive to questions but seems crazy that they need to answer similar questions repeatedly when more regular reports would solve the problem.

12/04/2021

Ali

4.00/5.00

"Good site to find private equity deals"

Good site to find private equity deals. However, you need to do YOUR due diligence. CS is a marketplace for deals, and although they have their own process to filter out sponsors, they do not undertake the risk, you do. It’s not like Costco where you can return a defective product to the store vs the manufacturer. Look around the site, review track records, and talk to the sponsors and make sure what they write in their offering documents is plausible.

12/04/2021

Robert

5.00/5.00

"Great platform"

Great platform, plenty of deals. They are also improving quality of sponsors over the last couple of years.

12/04/2021

David

2.00/5.00

"Early on it Was Good, But Now Lacks Customer Service"

Early on, I really liked Crowdstreet. I think they grew a little too fast and customer service took a nose dive. It became too difficult to get into investments that I liked and several deals were not well vetted and the operators failed to perform or even provide basic accounting and Crowdstreet did very little to assist the investor. They never seemed to care about the investors, just making their cut of the deals. After investing just over a million dollars through Crowdsteet, I stopped even looking there for deals and now invest elsewhere.

12/04/2021

Adi

2.00/5.00

"I invested over a quarter million…"

I invested over a quarter million dollars on Crowdstreet , but I stopped giving them my money. Most deals are either modified drastically from the original terms or stuck in limbo without much investor updates. On most of their forums, I see investors clamoring for some sort of updates, but Crowdstreet is completely silent and absent.
And regardless of whether you make any money or not, Crowdstreet does get paid very generous fees by the project sponsors.

12/04/2021

Clive

3.00/5.00

"Better Post-Close Monitoring would differentiate CrowdStreet"

My experience with CrowdStreet has primarily been positive. The area where I think CrowdStreet could improve and compete better with some of its competitors is in post-close deal monitoring and communication with sponsors and investors. The deals where they're not going according to plan or where communication is missing, I find myself feeling as if I'm on my own with little or no support from CrowdStreet.

12/04/2021

MR

5.00/5.00

"Professional, broad offering and well resourced."

We’ve used crowdstreet for a number of years and for over 25 different transactions. The website has continued to evolve during this time and done so in a positive way, easier to navigate, easier to fill out the paperwork and keep track to it at the same time. The offerings have continued to be of high quality and there is a brand spectrum of areas in which to invest which adds to the usefulness of crowdstreet. In the early days the helpline/support component of crowdstreet was poor to say the least. Crowdstreet was aware of this and to give them credit response times have improved. There remains room for improvement but the direction of travel is in the right way.

12/04/2021

Siva

5.00/5.00

"Great offerings"

Great offerings. Smooth process. Very responsive.

12/04/2021

Art Avitia

5.00/5.00

"CrowdStreet is great"

CrowdStreet is great. Awesome platform and very good customer service.

12/04/2021

Gary

4.00/5.00

"Great Offerings, but the Offer Acceptance Process Needs Better Explanation"

Overall positive view of CrowdStreet. I like the upfront legwork they do putting together the various deals, and the consistent manner in which they present them to potential investors.

Their new Offer approval and acceptance process seems to be improved a little - at least on the surface (front-end user interface). However, I'm not sure what is different behind the prettier front-end graphics, and the explanations offered to date do not explain the process very well.

On a recent offer, I specifically asked a CrowdStreet Investment Relations Manager some specific questions about the way in which the offering process/algorithm handled an investor's "spot in line" on Oversubscribed Offerings, and those questions were not specifically answered. He did clear up a question about the final funding stage that was helpful, but ignored other questions about earlier steps in the offering process. I assume that information is not considered "secret", and will continue to try and better understand this process.

But I still love Crowdstreet!

10/04/2021
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