Boardy.ai: Our Inaugural 506(c) Offering — 0% Carry for Deal Sheet Members

a newsletter about VC syndicates

We're excited to share a milestone moment with our Last Money In community. For the first time, we're opening up participation in one of our investment deals to accredited investors through a public offering under Rule 506(c).

This represents a significant evolution in our approach to deal-making. While we've traditionally operated in the private investment space, we believe that creating more accessible investment opportunities - while maintaining rigorous standards - allows us to better serve both promising companies and interested investors.

Our inaugural public offering centers on Boardy.ai, a founder we're particularly enthusiastic about. The company's leadership team shares our vision for transparent, community-driven fundraising, making them an ideal partner for this new chapter.

As with all our investments, we've conducted thorough due diligence and structured this opportunity to align with our established investment principles. The key difference is that we're now able to share these opportunities more broadly with qualified investors.

This post constitutes an announcement only and is not an offer to sell or a solicitation of an offer to buy any securities. Any such offer will be made only through appropriate private placement documentation. This is not an offering memorandum.

The Opportunity: Boardy.ai - Reimagining Professional Networking Through AI

We're thrilled to present our investment opportunity in Boardy.ai, a revolutionary professional networking platform that's reimagining how meaningful connections are made through AI technology. Led by Andrew D'Souza, the founder who previously scaled Clearco to $100M in revenue and a peak $2.5B valuation, Boardy.ai has already attracted investment from premier venture firms including 8VC, Afore Capital, Precursor Ventures, NextView, and Soma Capital.

Why Boardy.ai Stands Out

Boardy.ai represents a fundamental shift in professional networking. While traditional platforms like LinkedIn have become increasingly static and engagement-driven, Boardy leverages the power of conversational AI to create genuine, valuable connections. Here's how it works:

  1. Users simply provide their phone number to get started

  2. They receive a call from Boardy, an AI assistant

  3. Through natural conversation, users share their current projects and goals

  4. The AI analyzes the network for relevant connections, considering both professional alignment and personality compatibility

  5. Users can engage weekly for continuous networking opportunities

The platform has already demonstrated success in several key areas:

  • Connecting founders with potential customers and investors

  • Facilitating introductions to accelerator programs

  • Matching co-founders

  • Creating valuable connections within the VC ecosystem

Why Now?

We believe Boardy.ai is positioned at the perfect intersection of market timing and technological capability. Traditional social media-based networking has reached a saturation point, with platforms optimized for engagement rather than authentic relationship building. Conversational AI has reached a breakthrough point - what we might call the "conversational singularity" - where AI-driven interactions can be as effective (if not more so) than traditional networking methods.

The vision extends beyond simple networking - Boardy.ai is building a networked intelligence. By routing the right requests to the right humans at the right time, the platform has the potential to accelerate problem-solving across industries and domains.

Recent Momentum

The company recently announced the successful close of their $3M Seed round, with participation from an impressive roster of investors including 8VC, Afore Capital, FJ Labs, Precursor Ventures, NextView, Soma, and HF0.

Special Offer for Deal Sheet Subscribers

As part of our commitment to providing exceptional opportunities to our community, Deal Sheet subscribers can invest in Boardy.ai with 0% carry fees.

Investment Details and Documentation to Evaluate Boardy Here

While our standard investment vehicles carry a 20% profit share (carried interest), we're offering a unique opportunity for Deal Sheet subscribers to invest in Boardy.ai with 0% carry. This means Deal Sheet subscribers keep more of their profits from this investment.

As a reminder, Deal Sheet is our curated premium investment newsletter that gives subscribers exclusive access to some of the most promising venture capital investment opportunities. Subscribe to Deal Sheet today to unlock preferred terms on the Boardy.ai investment and future opportunities: Deal Sheet Subscription Link

**This section provides an overview of the investment opportunity and is not a complete description of all material terms. Please refer to the full investment documentation for complete information.

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✍️ Written by Zachary and Alex