This post originally appeared on graffagninilaw.com.
New Orleans-based writer Adriana Lopez featured Graffagnini, L.C. client Dinner Lab, a unique consumer dining experience that brings together up and coming chefs with member dinners, in a Forbes.com article that came out today (December 1). The company will now offer investment opportunities to members and more through a Private Placement offering as part of the JOBS Act (Jumpstart Our Business Startups Acts).
Lopez writes, “Dinner Lab has been one of those rare startups that has seen unprecedented success after following a rather unconventional business model. Continuing with that trend, the young company is now taking another alternative route in seeking funding, and pioneering the financing landscape with a new private placement offering.”
“This allows Dinner Lab to sell shares to its members, whether they have a personal pre-existing relationship with the individuals or not, without becoming a publicly traded company,” Lopez explains in the article.
Dinner Lab sent a message to members to gauge interest, received 1,500 responses, and determined that about half meet the requirements to be accredited investors.
Click here to read the full article.