b'4. Choose Your Syndication Modelpool so that your company can become a venture capitalist that in-vests in or acquires small businesses.For a blind pool offering, you will prepare an investment summary or business plan describing the type of assets in which your company will invest, the criteria the assets must meet to be considered for acquisition, and the strategies you will employ to acquire, operate and ultimately dis-pose of them in a way that will generate profit that you can share with your investors. The blind pool structure allows diversification of the investors risk be-cause the company will own multiple assets so it can legally use the earn-ings from one asset to offset losses in another. You or someone on your management team will likely need to demonstrate sufficient knowledge or experience with similar businesses or assets before investors will find your blind pool opportunity attractive. Semi-Specified OfferingThis is a hybrid offering type that combines the elements of a specified offering and a blind pool. In a semi-specified offering, you can raise mon-ey for one or more properties that you already have under contract, and then continue to raise money to acquire additional, similar assets. For a semi-specified offering, you will prepare a property package for the property you currently have under contract, and an investment summary like the blind pool investment summary described above. Its purpose is to describe the business model you will employ for future acquisitions, as well as the track record and qualifications of your management team. Liketheblindpool,yourteamwillneedtodemonstratesufficient knowledge and experience to continue raising money after the first prop-erty is acquired, but it can be easier to get investors interested when you already have something under contract. As with a blind pool, your investors will enjoy diversification of their risk, assuming you actually do acquire additional properties. One of the risks is that you dont acquire additional properties beyond the first one, so the diversification is not realized. Segregated OfferingThis option is another hybrid of a specified offering and a blind pool. For a segregated offering, you will create a series of separate offerings with 29'