Crowdonomics
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Masterworks 078, LLC

Operating

Alternative Assets · New York, NY

Latest valuation
—
No round has disclosed a priced valuation or cap.
Total raised
$3,330,000
Across 1 round since 2021
Latest share price
$20.00
Reg A+ · Equity · Sep 2021 offering price

Financials

FY2020–FY2022 · from SEC filings · hover any figure for its source
$0
2020
−$330K
2021
−$50K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
FY2022 audited
Income statement
Revenue
$0
—
—
Cost of goods sold
$0
—
—
Net income
$0
-$329,990
-$49,617
Balance sheet
Cash
$100
$105,652
$120
Accounts receivable
$0
—
—
Total assets
$100
$3,105,652
$3,000,120
Long-term debt
$0
—
—
Total liabilities
$0
$233,962
$0
Other
Headcount
0
—
—

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Cap table

Share counts as of Oct 14, 2021
ClassOutstandingVotes / shareShare of totalLast price
Membership Interests1,000—100.0%$20.00Sep 2021

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg A+ · Equity · Sep 2021Closedvia Independent Brokerage Solutions LLC and Arete Wealth Management, LLC
Raised $3.3M / $1.7M

Team

3 people
Nigel S. Glenday
Chief Executive Officer, Chief Financial Officer; Member of the Board of Managers
Joshua Goldstein
General Counsel and Secretary; Member of the Board of Managers

Technologist and entrepreneur with over 15 years of industry experience running ad tech and gaming companies. Adept at developing sophisticated and scalable technologies from scratch and leading teams to execute complex business strategies. Achieved run rates over $25,000,000 with no outside investment dollars. Joshua's full-time role is leading BionicLogic and its subsidiary businesses.

Eli D. Broverman
Member of the Board of Managers; Independent Manager

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-ZJun 30, 20230001493152-23-023042
    EDGAR
  • Form 1-UJun 30, 20230001493152-23-023040
    EDGAR
  • Form 1-KApr 28, 20230001493152-23-014286
    EDGAR
  • Form 1-UApr 3, 20230001493152-23-010596
    EDGAR
  • Form 1-UMar 16, 20230001493152-23-007846
    EDGAR
  • Form 1-UMar 10, 20230001493152-23-007191
    EDGAR
  • Form 1-UJan 5, 20230001493152-23-000595
    EDGAR
  • Form 1-UNov 4, 20220001493152-22-030514
    EDGAR
Source: SEC EDGARCIK 0001882020DEShare price $20.00Last synced Aug 16, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.