Constantine Rousouli’s Instagram is your typical Broadway showman’s feed: career updates, European vacation snaps, talk show clips. But in January, the co-writer and co-star of Titanique posted something that definitely stood out: an invitation to invest in his upcoming Broadway show.
“FINAL CALL!” the Instagram story read. “A very limited opportunity to get involved with TITANIQUE on Broadway as a Co-Producer/Investor. Few slots left — DM me. Serious inquiries only.”
That’s language more commonly used to unload credenzas on Facebook Marketplace than to solicit Broadway backers. It’s also potentially problematic. The LLC behind Titanique‘s fundraising — the gloriously named Kooky Krazy Broadway Ltd. Liability Co. — had filed for a Rule 506(b) exemption, which allows companies to raise money from private investors without registering with the SEC, but only if the offering stays private. No advertising, no public solicitation. Posting on Instagram — one of the most
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