Table of Contents
Do people make money from Wefunder?
The amount you may earn depends on the type of investment contract the company is offering. There are four classes on Wefunder: Unlike a loan, a revenue share returns a fixed amount of money (such as 2X your investment), but the time it takes to repay depends on how well the business does. …
How much has Wefunder raised?
Headed by founder and CEO Nick Tommarello, Wefunder says investors have contributed more than $5 billion to startups after the companies were first funded on the platform. The investing platform has more than 997,000 investors.
What is the average investment on Wefunder?
$350
The median investment amount on Wefunder is $350. 70\% of investments typically come from the company’s network. Look for companies you’d invest in personally. Aim for startups that can potentially raise a minimum of $100,000.
Who is the CEO of Wefunder?
Russell Smith
Wefunder/CEO
How does Wefunder say that it is different than Kickstarter?
Wefunder lets investors own a small stake in your company, while Kickstarter allows you to sell products. We think Kickstarter is super cool, but a customer is very different than an investor. A customer just expects a product – an investor wants to help your company long-term.
Where is Wefunder based?
San Francisco, California
Wefunder is a crowdfunding service which connects startups with investors online….Wefunder.
| Industry | Crowdfunding |
|---|---|
| Founders | Nick Tommarello Mike Norman Greg Belote |
| Headquarters | San Francisco, California , United States |
| Services | Entrepreneurship, startups, investment |
| Website | wefunder.com |
When was Wefunder founded?
2011
Wefunder/Founded
How do I get my money back from Wefunder?
When you cancel your investment or a campaign fails, a refund will automatically be sent back to the bank account or credit card that was used to make the investment. If you sent a check or a wire, you will receive an email with instructions to send us your wire or bank account info before we can send the refund.
How many users does Wefunder have?
We currently have 2,446,052 registered investors on Wefunder.
How much money has Wefunder raised?
Though Wefunder has helped companies raise over $122 million in investments, consider the fact that Kickstarter, the leading rewards crowdfunder, has seen the raising of over $5 billion thus far. Clearly, Regulation Crowdfunding, being only 4+ years old at this point, is not a mature industry.
Is Wefunder the best platform for Regulation Crowdfunding?
However, Wefunder is the one platform that has thrived in this new realm. More than any other platform, they stand to take off in the event that Regulation Crowdfunding starts showing the potential that analysts had hoped it might.
How does Wefunder compare to the stock market?
Moreover, Wefunder describes the investments on its platform as more binary than the stock market, meaning stock market returns can vary over time, while startups typically see either success or failure. So if you’re new to investing]
What is a lead investor on Wefunder?
This is all highly visible for companies with Lead Investors, although there’s no guarantee every company will have a Lead Investor. It’s also important to note the Lead Investors are part of a group called the XX Team, which acts as the mentors and advisors to the startups on Wefunder.