Hi, I've been a follower of AllSides for a while - I really appreciate the model you're putting forward. Could you explain why you're taking the equity crowdfunding route instead a traditional raise with VC's?

Hi Mirjam- thanks for your question and thanks for using AllSides! Bottom line, we don’t want AllSides to be another media or technology company purely owned and controlled by “big media”, “big tech” or “big money.” Today, AllSides is owned by 24 individuals, and we want to make that number grow. We will likely in the future raise money from more traditional sources, but we want to maximize the ownership and control of regular people to help preserve our independence and mission to strengthen...

Hi there! I'm a fan of the product and hope (for the sake of democracy) that you guys are able to scale quickly. But those financials... what's the path to profitability?

Thanks for the question Will! The short answer is, we expect to be profitable by 2026. Even though we made a small operational profit in 2022, we are in most ways a “pre-revenue” company with our biggest revenue drivers coming or just beginning to scale. In 2023, we began to dramatically increase our investment in new tech products. We did this because we saw both the societal need and tremendous financial opportunity to impact the entire nation and world. I think of our strategy to reach pro...

What is an Allsides Champion?

Hi Kevin- Thanks for your early interest in potentially being an AllSides Champion. We are super excited about what we have been working on for Champions. We just officially launched this week--but more to come very soon. If you click the 'Watch for Updates' button that will ensure that you get the message when we send out all the details on AllSides Champions.

I know very little about stocks etc. Does the money invested buy shares; and if everything goes well, it there eventually a return on investment?

Good and important question. When you invest now in AllSides Technologies (or in another similar company on WeFunder), you are investing at a much earlier stage than you would on the stock market, providing the possibility of a much greater return. You know how companies raise money before they are ever on the stock market and you wondered why you didn't get a chance to invest in those companies? WeFunder makes that type of early stage investing available to the general public, and we here at...

If I invest $250 as an early investor how many shares of stock / stock options will I have in AllSides?

Hi Duncan- When you invest in the stock market, you know exactly the percentage of the company you are getting (invest $1,000 in a $1 million company, you then own one tenth of one percent of the company). For companies at this early stage like AllSides, no one knows what the value of the company really is. So what you are really buying is a convertible note - a promise that your investment will be converted into shares when a valuation of the company has been determined. In the future, AllSi...

AllSides

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I have been a supporter of AllSides and their work for years. I believe in their mission to promote dialogue and discussion and to bring differing points of view together to better understand our world and each other. As we enter another election season, I feel that nothing is more critical than this for a healthy democracy. The work of AllSides, to strengthen our democratic society and to transform how we process all of the information we curate and consume, is noble and necessary.

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