Yes! Our goal is to democratize venture capital. We don't believe the best investing decisions in early-stage startups are made by MBA's in suits on Sand Hill Road. They are made by operators on the ground within each industry.

You get inside access to see how experts vet startups. You can view the deal memo and decide if you want to invest personally yourself. We expect this is a good way for new investors to learn the ropes. It's also a fun way to learn about an industry or meet interesting people.

If you decide to get more involved, you can get promoted to a partner, and earn carried interest.

Fund managers can promote members to partners. Each fund has their own criteria. Generally, the best way to become a partner is to establish a reputation as a helpful human. Help find, vet, or mentor startups.

You earn carried interest. Each fund divides 15% carry between partners, based on their contributions on that deal. This is how VC's are paid. You are a part-time VC.

Let's say the fund invest $100,000 in TheNextUber at a $10M valuation. Six years later, TheNextUber files for an IPO, and that stock is sold for $50.1M. The fund partners divide 15% carry. That is $7.5 million ($50,100,000 proceeds - 100,000 initial investment returned to investors * 15% carried interest).

The fund managers decide how to allocate carried interest. It varies from fund to fund. Generally, most funds give the largest chunk (up to 10% carry on a deal) to those who find startups and act as a lead investor. A smaller portion (perhaps 1% on a deal) is allocated to those who vet or mentor startups.

It can be as little or as much as you want. There is no commitment. Stop anytime.

We expect that the best members are often very busy with their full-time jobs or running their own startups. If you have a couple hours per month to do one single useful task (i.e., holding office hours to mentor a founder or vetting a startup), that is very helpful.

There is no paperwork for members. You are volunteering your time.

If you decide to earn carried interest as a partner, Wefunder Advisors must hire you as an independent contractor. You then have a duty to disclose any conflicts of interest, and to act in the best interests of the limited partners in the fund.

Under current federal law, only accredited investors (those earning $200k+ per year or over $1m in assets) may invest in Funds.

If you are an accredited investor, you can view which funds are actively fundraising.