{"data":{"type":"company_profile","id":53463,"entity_id":"wefunder:company:53463","attributes":{"canonical_url":"https://wefunder.com/lil.libros","generated_at":"2026-06-08T02:54:51Z","updated_at":"2026-06-07T05:02:04Z","entity_ids":{"company":"wefunder:company:53463","slug":"wefunder:company_slug:lil.libros"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-08T02:54:51Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-07T05:02:04Z","as_of":"2026-06-08T02:54:51Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-07T05:02:04Z","as_of":"2026-06-08T02:54:51Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-01-05T21:46:17Z","as_of":"2026-06-08T02:54:51Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-01-05T21:46:17Z","as_of":"2026-06-08T02:54:51Z","confidence":"medium"}}},"company":{"id":53463,"entity_id":"wefunder:company:53463","slug":"lil.libros","name":"Lil' Libros","tagline":"The #1 family-trusted bilingual children's media publisher built by community.","elevator_pitch":"Lil’ Libros is a family-trusted bilingual children's media publisher that has been built by our community. For the first time in history, you can own a piece of a leading independent book publisher. Lil’ Libros is committed to creating books with a focus on own voices while showcasing the quality and richness of our stories that will delight all\u0026nbsp;children and adults alike.","story":"As mothers and women of color, our goal is to share our language, culture, and stories with our children. Quality and authentic\u0026nbsp;bilingual children's books are hard to find, a problem traditional publishers fail to prioritize, despite the fact that\u0026nbsp;1 in 4 children in the U.S. are Latino -- a\u0026nbsp;challenge millions of families continue to experience.\u0026nbsp;\u0026nbsp;\u0026nbsp;To fill the gap, we created Lil' Libros and have sold over 1.5 MILLION books worldwide with consistent year-over-year growth. We celebrate the American-Latino experience\u0026nbsp;by creating books and products\u0026nbsp;that reflect our identity, culture, traditions, and history.Our goal is to open a world of possibilities by sharing our mission with YOU!\u0026nbsp;\u0026nbsp;Let's\u0026nbsp;become the first children's book publisher that's owned by our community.Until recently, our community wasn't able to invest in start-ups because only the wealthiest were legally allowed. However, now with recent changes to securities laws, even your abuelita can INVEST!We’ve spent our entire lives supporting brands and giant businesses that monopolize markets and lose sense of community.\u0026nbsp; Now you have the opportunity to be part of the FASTEST GROWING bilingual independent children’s media company while working toward building wealth and fixing the lack of resources, a\u0026nbsp;problem we've been facing for generations.\u0026nbsp;Let's create better opportunities for the next generation, and prepare our children for the future.The Problem:\u0026nbsp;Lack of representation and limited resources continue to create negative long-term effects.Our Solution:\u0026nbsp;Solving the problem requires a strategy and addressing the foundation of the issues.Our books connect with our customers in ways that no other publisher can. Our high-quality, richly-illustrated titles,\u0026nbsp;cover a wide range of topics and subjects for ages 0-8, the most critical age in children.Our products go BEYOND books! We're taking these beloved stories and creating innovative consumer products that promote\u0026nbsp;learning experiences across all areas crucial to the development of young minds.\u0026nbsp;If 2020 taught us anything, it's that parents are seeking quality tangible content and real life experiences for their\u0026nbsp;children and our numbers show.In 2020, one of the most challenging years on record for small businesses, our gross revenue increased by 18%.People love us! And our NUMBERS show.Our customers connect to our content!Our reach grows daily!With only 36 titles, we've sold over 1.5 MILLION books across the globe.Our success has been organic. We've been able to scale our business through a grassroots approach and the power of word-of-mouth. The power of mothers discovering Lil' Libros from other mothers has been a successful strategy.\u0026nbsp;\u0026nbsp;We have become a leader in the marketplace with shelf space at big box stores, high-end boutiques, museums, and over 2,500 independent retailers worldwide.\u0026nbsp;We've been featured in The New York Times, CNN, Forbes, The Washington Post, Los Angeles Times, and more!Our team is majority women-operated.\u0026nbsp;Our full-time employees receive company shares and retirement benefits.This is only the beginning. With your investment, we plan to substantially increase our book catalog, implement a subscription membership, create additional consumer products, and more!Our forecasted revenue increases as we grow our publishing catalog, and introduce more products and subscription membership.You can be part of this growth!Join our mission\u0026nbsp;to create content that is reflective of our children's culture and life experiences. Let's\u0026nbsp;give parents the access to resources\u0026nbsp;their children need\u0026nbsp;to succeed in a global society.\u0026nbsp;We also believe that you should own the companies you love and put your money in. This is how we build wealth for our children and families. What are you waiting for? Let's do this! Let's create beautiful stories, build generational wealth,\u0026nbsp;and change the world.","location":"Los Angeles, CA","website":"https://www.LilLibros.com","total_amount_raised":2485784,"total_investors":5896,"is_funded":true,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/lil.libros","https://www.LilLibros.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/53463/xxl_cropped_Screen_Shot_2020-11-12_at_2.18.16_PM.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/53463/large_cropped_LilLibros_vertical_logo.gif","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/53463/standard_cropped_Screen_Shot_2020-11-12_at_2.18.16_PM.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/53463/standard_cropped_Screen_Shot_2020-11-12_at_2.18.16_PM.jpg","profile_video_url":"https://wefunder.wistia.com/medias/950o6zmtxv"},"links":{"company_url":"https://www.LilLibros.com","facebook_url":"http://www.facebook.com/LittleLibros","instagram_url":"http://www.instagram.com/Lil_Libros"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"$1.7 MILLION gross revenue in 2020; $1.4 MILLION in 2019; $1.2 MILLION in 2018"},{"index":2,"claim_id":"claim-fact-2","value":"Over 1.5 MILLION children's books sold worldwide"},{"index":3,"claim_id":"claim-fact-3","value":"Sold at Target, Barnes \u0026amp; Noble, Walmart, MoMA, Whole Foods, Amazon, and 2,500+ independent retailers"},{"index":4,"claim_id":"claim-fact-4","value":"18% YoY gross revenue growth in 2020, one of the most challenging years for small businesses."},{"index":5,"claim_id":"claim-fact-5","value":"Strong direct-to-consumer (B2C) sales with 53% year-over-year (YoY) growth in 2020"},{"index":6,"claim_id":"claim-fact-6","value":"Consistent business-to-business (B2B) sales with 24% YoY growth in 2020"},{"index":7,"claim_id":"claim-fact-7","value":"300K+ social media reach across all platforms"},{"index":8,"claim_id":"claim-fact-8","value":"100% Latina-owned"}],"team":[{"id":1535261,"entity_id":"wefunder:company_role:1535261","role":"founder","name":"Patty Rodriguez \u0026 Ariana Stein","title":"Founders","bio":"Lil' Libros was founded by two mothers, Patty Rodriguez and Ariana Stein, to encourage reading in two languages at the earliest age with books that celebrate inclusivity, different cultures, and authenticity.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1535261/square_cropped_together.jpg?1625688442","related_urls":[]},{"id":829544,"entity_id":"wefunder:company_role:829544","user_entity_id":"wefunder:user:477296","role":"founder","name":"Ariana Stein","title":"CEO + Co-Founder","bio":"12+ Years in Entrepreneurship, Business Degree, Goldman Sachs 10K Small Business Alumni, Entrepreneur of the Year Award recipient, and mom.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/829544/square_cropped_ariana_white.jpg?1625182533","profile_url":"https://wefunder.com/arianastein2","linkedin_url":"https://www.linkedin.com/in/ariana-stein-a042833/","related_urls":["https://wefunder.com/arianastein2"]},{"id":836586,"entity_id":"wefunder:company_role:836586","user_entity_id":"wefunder:user:602886","role":"founder","name":"Patty Rodriguez","title":"CCO + Co-Founder","bio":"One of the most influential American Latino leaders in the country. 20+ yrs experience in entertainment, media, and marketing. Producer and on-air talent at iHeartMedia's On Air w/Ryan Seacrest. 2019's California Woman of the Year. Mom of 2 boys.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/836586/square_cropped_patty_white.jpg?1625182538","profile_url":"https://wefunder.com/pattyrodriguez2","linkedin_url":"https://www.linkedin.com/in/patty-rodriguez-b835014/","related_urls":["https://wefunder.com/pattyrodriguez2"]}],"featured_investors":[{"id":5626,"entity_id":"wefunder:company_investor_profile:5626","investor_profile_id":1006830,"investor_profile_entity_id":"wefunder:investor_profile:1006830","subject_entity_id":"wefunder:user:1480984","name":"Veronica Garza","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/1480984/medium_cropped_CBAB1296-F8B6-4CC3-9DB0-158428A0EF0B.jpg","profile_url":"https://wefunder.com/veronicagarza","investment_total":10000,"investment_info":"Invested $10,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/veronicagarza"]}],"investor_memos":[],"tab_counts":{"posts":10,"ask_questions":185,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":29347,"entity_id":"wefunder:fundraise:29347","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":5000000.0,"minimum_target":"500000.0","maximum_target":"5000000.0","funding_started_at":"2021-11-29T23:35:08Z","funding_closed_at":"2022-05-02T05:02:51Z","auto_close_at":"2022-05-01T03:59:59Z"},{"id":42181,"entity_id":"wefunder:fundraise:42181","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":5000000.0,"minimum_target":"500000.0","maximum_target":"5000000.0","funding_started_at":"2021-06-30T00:36:48Z"}],"latest_fundraise":{"id":29347,"entity_id":"wefunder:fundraise:29347","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2021-11-29T23:35:08Z","funding_closed_at":"2022-05-02T05:02:51Z","terms":{"eb":null,"nb":"$11M","txt":"pre-money valuation"}},"recent_posts":[{"id":158762,"entity_id":"wefunder:feed_item:158762","type":"FeedItem::Update","visibility":"public","title":"BIG NEWS! STRATEGIC PARTNERSHIP WITH BITTY BAO","preview":"BIG NEWS! STRATEGIC PARTNERSHIP WITH BITTY BAO","published_at":"2022-10-13T23:41:47Z","author_name":"Ariana Stein","url":"/feed/158762","canonical_url":"https://wefunder.com/feed/158762"},{"id":154974,"entity_id":"wefunder:feed_item:154974","type":"FeedItem::Update","visibility":"public","title":"5 DAYS LEFT TO CONFIRM YOUR INVESTMENT!","preview":"TIME IS RUNNING OUT. CONFIRM YOUR INVESTMENT TODAY!Set your rockets and get ready to blast off into space! Our ground-breaking publishing company is heading for the stars, and there are only a few more days left to confirm your seat and investment on this most extraordinary ride.Lil’ Libros has a ton in store for our community, including more appearances at events like theCity of STEMin Los Angeles, where families got the opportunity to meet Dr. Ellen Ochoa, the first Latina astronaut in spac...","published_at":"2022-04-26T04:37:25Z","author_name":"Ariana Stein","url":"/feed/154974","canonical_url":"https://wefunder.com/feed/154974"},{"id":154973,"entity_id":"wefunder:feed_item:154973","type":"FeedItem::Update","visibility":"public","title":"Our Gross Sales Keeps Growing Year-Over-Year!","preview":"Last year's revenue exceeded 2020's annual income by $150K! Our growth continues to stay strong and consistent!","published_at":"2022-04-26T04:32:02Z","author_name":"Ariana Stein","url":"/feed/154973","canonical_url":"https://wefunder.com/feed/154973"},{"id":154971,"entity_id":"wefunder:feed_item:154971","type":"FeedItem::Update","visibility":"public","title":"Dedicated Floor Display at Meijer Stores to Commemorate Hispanic Heritage Month This Fall!","preview":"Dedicated Floor Display at Meijer Stores to Commemorate Hispanic Heritage Month This Fall!","published_at":"2022-04-26T04:21:08Z","author_name":"Ariana Stein","url":"/feed/154971","canonical_url":"https://wefunder.com/feed/154971"},{"id":154970,"entity_id":"wefunder:feed_item:154970","type":"FeedItem::Update","visibility":"public","title":"Exclusive Partnership with Target for Consumer Product! Coming this Fall!","preview":"We've expanded our partnership with Target to create an exclusive non-book product to commemorate Hispanic Heritage Month.","published_at":"2022-04-26T03:54:08Z","author_name":"Ariana Stein","url":"/feed/154970","canonical_url":"https://wefunder.com/feed/154970"},{"id":154969,"entity_id":"wefunder:feed_item:154969","type":"FeedItem::Update","visibility":"public","title":"Partnership with Kohl's! Over 600 Locations!","preview":"Earlier this year we announced a partnership with Kohl's. Lil' Libros titles will be at over 600 stores this Fall!","published_at":"2022-04-26T03:42:39Z","author_name":"Ariana Stein","url":"/feed/154969","canonical_url":"https://wefunder.com/feed/154969"},{"id":154964,"entity_id":"wefunder:feed_item:154964","type":"FeedItem::Update","visibility":"public","title":"Earlier this year, the city of Los Angeles declared February 18th as Patty Rodriguez day for our co-founder's continuous commitment to elevating American Latino voices and stories.","preview":"Earlier this year, the city of Los Angeles declared February 18th as Patty Rodriguez day for our co-founder's continuous commitment to elevating American Latino voices and stories.","published_at":"2022-04-26T03:22:23Z","author_name":"Ariana Stein","url":"/feed/154964","canonical_url":"https://wefunder.com/feed/154964"},{"id":154962,"entity_id":"wefunder:feed_item:154962","type":"FeedItem::Update","visibility":"public","title":"Engineer, Inventor, and First Latina to go to Space Ellen Ochoa Announces New Bilingual STEAM Board Book Series Published by Lil' Libros","preview":"Lil’ Libros Publishing has acquired world rights to a bilingual five-board book STEAM series,\u0026nbsp;Dr. Ochoa’s Stellar World, researched and written by Ellen Ochoa, American engineer who became the first Latina woman to go to space. Inspired by her experiences as a NASA astronaut, Dr. Ochoa’s books will celebrate the joy of scientific curiosity, the fundamentals of STEAM topics, and the American Latino experience for the youngest of readers.FULL PRESS RELEASE HERE","published_at":"2022-04-26T03:04:58Z","author_name":"Ariana Stein","url":"/feed/154962","canonical_url":"https://wefunder.com/feed/154962"},{"id":154961,"entity_id":"wefunder:feed_item:154961","type":"FeedItem::Update","visibility":"public","title":"Featured on Good Morning America!","preview":"Featured on Good Morning America!","published_at":"2022-04-26T02:58:15Z","author_name":"Ariana Stein","url":"/feed/154961","canonical_url":"https://wefunder.com/feed/154961"},{"id":154959,"entity_id":"wefunder:feed_item:154959","type":"FeedItem::Update","visibility":"public","title":"Lil' Libros Featured on the Today Show!","preview":"Lil' Libros Featured on the Today Show!","published_at":"2022-04-26T02:51:13Z","author_name":"Ariana Stein","url":"/feed/154959","canonical_url":"https://wefunder.com/feed/154959"}],"q_and_a":[{"id":155746,"entity_id":"wefunder:comment:155746","question":"Hi Ariana, In an earlier answer to Elizabeth you mentioned you'd \"prioritize investors who invested money vs reserving shares.\" Can you please clarify? Do you mean that you'll prioritize investors who add funds to their Wefunder account now instead of waiting for the filing?","author_name":"Sabrina De Santiago","votes":7,"created_at":"2021-07-01T19:06:15Z","canonical_url":"https://wefunder.com/lil.libros#question-155746","answers":[{"id":155986,"entity_id":"wefunder:comment:155986","answer":"Hi Sabrina! That is correct. We will prioritize investors who add cash on their WeFunder account. They will be able to see the terms first before those who made a reservation. This does not mean you're buying shares without seeing the terms. Once you confirm you investment, the money will be deducted from the account.","author_name":"Ariana Stein","votes":1,"created_at":"2021-07-02T18:49:24Z"}]},{"id":166212,"entity_id":"wefunder:comment:166212","question":"Hi there! I am completely new to this investing thing. EEK. But I knew I wanted to start my process with you because I believe fiercely in Lil Libros. I have reserved an amount and am wondering what happens next? Is there a way to find out or get guidance on whether or not we are doing this correctly? :) Thank you for your guidance!","author_name":"Stephanie DC ","votes":5,"created_at":"2021-08-27T16:55:04Z","canonical_url":"https://wefunder.com/lil.libros#question-166212","answers":[{"id":169204,"entity_id":"wefunder:comment:169204","answer":"Hi Stephanie! That's wonderful to hear! Thank you for trusting us! Once our financials get audited and all of our documents are finalized, we will file the offering statement with the SEC (Form C). Once that happens, you'll receive an email notification asking you to confirm your reservation. You'll be able to see our subscription agreement, financials, etc. then before deciding :)","author_name":"Ariana Stein","votes":3,"created_at":"2021-09-14T02:20:08Z"}]},{"id":155538,"entity_id":"wefunder:comment:155538","question":"Hi there, the page mentions investor perks based on different monetary amounts, but doesn’t specify what the perks are. Can you share those details? Also, if we reserved to invest a certain amount, can we increase that later or should we adjust that now (sounds like there might be a limit once paperwork is filed)?","author_name":"Alejandra Hermosillo","votes":4,"created_at":"2021-07-01T00:22:27Z","canonical_url":"https://wefunder.com/lil.libros#question-155538","answers":[{"id":155571,"entity_id":"wefunder:comment:155571","answer":"Hi Alejandra! If you click on the bolded Investor Perks under Investment Terms, you'll be able to see the the different perks broken down by amount. You can certainly increase that later as long as the shares are available. It's a good idea to reserve your shares now just in case we are over subscribed. You'll be able to confirm the amount and update the quantity once we post the terms. Thank you for investing in Lil' Libros!","author_name":"Ariana Stein","votes":4,"created_at":"2021-07-01T03:22:40Z"}]},{"id":155403,"entity_id":"wefunder:comment:155403","question":"Ariana, when you mention filing with the SEC does that mean the company will be publicly traded? Also, what kind of stock will be held when someone invests?","author_name":"Francisco Villa","votes":4,"created_at":"2021-06-30T20:18:57Z","canonical_url":"https://wefunder.com/lil.libros#question-155403","answers":[{"id":155407,"entity_id":"wefunder:comment:155407","answer":"Hi Francisco! Great question. No, the company will not be publicly traded. Regulation Crowdfunding enables eligible companies to offer and sell securities through crowdfunding as long as the transactions take place online through a SEC-registered intermediary like WeFunder. We are required to disclose this information in filings with the SEC.","author_name":"Ariana Stein","votes":6,"created_at":"2021-06-30T20:28:39Z"}]},{"id":292122,"entity_id":"wefunder:comment:292122","question":"I’m following up on previous questions, last one on here was in March of 2023. It’s been over 2 years since we invested at the $1,000 tier and we have heard nothing about “exclusive owner events”. What is the status of that element you noted as perks in the investor options? Or are the \"exclusive owner events\" the same as the \"early access sale events\" you referenced in your answer to me in March 2023?","author_name":"Cesar Margarito","votes":3,"created_at":"2024-09-11T22:25:47Z","canonical_url":"https://wefunder.com/lil.libros#question-292122","answers":[]},{"id":274972,"entity_id":"wefunder:comment:274972","question":"Any updates? *Edit (sorry I'm not able to reply to your response) -Any news on exit strategies, q4 financials, more info on scaling/expanding? Another fund raising round? etc. Thanks!","author_name":"Josh S","votes":3,"created_at":"2024-01-29T19:24:10Z","canonical_url":"https://wefunder.com/lil.libros#question-274972","answers":[{"id":275558,"entity_id":"wefunder:comment:275558","answer":"HI Josh, Can you let us know what you would like an update on and be more than happy to provide. Thank you!","author_name":"Patty Rodriguez","votes":2,"created_at":"2024-02-06T18:45:29Z"}]},{"id":194995,"entity_id":"wefunder:comment:194995","question":"When are you closing?","author_name":"Marisabel Espada TORRES","votes":3,"created_at":"2022-03-03T16:34:15Z","canonical_url":"https://wefunder.com/lil.libros#question-194995","answers":[{"id":201592,"entity_id":"wefunder:comment:201592","answer":"In two weeks!","author_name":"Ariana Stein","votes":1,"created_at":"2022-04-18T18:59:43Z"}]},{"id":155927,"entity_id":"wefunder:comment:155927","question":"Hello - I haven’t received an email confirming my pledge or with details to complete the wire transfer. I know it mentioned that we could do that now to get in early before the legal work was done. Who can I contact?","author_name":"Jasmine Uribe","votes":3,"created_at":"2021-07-02T14:10:27Z","canonical_url":"https://wefunder.com/lil.libros#question-155927","answers":[{"id":156005,"entity_id":"wefunder:comment:156005","answer":"Hi Jasmine! Kati from the Wefunder team confirming that you successfully made your reservation. You can check on the status of your investment at wefunder.com/portfolio, and reach out to support@wefunder.com if you have any additional questions. Once the legal work is done you'll receive an email from us asking you to confirm your investment.","author_name":"Kati Conley","votes":4,"created_at":"2021-07-02T20:43:27Z"},{"id":156004,"entity_id":"wefunder:comment:156004","answer":"Hi Jasmine! Per Wefunder, email confirmations for reservations are typically not something their system is doing at this time. This could change in the future. You can confirm your reservation by reviewing your portfolio in your account (upper right). Email notifications are sent when filings are complete. That's when you'll have a chance to review the terms and confirm your investment. Hope this helps.","author_name":"Ariana Stein","votes":3,"created_at":"2021-07-02T20:40:46Z"}]},{"id":318204,"entity_id":"wefunder:comment:318204","question":"Good Morning! I wanted to know where investors stand. Quarterly updates etc. I didn't invest much but I would like to know how my monies are making a difference. And please don't respond with we should get emailed updates because the only updates I receive are sales and info on new books coming. I would like to see sales reporting, projections of some sort of when we investors could see some returns. Thanks!","author_name":"Anna Sykes","votes":2,"created_at":"2025-10-28T14:15:38Z","canonical_url":"https://wefunder.com/lil.libros#question-318204","answers":[]},{"id":301877,"entity_id":"wefunder:comment:301877","question":"Hello, is there a plan for an IPO soon?","author_name":"Gabriel DiCristofaro","votes":2,"created_at":"2025-02-10T04:24:47Z","canonical_url":"https://wefunder.com/lil.libros#question-301877","answers":[]},{"id":300656,"entity_id":"wefunder:comment:300656","question":"Will there be tax forms for 2024? Will there be any in person \"exclusive owner events\" for $1000 + investors this year?","author_name":"Roxana Castro","votes":2,"created_at":"2025-01-23T04:51:04Z","canonical_url":"https://wefunder.com/lil.libros#question-300656","answers":[]},{"id":298753,"entity_id":"wefunder:comment:298753","question":"Hi, I need a better understanding on how this works. I invested $100, $10 per shares, I believe. How does it work if I would like to cancel this investment?","author_name":"Iranda Flores Chavez","votes":2,"created_at":"2024-12-24T01:14:57Z","canonical_url":"https://wefunder.com/lil.libros#question-298753","answers":[{"id":299160,"entity_id":"wefunder:comment:299160","answer":"Hi Iranda! Thank you for reaching out and for your support in Lil' Libros! Equity crowdfunding investments are final once the campaign closes. Unlike typical purchases, these investments grant you ownership in the company, and your shares represent that ownership. After the campaign closes, it’s not possible to cancel or get a refund on the investment, as per the terms set by WeFunder and equity crowdfunding regulations. However, if you have specific concerns or need further clarity, please email us at hola@littlelibros.com Thank you again!","author_name":"Patty Rodriguez","votes":3,"created_at":"2024-12-30T19:50:41Z"}]},{"id":296592,"entity_id":"wefunder:comment:296592","question":"Greeting ladies, I do not see any updates in my portfolio. I invested back in 2022. How does this work? I am completely lost.","author_name":"Aida Cuamatzi Cuamatzi","votes":2,"created_at":"2024-11-20T21:27:30Z","canonical_url":"https://wefunder.com/lil.libros#question-296592","answers":[]},{"id":159453,"entity_id":"wefunder:comment:159453","question":"I already added money to my Wefunder account. After the proper form is submitted to filing would I still be able to add more funds to my account? or not?","author_name":"Claudia Ramirez","votes":2,"created_at":"2021-07-22T18:11:12Z","canonical_url":"https://wefunder.com/lil.libros#question-159453","answers":[{"id":169217,"entity_id":"wefunder:comment:169217","answer":"Hi Claudia, thank you for your investment. You'll be able to invest more as long as the shares are available.","author_name":"Ariana Stein","votes":1,"created_at":"2021-09-14T02:39:47Z"}]},{"id":155876,"entity_id":"wefunder:comment:155876","question":"Super excited and ready for our communities future!!! But like many others I didn't receive a confirmation e-mail for my investment. How do we make sure our investment was received?","author_name":"Philadelphia Juarez","votes":2,"created_at":"2021-07-02T02:57:12Z","canonical_url":"https://wefunder.com/lil.libros#question-155876","answers":[{"id":155885,"entity_id":"wefunder:comment:155885","answer":"Hi Philly, it is possible the notification went to your spam folder. We received your investment reservation. Thank you so much for investing in Lil' Libros.","author_name":"Ariana Stein","votes":2,"created_at":"2021-07-02T04:43:51Z"},{"id":156007,"entity_id":"wefunder:comment:156007","answer":"Hi Philly, please disregard my previous reply. After speaking with Wefunder this morning, they mentioned that email confirmations for reservations are typically not something their system is doing at this time. This could change in the future. You can confirm your reservation by reviewing your portfolio in your account (upper right). Email notifications are sent when filings are complete. That's when you'll have a chance to review the terms and confirm your investment.","author_name":"Ariana Stein","votes":2,"created_at":"2021-07-02T20:44:34Z"}]},{"id":155873,"entity_id":"wefunder:comment:155873","question":"Is there a lead investor? If so, who is the lead investor? Also, how was the pre-money valuation determined?","author_name":"Francisco Villa","votes":2,"created_at":"2021-07-02T02:41:50Z","canonical_url":"https://wefunder.com/lil.libros#question-155873","answers":[{"id":155983,"entity_id":"wefunder:comment:155983","answer":"Hi Francisco, thanks for your question. We have not chosen our lead investor yet. However, we’ll have one by the end of the campaign. The pre-money valuation is based on our projected future net income, which you can see at the bottom of the campaign’s page. We have a solid brand equity and these projections are modest.","author_name":"Ariana Stein","votes":1,"created_at":"2021-07-02T18:31:20Z"}]},{"id":155738,"entity_id":"wefunder:comment:155738","question":"What is your status in terms of profitability?","author_name":"Lucas Selvidge","votes":2,"created_at":"2021-07-01T18:25:22Z","canonical_url":"https://wefunder.com/lil.libros#question-155738","answers":[{"id":155768,"entity_id":"wefunder:comment:155768","answer":"Hi Lucas! The terms will be available once we are ready to file our Form C. You will be able to review that before you confirm your investment.","author_name":"Ariana Stein","votes":4,"created_at":"2021-07-01T20:17:26Z"}]},{"id":155605,"entity_id":"wefunder:comment:155605","question":"If I’m investing from outside the US do I need to submit the W-8BEN form to you? If so, should I do this now or when a dividend payment is made?","author_name":"Rubi Diaz","votes":2,"created_at":"2021-07-01T06:49:41Z","canonical_url":"https://wefunder.com/lil.libros#question-155605","answers":[{"id":155663,"entity_id":"wefunder:comment:155663","answer":"Hi Rubi! WeFunder is asking their legal team for clarification. I will circle back once we get an answer.","author_name":"Ariana Stein","votes":1,"created_at":"2021-07-01T14:49:37Z"}]},{"id":317143,"entity_id":"wefunder:comment:317143","question":"It sounds like I may not be the one in wonder of an update and would be interested in more feedback fro Lil' Libros. Last info from the company was in February 2025 as a 2024 Annual Recap. To understand and manage expectation, will annual recaps be the only time we hear about the company aside from marketing product sales?","author_name":"Adelaine Antonino","votes":1,"created_at":"2025-10-16T16:45:18Z","canonical_url":"https://wefunder.com/lil.libros#question-317143","answers":[]},{"id":297446,"entity_id":"wefunder:comment:297446","question":"Hi, I was wondering if there’s going to be additional opportunities to invest more in Lil’ Libros? Also, will the WeFunder company page be updated with with more recent financial information?","author_name":"Francisco Villa","votes":1,"created_at":"2024-12-05T03:43:38Z","canonical_url":"https://wefunder.com/lil.libros#question-297446","answers":[]},{"id":269300,"entity_id":"wefunder:comment:269300","question":"Have all the certificates been mailed out? I confirmed my address and have not received my certificate. I just want to make sure it did not get lost in mail.","author_name":"Mayra Picado","votes":1,"created_at":"2023-11-16T20:20:58Z","canonical_url":"https://wefunder.com/lil.libros#question-269300","answers":[{"id":275560,"entity_id":"wefunder:comment:275560","answer":"Hi Mayra, we appreciate you confirming your address After setting a deadline for any address changes, we had to go through every investor to confirm name. We have over 5,000 investors. We have finally finished reviewing every spelling and will be sending our certificates by end of February or so.","author_name":"Patty Rodriguez","votes":0,"created_at":"2024-02-06T18:47:06Z"}]},{"id":256307,"entity_id":"wefunder:comment:256307","question":"Hola! I never received my investor certificate? When do I get that? Also, where can I see my perks as an investor, it’s been so long ago i invested and can’t remember what they are. Thank your","author_name":"Mateo Lucas Legner","votes":1,"created_at":"2023-07-29T22:55:56Z","canonical_url":"https://wefunder.com/lil.libros#question-256307","answers":[]},{"id":238039,"entity_id":"wefunder:comment:238039","question":"Hi! When can we expect the tax documents to be available? Also any idea when we will receive the Investor Certificates?","author_name":"Stephanie Turner","votes":1,"created_at":"2023-03-08T23:27:21Z","canonical_url":"https://wefunder.com/lil.libros#question-238039","answers":[{"id":241274,"entity_id":"wefunder:comment:241274","answer":"Hi Stephanie, because the company did not undergo a taxable event in 2022 (i.e. IPO, Acquisition, Merger) there will be no tax documents. Making an investment is not a taxable event unless the company undergoes a liquidity event and you're paid out as an owner. We strongly recommend consulting with your accountant/CPA for any tax-related questions or concerns.","author_name":"Ariana Stein","votes":0,"created_at":"2023-03-31T18:54:33Z"}]},{"id":234419,"entity_id":"wefunder:comment:234419","question":"Hi, I never received the personalized investor certificate and I invested $250? Where those emailed? Please advise. Thanks!","author_name":"Mayra Barcenas","votes":1,"created_at":"2023-02-12T19:27:06Z","canonical_url":"https://wefunder.com/lil.libros#question-234419","answers":[{"id":249673,"entity_id":"wefunder:comment:249673","answer":"Hi Mayra! We are working on the certificate and will have it soon for you to download!","author_name":"Patty Rodriguez","votes":0,"created_at":"2023-06-08T00:30:15Z"}]},{"id":210818,"entity_id":"wefunder:comment:210818","question":"Hi, wondering what are next steps? It said the funding round would be finalized by June 30th and I don’t see any updates. Thanks","author_name":"Maria Hidalgo","votes":1,"created_at":"2022-07-07T04:26:55Z","canonical_url":"https://wefunder.com/lil.libros#question-210818","answers":[{"id":214453,"entity_id":"wefunder:comment:214453","answer":"Hi Maria! We still had a few people with reservations who needed more time to secure their investment post June 30th. Now that the campaign is officially closed (as of Aug 5th), we will be sending an update directly to your inbox next week. Thanks for your patience.","author_name":"Ariana Stein","votes":0,"created_at":"2022-08-08T20:44:28Z"}]}],"faq":[{"question":"Where can we find more details about the stock?","answer":"Hi Erualdo! Thanks for your question! The terms of the offering will be available once the official filing is submitted to the SEC. We will notify you once it's ready to review. Right now, you're holding your place in case we sell out of shares."},{"question":"What do we get as investors? What’s the benefits?","answer":"Hi Daphnne! Great question. As an investor you are buying shares of Lil’ Libros. This means you share ownership in the company. Owners will benefit from profit share and if there were ever a liquidity event, you would be paid out as an owner of the company. As we grow, so will the valuation of your shares!"},{"question":"Is it only a one time payment?","answer":"Hi Susan. You can invest once and ff you choose to invest more while we still have available spots, you can choose to invest again. If you are asking if your account will be charged multiple times, no it won't. You decide how much you invest at the time of your investment."},{"question":"Ariana, when you mention filing with the SEC does that mean the company will be publicly traded? Also, what kind of stock will be held when someone invests?","answer":"Hi Francisco! Great question. No, the company will not be publicly traded. Regulation Crowdfunding enables eligible companies to offer and sell securities through crowdfunding as long as the transactions take place online through a SEC-registered intermediary like WeFunder. We are required to disclose this information in filings with the SEC."},{"question":"At what amount will the reserved shares be sold out?","answer":"Hi Isabel. Our initial goal was $250K, but we are allowing additional reservations. We don't have a cap at this time, but that can change in the future."}]}}}