|1||LACK OF PRODUCTS DURING CORONAVIRUS PANDEMIC|
|2||CREATE AT VERY LEAST 25-100 NEW AMERICAN JOBS|
|3||RECYCLE AND NATURE PRESERVATION|
|4||AMERICAN MADE PRODUCTS|
We started in 2012. It's been a long, crazy journey, and we've only just begun.
Back in 2012, it was illegal to invest in startups - unless you were super wealthy. We felt that was silly so we decided to do something about it. We launched a petition on January 30th, 2012. It got a lot of press.
We were invited to Washington DC by Senator Brown, Senator Bennet, Senator Merkeley, and Rep. McHenry. We helped them craft the legislation, and were in the Rose Garden to watch President Obama sign it into law in April of 2012.
We headed off to California to attend Y Combinator in 2013. But there was one hiccup. When Congress passes a 30 page law, the SEC has to turn it into 1000 pages of regulations. That process took four long years. We managed to survive.
Here's our application video to YC:
On May 16th, 2016 - the new law rolled out. We quickly became the largest funding portal for Regulation Crowdfunding.
Its lower fees, relative to its competitors – there are a few other portals offering a similar service, including SeedInvest, NextSeed and StartEngine – has meant that about 90 percent of crowdfunded investments made by non-accredited investors since the May 2016 switch have gone through Wefunder.
San Francisco Business Times
In total, we've invested nearly $100 million into early-stage companies. We're a Public Benefit Corporation on a mission to fund 20,000 businesses by 2029.
We're also a team of founder-types ourselves. Hello! Thanks for choosing us!
NAPLES NUMBER ONE SUPPLIES is not conducting a Regulation Crowdfunding offering. Hosted by Wefunder Inc.
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