Hello good folks of the internet investment world,
We have some truly exciting updates for you. Major milestones have been reached and you need to know!
Let’s have a look at this first quarter:
We’ve brewed some fantastic new beers that have been selling like gangbusters--like Blood of My Rivals, our blood orange IPA which sold out in 2 days. Our crew has expanded to include three salespeople and we’ve partnered with SDA Solutions, a craft brewing sales consultant, to help guide the ship.
We've released our four core beers in cans!
We are selling nearly 80 barrels of beer per month and meeting and beating our projections. We’ve seen a total growth of 14% over last year and hit 101% of our sales projections in the first quarter, followed up by an April that was our best month yet--we sold 120% of our projection--growing our account portfolio to over 280 locations in the SF Bay Area.
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 224 startups
Wefunder Advisors LLC
for 98 startups
for 1 startup
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 299,846 investors who funded 310 startups with over $111 million1
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Reg Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Reg A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
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