This year is the twentieth anniversary of the formation of the Wi-Fi Alliance and the launch of Wi-Fi. Doug Dawson, President at CCG Consulting, said “Wi-Fi has become so ubiquitous in our lives that it's hard to believe that it has only been twenty years since all broadband connections came with wires.” I remember being in Beijing in 1999 to give a talk at a technology conference. I was staying in a Holiday Inn. There was no Wi-Fi and there was not even a jack on the wall to connect my ThinkPad. There was no broadband. Lotus Notes was quite advanced at that time and had a mobile dial-up mode which downloaded the mail but excluded images and attachments to compensate for the slow speed. Fortunately, I had some tools and alligator clips. I removed the plastic plate from the wall and attached directly to the bare wires. The email was painfully slow but at least it worked. Just think, today hotels can have Wifigen!
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 250 startups
Wefunder Advisors LLC
for 98 startups
for 2 startups
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 466,378 investors who funded 336 startups with over $119 million1
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Wefunder, Inc. operates sections of wefunder.com where some Regulation D and 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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