Our funding campaign has continued to accelerate and today there is only $28K left of the preferred valuation stock. We are confident that we will be able to achieve our funding goal. If you have considered boosting your stake in the company, now is the time to increase your investment.
MagNet’s vision of technology-driven micro stores depends on people traffic. TSA traffic estimates now expect a full recovery in the first half of 2021; they anticipate traffic will jump to about 50% in August after hitting a low point of 3.7% in May. This timing syncs well with our scale plan of 350 kiosks deployed throughout 18 months.
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 462 startups
Wefunder Advisors LLC
for 127 startups
for 3 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 861,838 investors who funded 551 startups with over $208 million1
wefunder.com/updates/135039-speed-of-recovery is managed by
Wefunder Portal LLC.
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 Regulation Crowdfunding offerings are made.
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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