Some of you are receiving emails. It's not a scam!
Good morning, I just wanted to update you that some of you may have received emails yesterday from WeFunder saying ACTION REQUIRED and asking you to re-sign the agreement.
First off, this is not a scam. In order to release some of our funds for production use, WeFunder needs some of our investors who came on board at the very beginning (thank you for doing that!) to re-sign. It's a SEC regulation.
I know some of you were concerned this might be spam but it is not. As soon as you can, please follow the instructions in the email.
In other news, we are working hard on the film which includes more casting! Just yesterday, living history performer Andrew Barber joined the cast. His outfit shows an accurate depiction of what many of our frontiersmen will look like:
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 417 startups
Wefunder Advisors LLC
for 119 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 760,590 investors who funded 505 startups with over $187 million1
wefunder.com/updates/137099-some-of-you-are-receiving-emails-it-s-not-a-scam 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.
You may also view our Privacy Notice.