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
Regulation Crowdfunding
Wefunder Portal LLC
$151,638,677
for 456 startups
Legal Now
Regulation D
Wefunder Advisors LLC
$44,945,463
for 126 startups
Rare
Regulation A+
Wefunder Inc
$9,738,984
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).
Any updates on next races for Max, Adara or Swingman? Have not seen anything since the 10/23 call.
John - We are looking for a race for Adara now that is at least 8 furlongs. Swingman will run back and try and break his maiden towards the end of the month. With Max, we are considering a number options including the Clark Handicap G1 at Churchill at the end of the month or the Discovery Handicap G3 at Aqueduct.
Any news on Max Player's next start?
Omar - Not yet. We are looking at a few races now with Steve Asmussen. Two potential possibilities are the Clark Handicap G1 at Churchill at the end of the month or the Discovery Handicap G3 at Aqueduct.