A few nights ago, on my commute home, I was listening to the Public Radio show “Marketplace”. It’s one of my favorites, business news of the day packed into 30 minutes, perfect drive listening. During the daily run-down, they mentioned the yield on 10-year Treasury Bills at 1.054%.
That’s what I heard. One Point Zero Five Four Percent.
I know, it’s supposed to be the safest of investments but really, you hold my money for 10 years and pay me a 1% interest rate?
Let me suggest an alternative. It’s called a Whiskey Bond.
Unlike the government, we’re not running a deficit, invest the money in production infrastructure, back our bonds with new-fill whiskey barrels, pay at the annual interest rate of 5%, and at maturity give you a rather unique conversion option that allows you the choice of taking some of your principal and interest as bourbon or rye whiskey. You can take all or part as barrel proof, non-chill filtered bottled spirits with your name on your bottles.
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 464 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 865,303 investors who funded 553 startups with over $208.5 million1
wefunder.com/updates/140802-listening-to-public-radio 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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