Founder (indefinite sabbatical) @ Wefunder
It's been a month since our last update so I wanted to catch you up on where we are. Late last month Obama appointed a new SEC Chair. This delays the release of rules for general solicitation at least until she is confirmed which is supposed to happen the week of March 11th.
We highlighted Wevorce as our first startup of the week 2 weeks ago, and will launch Microryza tomorrow. We plan on funding at least one of our classmates before demo day at the end of March.
We'll be in SXSW from the 9-12 so drop me a line if you will be in Austin and want to meet up!
As always, let me know if you have more specific questions.
I hope all is well!
As you can see from the photo, Greg is known to have strong opinions.
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 187 startups
Wefunder Advisors LLC
for 92 startups
for 1 startup
We are the largest funding portal for Regulation Crowdfunding.
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 239,518 investors who funded 272 startups with over $90.5 million1
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