Customers as owners, that’s what our current funding round is all about. The investment rules changed on May 16th and allowed us to offer equity to our customers around the world. For us it’s always been less about raising money and more about sharing the ownership of Cleveland Whiskey with the people who help us every day. I also just wanted to say thank you, thank you for buying our product, sharing us with friends and of course for spreading the word, it all makes a difference.
So far we’re brought in well over 700 new owners and it’s beginning to change our momentum in ways I hadn’t even imagined. Because of work that so many of you are doing, we’ve already on the shelves in retail stores that hadn’t carried us before, about to launch distribution in a number of new States and we’re talking to international distributors in locations ranging from Singapore and Bogotá to Paris, London and Hong Kong. It’s amazing and only the start.
In the next few days we’re going to announce the count-down for closing this round but I want to make sure that everyone has a chance to participate. If in reading this you’ve thought about becoming one of our new owners, now is the time since we may not do this again. If you’re already in, make sure you tell your friends. The more people we get involved the better it is for all of us. Again, thank you. You’re making a real difference. http://invest.clevelandwhiskey.com
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 398 startups
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for 115 startups
for 3 startups
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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).
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