One of the intended uses of funds from our Wefunder campaign is to complete the development and full production of our line of sneakers for 2018. We have completed the initial sketches of the sneakers. We also have finished the design of the first shoe last. A shoe last is a 3-dimensional wooden or plastic mold upon which a shoe is constructed. The last is critical to the shape of a shoe, and it determines the fit, performance, ergonomics, and style of a shoe.
We want to give our investors and our followers a firsthand look at the sketches and the last for the sneakers.
We are projecting the release of the sneakers by the end of August 2018. However, the timing will depend on the success of our campaign and the timing of when we get funded. We currently have about 88 percent to be raised and we need everyone’s support to get there. We would like to take this opportunity to thank our current investors for believing in our brand and our team. We do not take your investment lightly.
Once again thank you for investing and being on this journey with us!
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 419 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).
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