Heleum adding Recovery Boosts; will charge no fees if your account is down
We at Heleum are confident in our new algorithm, and committed to the ideal that we only make money when you do. We will now start waiving all Heleum fees for users while their accounts are down compared to what they deposited.
All users who are down will now keep 100% of their gains until their account recovers, even if individual balloons pop with gains. To set this up, we'll be adding a 40% Recovery Boost this week to all accounts that are down. This Boost will automatically disappear once the user's account is positive, and will reappear if the account ever drops underwater again.
Users can expect Recovery Boosts to appear in the next few days as we upgrade our systems.
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 223 startups
Wefunder Advisors LLC
for 98 startups
for 1 startup
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 297,230 investors who funded 309 startups with over $110 million1
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 Reg Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Reg 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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