A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $30M eventually.
[Disclosure: WeFunder requires Workbnb to file legal paperwork to increase our campaign from $50,000 to our target $3,000,000.]
2023 will go down in history as the year of “Smoke & Mirrors” for black founders as reported by TechCrunch’s senior venture capital and startups reporter, Dominic Madori-Davis. In her most recent article, she reports that "Black founders raised 0.13% of all capital allocated to U.S. startups in Q3, according to Crunchbase. That's about $39.7 million out of $29.9 billion. This number is a massive year-over-year drop, and funding to Black founders has consistently declined since 2020. This trend mirrors an identical downward trend in corporate diversity, equity, and inclusion (DEI) investments and initiatives. So, what are black founders supposed to do to do this fundraising winter? Should we wait?
NO! We have too much tenacity to wait and hope for venture capital to grow a conscious. We believe too much in ourselves to put all of our eggs in the venture capital basket.
We believe Q4 will be worse and Q1, Q2,Q3, and Q4 2024 will be a fundraising ice age for Black founders.
We are turning to our customers!
We are turning to WeFunder!
We are fearless outliers!
We are now a proud supplier to the NFL! We have over 1600 companies on the BETA waitlist including Las Vegas based, The Penta Building Group, which is the official contractor for Formula One and the Las Vegas Grand Prix Paddock building! Plus, our lead investor for our WeFunder Campaign is the VP of Operations for Ames Construction, a large-scale industrial General Contractor that operates in over 30 states! We are prepared to dominate the “mid-term rentals” trend in 2024 with the rise of workforce rentals with our progressive OTA workforce booking technology.
Take a look at why 77 angel investors said “YES, I’m in” to our terms and consider investing in the Workbnb Movement.
Here are Four Reasons to invest in Workbnb!
REASON #1 - Product Rollout has begun!
For the past two years, team Workbnb has been alpha testing a unique B2B managed marketplace focused on four specific outcomes:
BETA Product Launch timeline and milestones: