Wefunder

Last updated
Wefunder
Industry Crowdfunding
Founded2011
FoundersNick Tommarello
Mike Norman
Greg Belote
Headquarters,
United States
Services Entrepreneurship, startups, investment
Website wefunder.com

Wefunder is an online service that allows individual investors to crowdfund startup companies. [1] [2] Wefunder uses a provision in the 2012 JOBS Act that allows unaccredited investors to purchase equity in early stage private companies. [3] [4]

Contents

Foundation

Wefunder was founded by Nick Tommarello, Mike Norman, and Greg Belote in 2012.[ citation needed ] The startup incubator Y Combinator backed Wefunder during its development and launch. [5]

Wefunder is predicated upon the idea that anyone, regardless of wealth, should be able to invest in a company. [6]

See also

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References

  1. Luckerson, Victor (September 24, 2013). "The Crowdfunding Economy Is About to Pop". Time.
  2. Pepitone, Julianne (April 17, 2012). "8 crowdfunding sites to watch". CNN.
  3. Weisman, Jonathan (March 27, 2012). "Final Approval by House Sends Jobs Bill to President for Signature". New York Times.
  4. Khazan, Olga (March 22, 2012). "JOBS Act: A potential boon for entrepreneurs or a bust for investors?". Washington Post.
  5. Lawler, Ryan (March 19, 2013). "Y Combinator-Backed WeFunder Launches To Bring Crowdfunding Startups To The Masses". TechCrunch.
  6. Grant, Rebecca (March 26, 2013). "Wefunder gives startups a 'green button' to meet their fundraising goals". VentureBeat.