Tagged: wefunder

October 28, 2016 @ 9:33 am By JD Alois  |  

Wefunder, the Reg CF platform that has now crowdfunded over $8.4 million since May of this year dominating the sector, has now added a new feature.  Wefunder now accepts Bitcoin transactions making it even easier to invest in early stage companies. Bitcoin is generally thought… Read More

October 26, 2016 @ 8:00 am By Joe Green and John Coyle  |  

A Reply on the Use of SAFEs in Crowdfunding On September 22nd, Crowdfund Insider published a post summarizing the arguments presented in our new essay entitled “Crowdfunding and the Not-So-Safe SAFE“ (forthcoming in Virginia Law Review Online). Our essay raises a number of concerns about… Read More

September 27, 2016 @ 12:01 pm By Amy Wan  |  

This article is a response to the draft paper referenced in the article entitled “Crowdfunding and the Not-So-Safe SAFE” authored by Joseph M. Green and John F. Coyle. There are many so words to describe my thoughts about the paper: patronizing, impractical, misguided—but mostly, unfortunate. One… Read More

September 25, 2016 @ 1:08 pm By JD Alois  |  

Legion M is one of the early success stories of Reg CF investment crowdfunding. Legion M raised $1 million on Wefunder with the backing of over 3,000 individual investors – the most ever for a single Reg CF offer to date. Out of the 32… Read More

September 22, 2016 @ 2:32 pm By Joe Green & John Coyle  |  

Earlier this year, on May 16, 2016, the final portion of the JOBS Act became actionable. The much anticipated Title III provisions and Regulation Crowdfunding (Reg CF) went into effect, marking the official beginning of retail crowdfunding in the United States. While the industry is… Read More

September 16, 2016 @ 5:53 pm By JD Alois  |  

NextGen has scheduled its next live crowdfunding event. On September 21st (8pm ET),  NextGen Crowdfunding’s Interactive Ignition Event will present several crowdfunding campaigns live. Once again, everything will be livestreamed via the NextGen site and viewers will be given the opportunity to ask questions and… Read More

August 22, 2016 @ 3:05 pm By Samantha Hurst  |  

  Last week, The Speakeasy concluded its equity crowdfunding round on WeFunder and raised a total of $472,500. As previously reported, after going live in 2014 in San Francisco, The theater show received raved reviews: every performance sold out. The co-founders decided to take their show to… Read More

August 16, 2016 @ 9:17 am By JD Alois  |  

Reg CF, created under Title III of the JOBS Act, was launched on May 16th of this year as the new securities exemption became available to SMEs seeking investors.  Under Reg CF, issuing companies may sell securities to both accredited and non-accredited investors to raise… Read More

August 15, 2016 @ 1:01 pm By Samantha Hurst  |  

Fan-owner entertainment studio, Legion M, has officially closed its epic crowdfunding campaign on Wefunder. The initiative, which was the second Reg CF offer to hit $1 million, raised the funds in less than three months from over 3,000 investors. The company dubbed itself the most popular Reg… Read More

August 13, 2016 @ 1:37 pm By JD Alois  |  

Hops & Grain, a craft brewery based in Austin, Texas, has raised $1 million on Wefunder – the maximum amount they are able to raise under Reg CF. The crowdfunding offer set a minimum goal of raising just $50,000 and quickly topped that amount. The… Read More

August 8, 2016 @ 2:04 pm By JD Alois  |  

LegionM is now the second Reg CF offer to hit $1 million. The offer was scheduled to close later this month but under the securities exemption, issuers may only raise up to $1 million. The first Reg CF offer to ring the million dollar bell… Read More

August 8, 2016 @ 8:47 am By JD Alois  |  

Title III of the JOBS Act created a new securities exemption that allowed equity crowdfunding for non-accredited investors. This new exemption, also called Reg CF, may be viewed as another step in the capital ladder to complement Title II of the JOBS Act (accredited crowdfunding)… Read More

August 5, 2016 @ 3:58 pm By JD Alois  |  

Hops & Grain, one of the very first companies to raise growth capital under Reg CF crowdfunding, has successfully raised $765,970 on Wefunder.  The San Marcos, Texas-based craft Brewery set a minimum funding goal of $50,000.  According to the campaign page, 405 investors participated in the… Read More

August 2, 2016 @ 11:42 am By Samantha Hurst  |  

On Tuesday, TAXA Biotechnologies, Inc. announced it had secured over $250,000 from 400 investors during its equity crowdfunding campaign on WeFunder. The biotech startup made history in May when it became one of the first companies to use Title III rules of the JOBS Act. As previously reported, TAXA… Read More

July 29, 2016 @ 3:28 pm By JD Alois  |  

Investment crowdfunding platform WeFunder has launched an interesting service. The new feature is called “Scout”. Basically, WeFunder will pay a $2000 $2500 bounty for each qualifying company that is referred to the platform and commits to funding on Wefunder. You may also earn a $2000 monthly… Read More

July 28, 2016 @ 10:34 am By JD Alois  |  

Regulation CF, or Title III retail crowdfunding, kicked off on May 16, 2016. We just had the first close under the new securities exemption last week. Today we have the first offer that closed at the top of the funding cap – $1 million. Beta… Read More

July 15, 2016 @ 11:58 am By JD Alois  |  

WeFunder, an investment crowdfunding platform, has quickly jumped out of the gate to become the leading listing site for Reg CF issuers. Someone recently asked Crowdfund Insider how WeFunder was sourcing so many deals. WeFunder explained they are mainly finding companies the “old-fashioned way”, face to… Read More

June 27, 2016 @ 12:37 pm By JD Alois  |  

SunDown, a regional entrepreneur ecosystem based in Ohio, has created an investment club on Wefunder.  In a note to followers SunDown stated they were into the equity crowdfunding game to help invsetors “de-risk” their participation. SunDown stated; “The new equity crowdfunding rules and platforms are going… Read More

June 16, 2016 @ 9:12 pm By JD Alois  |  

HR 4855, or the Fix Crowdfunding Act, was approved by the House Financial Services Committee on a solidly bipartisan vote of 57-2.  The bill, sponsored by Congressman Patrick McHenry, was created in response to multiple shortcomings intrinsic to existing Title III or Reg CF investment… Read More

June 10, 2016 @ 2:00 pm By JD Alois  |  

Wefunder, one of the active participants in the Reg CF crowdfunding space, has published a comment letter directed towards Representatives Jeb Hensarling and Maxine Waters in support of the Fix Crowdfunding Act (HR 4855).  The two are powerful legislators in the House of Representatives. Hensarling… Read More