We help everyone invest as little as $100 in the startups they love. You can think of us as “Kickstarter for investing.” Unlike Kickstarter, you are not buying a product or donating to an artist. Instead, you are investing in a business hoping to earn a return on your investment.
You decide which companies are worthy of funding. If the business does well, you may make money. If it doesn’t do well, you lose all your money. Either way, you join a community of other investors who seek to help the startup succeed. You sometimes get neat perks from the companies, too.
Startups on Wefunder are much earlier-stage than companies listed on the NASDAQ or the New York Stock Exchange. Here are a few significant differences:
Starting in May of 2016, thanks to a new law called Regulation Crowdfunding, it became legal for everyone to invest small amounts of money in the startups they believed in. From 1933 to 2016, investing in a private company was illegal unless you were an “accredited investor” (i.e., wealthy).
We started Wefunder to fix that because we weren’t rich and wanted to invest in our friends. The first thing we had to do was convince Congress to change the law. We managed to do that, and here we are today!