After I invest, how often should I expect updates?
Wefunder really want to keep you informed going forward, but we can’t guarantee it. Though we try our best to maintain all of our relationships with the issuers on our portal, it may not last beyond the completion of the offering. Wefunder recommend that founders send out an update to their investor at least once a quarter.
Most companies are also legally required to issue an Annual Report 120 days after the end of their fiscal year. The annual report is a more comprehensive update with their latest financials, board members, new financings, and more. In some circumstances, an issuer may no longer be required to file this information, though we encourage them to do so, anyways. Most companies have their fiscal year end on December 31st, and their annual reports come out on April 30th.