After I invest, how often should I expect updates?
Wefunder really wants 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 recommends that founders send out an update to their investor at least once a quarter, but you can also ask the founders for an update by posting on the Q&A section of their campaign page, which is all the way at the bottom under the Interview section.
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.