Do I need to give up control of my company to the Lead Investor?
While the Lead Investor should have normal rights that professional angel investors enjoy, we don't advocate that founders lose control of their companies.
We believe the best investments come from founders who remain in control, driven by a long-term view of the impact they want to make. It is now common for founders to remain in voting control of their companies at the Series A, so they can't be fired.
However, to use Wefunder, founders must now offer investment contracts that a normal angel investor in Silicon Valley would sign.