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What are Early Bird terms & how do they work?

Early Bird terms allow you to offer slightly better terms to those who invest first in your round. These reward those who decide to back you before everyone else. They also give a reason for investors to invest immediately - not later. That extra momentum can spark an entire raise.

Why should I offer Early Bird Terms?

Companies that offer Early Bird terms to the first $50k - $100k worth of investments typically raise funding much faster. Generally, Early Bird terms are a 10% discount off the regular terms.

For example, if you're raising $250K on a SAFE with a $10M cap, you may offer the first $50K of investors (the "early bird investors") a $9M cap.

Which investors qualify for Early Bird terms?

- Only investors within the set amount will get the terms.

- Early bird terms are allocated on a first-come, first-serve basis*.

- A reservation does not guarantee an investor will receive early bird terms.

* Wefunder VIP Members can still access early bird terms, as available, at any time through the raise.

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