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Wefunder is an online service that allows individual investors to crowdfund startup companies.[1][2] Wefunder uses a provision in the 2012 JOBS Act that allows unaccredited investors to purchase equity in early stage private companies.[3][4]

Wefunder
IndustryCrowdfunding
Founded2011
FoundersNick Tommarello
Mike Norman
Greg Belote
Headquarters,
United States
ServicesEntrepreneurship, startups, investment
Websitewefunder.com

Foundation

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Wefunder was founded by Nick Tommarello, Mike Norman, and Greg Belote in 2012.[citation needed] The startup incubator Y Combinator backed Wefunder during its development and launch.[5]

Wefunder is predicated upon the idea that anyone, regardless of wealth, should be able to invest in a company.[6]

See also

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References

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  1. ^ Luckerson, Victor (September 24, 2013). "The Crowdfunding Economy Is About to Pop". Time.
  2. ^ Pepitone, Julianne (April 17, 2012). "8 crowdfunding sites to watch". CNN.
  3. ^ Weisman, Jonathan (March 27, 2012). "Final Approval by House Sends Jobs Bill to President for Signature". New York Times.
  4. ^ Khazan, Olga (March 22, 2012). "JOBS Act: A potential boon for entrepreneurs or a bust for investors?". Washington Post.
  5. ^ Lawler, Ryan (March 19, 2013). "Y Combinator-Backed WeFunder Launches To Bring Crowdfunding Startups To The Masses". TechCrunch.
  6. ^ Grant, Rebecca (March 26, 2013). "Wefunder gives startups a 'green button' to meet their fundraising goals". VentureBeat.
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