Dear Startup Investor:
On tax day, we recommended one of our favorite startup investing portals to you: Wefunder.
I’d like to congratulate those of you who invested in this outstanding startup.
But if you held back, I’ve got good news for you. There’s still time to change your mind and buy a piece of this up-and-coming portal company.
The best part is, you can invest as little as $1,000.
Wefunder has a lot of things going for it. We mentioned many of them in our original recommendation. If your memory needs refreshing, read the full recommendation by clicking here.
Our investment thesis begins with Wefunder’s exceptional deal flow. It attracts serious investors and creates a virtuous circle of deal flow, generating investment, generating more deals and on it goes.
Plus, Wefunder’s founders have built a number of security measures into the portal to prevent startups from misrepresenting themselves to you.
There’s still time to reconsider. So, if you didn’t invest the first time around, I urge you to take another look.
Wefunder is getting very close to its targeted amount of $500,000.
How to Invest
If you haven’t already, register on Wefunder’s site here:
Then go to:
You’ll see a green “invest” box on your upper right. Click on it. It’ll take you to this page. Here you can read all the pertinent details of Wefunder’s fundraiser. Its target is $500K. It has already raised $205K.
You should also click on the document (WeFund LLC Subscription Agreement) that gives you the terms of the WeFund, called the WeFunds Wefunder Fund I. It’s what your money will be going into. The document also asks you to confirm that you are an accredited investor.
If you wish to proceed, click on the new “Invest” box that appears on this page. The page that now pops up will ask you to read, like and sign the WeFund LLC Subscription Agreement and the Disclosure Statement. To sign these documents, click on the green “Sign Documents” box.
Your funds, like all Wefunder investors, will be placed in an escrow account hosted at Boston Private Bank. They will be transferred to Wefunder only after the fundraising target has been met and the round is closed. There are up to 99 spots reserved for investors in these Funds. So if you wish to make an investment in Wefunder, I advise you do it soon.
Key Stats
Investment type: Convertible note
Yield: 2% APR until shares are converted to equity (upon next qualified financing round)
Cap: $15 million
Discount rate: 0%
Sincerely,
Andy
Startup Investor Portfolio
