As a Public Benefit Corporation, Wefunder has a legal obligation to benefit society as our charter dictates, not to solely maximize share value. These are not mere words; our charter has the force of law, and we can be taken to court if we ignore our mission. Every year, we will release a report to measure our success.Learn more about why Wefunder is a PBC
We aim to increase economic growth and lower wealth disparity, by sharing the rewards of capitalism more broadly, and destroying the barriers that reduce social mobility.
We have the following core beliefs:
Young, hungry, and scrappy companies do more, faster.
The "wisdom of the crowd" allocates capital better than elite gatekeepers.
The middle class must rise up and break the monopoly of the wealthy.
Changing the world is hard; most startups die. But by funding more founders who strive valiantlyto take their shot, we enrich our society and boost our talent, even if they fail.
Wefunder commits to the following goals:
Wefunder will fund grants, training, and mentorship for founders. We will help create thousands of companies by spreading the "Silicon Valley ethos" to the rest of America.
Wefunder will help those who are willing to work hard to achieve the American Dream. Everyone deserves access to funding, including immigrants, minorities, and the poor.
Wefunder will help everyone - not just the wealthy and well-connected - invest in the companies they love. High-quality investments should be open to all.
Wefunder will be blunt about the risks of investing. We will actively guard against greed and strongly advocate that no one invest more than they can afford to lose.
Wefunder will help fund hard technical challenges with a long development horizon. Our country must invest in the future, not solely chase quarterly results.
Wefunder will offer paid time off - and cover travel expenses - for team members that mentor founders in cities and towns in a diverse cross-section of the country.
Wefunder will help community leaders revitalize their main streets. Neighbors are the best judge of what will succeed in their town, not a Wall St. bank looking at FICO.
Wefunder will educate founders on best practices for providing updates to investors. Investors should be treated with respect and with the highest moral standards.
Wefunder will work with both sides of the aisle in the U.S. Congress to support legislation that improves the economy, helps entrepreneurs, or protects investors.
It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.- Teddy Roosevelt, from the "Citizenship In A Republic" speech, April 23 1910
Legacy? What is a legacy?- Hamilton, The World Was Wide Enough
It's planting seeds in a garden you never get to see...
America, you great unfinished symphony,
You sent for me.
You let me make a difference.
A place where even orphan immigrants can leave their fingerprints and rise up.
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