One of the things we hear quite often from people is "this sounds too good to be true!" This is what Morley Safer said to World Tree founder Wendy Burton in his first conversation with her:
“…My staff brought your company to my attention and I have to tell you young lady, quite frankly, it sounds like a scam. I’m going to do my research on you and if I find out it’s a scam, I’m going to expose you.”
In the video below, Wendy shares the story of what happened next ....
The story has a happy ending. Morley Safer and his team did investigate World Tree and were so impressed they published this documentary for the American Environmental Review. The video was produced some years ago, and the quality is a bit scratchy, but the content is fabulous and still holds true today.
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 233 startups
Wefunder Advisors LLC
for 98 startups
for 1 startup
Curious how well the companies have done? Or how many raised follow-on financing?
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
Join 312,354 investors who funded 319 startups with over $113.5 million1
wefunder.com/updates/98237-an-encounter-with-morley-safer is managed by
Wefunder Portal LLC.
Wefunder Inc. runs wefunder.com and is the parent company of Wefunder Advisors LLC and Wefunder Portal LLC. Wefunder Advisors is an exempt reporting adviser that advises SPVs used in Reg D offerings. Wefunder Portal is a funding portal (CRD #283503) that operates sections of wefunder.com where some Regulation Crowdfunding offerings are made.
Wefunder, Inc. operates sections of wefunder.com where some Regulation D and A offerings are made. Wefunder, Inc. is not regulated as either a broker-dealer or funding portal and is not a member of FINRA.
You may also view our Privacy Notice.