Hacker News new | past | comments | ask | show | jobs | submit | npt4279's comments login

Patient has been in a hospital since Feb 12, two weeks ago. Slightly reduces the odds this is the leading edge of a large infected population.



Sure - apply, and just say that in the application


Done. Looking forward to it :)


Founder of Wefunder here.

50% of Wefunder's team of 22 are women. So we're passionate about helping more female founders, particularly inspiring very early-stage ones that this path is possible.

We're open to any ideas on how we can make this better!


Hi! I'd love to connect with you. I work with non-technical founders, mostly women, to help them sell the right product before investing too much in developers building the wrong one. There are a few people I can share this opportunity with and can think of a bunch of places on Facebook to get the word out.


Awesome. Jiwon is organizing it - you can email her at jiwon@wefunder.com. Thank you!


Reg CF would be far cheaper, faster, and easier


CF then A+. I think SEC gives pretty good choices already.

But majority ICOs just choose avoid US investors and SEC


The Howey Test was created by the Supreme Court, not the SEC. Harder to scrap.


Yeah, that's just silly.

We've already had a company that raised $1 million from Title III that then raised $5 million from professional investors.


For the companies we have raised $1 million for, 60% to 70% come from their own users or customers. The rest from the Wefunder community.

Generally, it's a pretty good investment signal when you personally love using a product. So lots of customers invest for most high-quality companies.


I'm a founder at Wefunder, and I'm happy to answer any questions about Regulation Crowdfunding.

We recently closed $1m each for three different companies. Here are our stats: https://wefunder.com/stats


From a Wefunder post[1] about RC: "However, with these protections, in the very worst case scenario, a venture capitalist firm ideologically opposed to a “messy cap table” (even though there are no voting rights) can simply repurchase the crowdfunded securities during the deal."

What does that last bit mean, regarding "repurchase the crowdfunded securities"? Do smaller investors run the risk of losing their shares entirely during a later-stage deal with a VC that wants to clean up the cap table?

[1] https://blog.wefunder.com/founders-the-strengths-and-dangers...


Smaller investors run the risk of being repurchased for fair market value at the time of the re-purchase.

The Fix Congress Act being debated in Congress may solve this problem.


What relationship did the companies have with the investors


Typically, the investors are the startups own customers. For our most successful $1m raises, we estimate over 70% of the funds are their own community.

This makes sense. One good signal of whether you should invest is whether you love the product.


My biggest concern would be ending up with a crazy cap table. When a crowd SAFE converts does the entity stay consolidated?


We created a special SAFE that won't convert until IPO or acquisition.


Ahh... so it stays a single entity until the company is large enough that having a ton of shareholders doesn't matter.

That's clever.


thanks for the project. Ideally, how much time Wefunder review process will take?


Generally, within a couple of days.


I created this. I'm happy to answer any questions about it!


I applied, but it sounds like a laptop is mandatory?

Also kind of left it last minute, because I only just found out about it today at work. oops :p


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: