Nick TommarelloFounder & CEOWefunder

Nick TommarelloCEO & Founder, Wefunder

nick@wefunder.com

Crowdfunding & The Future of Venture Capital

We help everyone around the world invest as little as $1000 in curated US startups

About Wefunder

2015 Stats

• 45,000+ users

• 30% of our investors are international

• Invested $13M+

• Funded over 110 startups

• Biggest Win so far: Zenefits Our invested: $10M valuation in 2013 Current Valuation: $4.5 billion (300x return to date)

Current State of the Industry

How it Works

• AngelList, FundersCLub, & Wefunder are the main players

• These three took away all downsides – no adverse selection

• Acts like a big angel investor

• Typically $200k-$500k

• Tops off a round at the end

Not Yet Very Innovative

PROS:• The wealthy outside of Silicon Valley can invest in startups with a potential to be $1b+

• $1000 minimum instead of $100,000+

CONS:• 99 investor limit• Can’t advertise (usually)• An Accredited Investor

The Future

Wefunder was founded to help everyone invest as little as $100

Lobbying the Government

Wow. It Worked.

Still waiting…

• Unaccredited Can Invest (with exceptions) • Small businesses • Very very early stage, <$100k • A late-stage startup crowdfunds just prior to IPO

• Accredited Market: • The 99 Limit Goes Away • Platforms start leading Series A

2016 Predictions

Public Companies

“Very Risky… So Be Wealthy”

Private Companies

“Enron Must Never Happen Again”

Huge Regulatory Burden

?

Public Companies

Private Companies

“Enron Must Never Happen Again”

Huge Regulatory Burden

Public/Private Hybrid“Expect lots of risk… so invest < 10% of your

income.

“Very Risky… So Be Wealthy”

How is Venture Capital impacted?

What happens when crowdfunding delivers $5+ Million in 24 hours?

How can more Moonshots be funded?

What happens when we “train” more founders?

What happens when we “train” more investors?

What if 30 world-class Artificial Intelligence experts can create a distributed VC firm… in 1 day.

We’re all going to be VC’s

Nick TommarelloCEO & Founder, Wefunder

nick@wefunder.com

Thank you

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